04.15.2013

Romania’s Transport Ministry has rejected the management plan proposed by the Executive Board of state-owned railway operator CFR SA, which will lead to the termination of the board members’ more

04.10.2013

Kostas Loukas has been appointed country general manager at Microsoft Romania, to replace interim general manager Sorin Eftene, software producer Microsoft said in a statement Wednesday. more

04.04.2013

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

04.03.2013

Former U.S. Ambassador to Bucharest Mark Gitenstein and Sorin Mindrutescu, general manager of Oracle, are the only applicants for two vacant positions in the Representatives Committee of Romanian more

03.29.2013

Romanian building materials maker Prefab (PREH.RO) Friday announced the company’s general manager Vlad Milut will be replaced with Adrian Razvan Ionescu as of April 1, according to a statement sent more

03.29.2013

The board of directors of the Bucharest Stock Exchange yesterday voted to dismiss Victor Cionga after seven months into his position as chief executive officer for having failed to restructure the more

03.25.2013

Cezar Cursaru, former manager of Intrasoft International Romania, has taken over the position of chief executive officer of GeCAD NET, replacing Serban Prejoianu who was appointed deputy CEO more

03.21.2013

Romania’s Transport Ministry has appointed Valentin Dorobantu as chief executive officer of passenger railway carrier CFR Calatori following a private manager selection process. more

03.21.2013

Erste Asset Management, Romania’s largest fund administrator, estimates its assets will exceed EUR1 billion by the end of June, general manager Dragos Neacsu said Thursday. more

03.18.2013

Romania’s state-run power grid operator Transelectrica (TEL.RO) Monday named Dumitru Parvulescu, former deputy secretary general with Economy Ministry, as president of the company’s Supervisory more

03.14.2013

Mihai Turcanu has resigned from the position of president of Romania’s National Sanitary-Veterinary and Food Safety Authority (ANSVSA) following the scandal involving aflatoxin-tainted milk, people more

03.07.2013

Romania’s insolvent power producer Hidroelectrica will launch a campaign next week to select 67 private managers, the company’s legal administrator Euro Insol said Thursday. more

03.07.2013

Alina Necula has taken over as marketing and sales manager of real estate developer Adama, replacing Asher Lax who decided to leave the company. more

03.06.2013

Gijs Klomp has been appointed managing director of Jones Lang LaSalle’s business in Romania, to replace Troy Javaher, the real estate consulting firm said Wednesday. more

02.28.2013

Robin van Rozen has been appointed country manager at Philips Romania to replace Gorjan Lalchevski, the Dutch electronics group said in a press release Thursday. more

02.26.2013

Romanian steel maker Laminorul Braila (LMRU.RO) has appointed Katylkou Hleb to act as interim general manager until end April, the company said in a statement Tuesday. more

02.22.2013

The stockholders of regional investment fund SIF Transilvania (SIF3.RO) will discuss in April 20 meeting on enforcing the dualist management system made up of a Directorate and a Surveillance Council. more

02.21.2013

Romanian Transport Minister Relu Fenechiu announced Thursday the new management of state-owned freight company CFR Marfa, made up of economists, engineers and legal advisors, which will have a direct more

02.20.2013

Dragos Neacsu, CEO of Erste Asset Management, the largest asset manager on the local market, warns over the shortage of corporate bond offers on the Romanian market, saying he finds it difficult to more

02.19.2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more

02.07.2013

Romanian state-run chemical plant Oltchim Ramnicu-Valcea (OLT.RO), which has recently entered insolvency, will appoint a new general manager next month to replace Mihai Balan, the Economy Ministry more

02.05.2013

Electronics, home appliances and computer retailer Domo was taken over by investment fund Domtech and has a new chief executive officer, Dragos Dinu. more

02.05.2013

The World Bank has appointed of Mamta Murthi, as Country Director for Central Europe and the Baltic Countries in the bank’s Europe and Central Asia region, effective as of February 1, 2013, the more

02.05.2013

Real estate consulting firm Jones Lang LaSalle (JLL) Tuesday said it is in charge of the property management of the shopping gallery of Carrefour Militari in western Bucharest, with a total gross more

02.04.2013

Danone Romania, a unit of French food group Danone, Monday said it named Cristina Popescu as the company’s corporate affairs head for southeastern Europe. more