Volpe’s appointment is effective as of April 30.

Enel Romania didn’t give a reason for replacing D’Agnese, but said the latter would take over a leading position with the Italian group.

D’Agnese served as general manager of Enel Romania for three years.

The Italian utility estimates its pretax earnings in Romania will rise 4% to EUR300 million in 2014, from EUR289 million a year earlier.

Enel serves 2.6 million customers in Romania.

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