Poland and Hungary generate almost $1 billion revenue a year with more than 2.5 million customers and 5.2 million subscriptions.
His move to the helm of the Polish operations comes as a result of Frans-Willem de Kloet, the current CEO, leaving the group. In Warsaw, Redeleanu will meet a former rival in Romania, French executive Jean-Francois Fallacher, former CEO of Orange Romania in 2011-2016, who runs the Orange subsidiary in that country.
Robert Redeleanu will be replaced by Mihnea Radulescu, currently vice-president B2B of UPC in the region. Redeleanu, who joined LGI as marketing manager of the Romanian subsidiary in 2013, steered the business towards growth during his term as CEO through fast-paced expansion of the network and resumption of acquisitions.
The available data show UPC network added 600,000 households during Redeleanu’s term in office for a total of more than 3 million, while the number of TV and fixed Internet services customers rose by 120,000 each. UPC posted the second highest growth on the fixed Internet market, beating Telekom group, which was unable to grow during the period considered.
UPC Romania’s average revenue per quarter was 184 million lei (EUR39 million) in 2017, compared with RON158 million in 2015. UPC posted total revenue of RON734 million in 2017, 16% higher than in 2015.
“I am pleased to take on the new responsibility with UPC CEE and join UPC Poland (…),” Robert Redeleanu said.
The new CEO of the Romanian operations, Mihnea Radulescu, started at Liberty Global in Romania in 2013, where he developed and implemented a series of successful strategic projects as part of the local management team. In 2015, he became vice president business transformation for CEE and vice president B2B for CEE in 2016. (EUR1=RON4.6595)
(English version by Loredana Fratila-Cristescu)