The companies analyzed by ZF, which operate in FMCG, DIY, energy and auto industries, generate more than 40 billion lei (over EUR9 billion) revenue together and employ more than 30,000 people.
The latest such changes took place at two of the largest FMCG businesses in Romania, Procter & Gamble and Unilever, in July. Procter & Gamble replaced Hans Dewaele after a four-year term with a new expat, Elena Kudryashova.
Unilever South Central Europe announced it put in charge of its operations in Romania, Bulgaria, Serbia, the Republic of Moldova, Macedonia, Albania, Kosovo and Montenegro a Romanian executive, Florin Trandafirescu. Romania is the biggest market of those, so the team in Bucharest supervises the operations in the entire region.
The largest company by revenue to undergo a change of management was Renault-owned Automobile Dacia, a company with more than RON19 million revenue and almost 14,000 employees.
(English version by Loredana Fratila-Cristescu)