04.29.2014

Enel Romania on Tuesday appointed Toni Volpe as its new country manager, replacing Luca D’Agnese in the position, the local unit of Italian utility Enel said in a statement. more

04.17.2014

Romanian lender BRD-Groupe Societe Generale (BRD.RO) on Thursday appointed Giovanni Luca Soma and Aurelian Dochia in the bank’s Board, pending authorization from the central bank. more

04.16.2014

BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year, said more

04.11.2014

Radu Stoica, Chief Financial Officer (CFO) at home-improvements store chain BauMax Romania, will take over as CFO at footwear retailer Deichmann Romania, starting April 1, 2014. more

04.03.2014

Romania’s insolvent hydropower producer Hidroelectrica named Roxana Laura Panaitescu and Petronel Chiriac as the new heads of accounting and audit departments, the company announced Thursday. more

03.31.2014

Minister-delegate for Energy Razvan Nicolescu asked the general manager of Romanian state-run oil transporter Conpet Ploiesti (COTE.RO) to dismiss three managers of the company, following public more

03.24.2014

The legal administrator of Romania’s insolvent hydropower producer Hidroelectrica wants to replace 80% of the company's management within two months and has started by appointing Adrian Gheorghe as more

03.21.2014

Franklin Templeton will get a higher fee under the new agreement to manage the EUR3.2 billion assets of Fondul Proprietatea (FP.RO) for two more years, in addition to distribution fees from the cash more

03.20.2014

Valeriu Nistor, country general manager at IBM Romania, has been re-elected president of the American Chamber of Commerce in Romania, or AmCham. more

03.19.2014

Austrian executive Ali Yilmaz Yildirimlar, general manager of five-star Radisson Blu Hotel in Bucharest since 2009, has been promoted to regional manager in Russia, where he will supervise the more

03.07.2014

The management team of state-owned CEC Bank is unchanged at the moment and Romania’s central bank (BNR) has not received any notification from the Finance Ministry or the lender itself about the more

03.03.2014

British multinational telecommunications group Vodafone has appointed Ravinder Takkar as Chief Executive Officer (CEO) of Vodafone Romania, starting May 1, 2014. more

02.21.2014

German financial group Gothaer will take over the shares it doesn’t own in its Romanian unit from the founders of the company, for an undisclosed amount. more

02.20.2014

Laurentiu Stefanescu will take over as general manager of Sika Romania, starting March 1, 2014. more

02.13.2014

Operating leasing and car fleet management company Fleet Management Services (FMS) registered a 13% increase in turnover on the year to EUR4 million in 2013, backed by the operating leasing segment more

02.11.2014

Liviu Irimia, who built his career in the marketing and sales departments of multinationals such as Nestle, Beiersdorf (Nivea), JTI or InBev (current Bergenbier), last autumn took over the position of more

02.03.2014

Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more

01.31.2014

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), has appointed Adriana Jankovicova as its new Chief Financial Officer, effective March 1, the lender said in a statement more

01.28.2014

French François Pétry will take over as Chief Executive Officer of Holcim Romania, a unit of Swiss-based building materials maker Holcim, starting February 1, 2014, the company said in a statement more

01.24.2014

Vodafone Group Friday announced the appointment of Inaki Berroeta, the chief of its Romanian unit, as chief executive officer of Vodafone Hutchison Australia, starting with March 1. more

01.21.2014

Dragos Sirbu will take over as Chief Executive Officer of Romanian electronics retailer Flanco Retail, starting February 2014. more

01.20.2014

Romania’s state-owned railway company CFR announced Monday that it has appointed Ionel Voicu as its general manager, replacing George Micu. more

01.15.2014

Six managers made the rules on the mutual fund market in 2013, raising 3.5 billion lei (EUR775 million) from investors. In 2014, the declining interests may bring another RON4 billion in net more

01.13.2014

IT software developer Siveco Romania announced the appointment of Mihai Tudor, former chief commercial officer for business segment at telecom operator Romtelecom, as its new vice-president commercial more

01.09.2014

Laszlo Csiki has taken over as Chief Executive Officer of real estate developer Adama, solely owned by Austrain group Immofinanz, starting January 2014. more