04.27.2012

Romanian Banca Transilvania (TLV.RO) treasurer Luminiţa Runcan has been appointed deputy general manager and approved by the bank's board on Thursday. more

04.27.2012

Romania's central bank has authorized the appointment of Tomas Spurny as the new chief executive officer of Banca Comerciala Romana, or BCR, the commercial lender said in a statement Friday. more

04.24.2012

Every year when multinational companies publish annual reports, rankings are compiled about the highest-paid executives. ZF has tried to make a ranking of the salaries of the executives of the local more

04.24.2012

None of the top 10 banks in Romania are run by a woman, although more than two thirds of employees in the financial services sector are women, according to a ZF analysis. In the entire banking system, more

04.18.2012

Vanguard Asset Management, administrator of Romanian brokerage house Tradeville, is set to launch the first exchange-traded fund (ETF) on the Bucharest Stock Exchange, the brokerage firm said more

04.13.2012

Constantin Avramescu, manager in charge of sales, marketing and aftersales within Opel Romania, has been appointed to a new position in the central management team of the German brand in Russelsheim. more

04.11.2012

Romania’s leading asset administrator Raiffeisen Asset Management Wednesday reported a pretax profit of 6.5 million lei (EUR1.5 million) in 2011, around 6% lower on the year. more

04.11.2012

The local market of mutual funds ended the first quarter of the year with 8,562 billion lei (EUR1.96 billion), 4% more than at the beginning of year mainly because of the new money raised from more

04.10.2012

Cigarette maker Philip Morris Romania on Tuesday announced the appointment of Sorana Mantho as Corporate Affairs director replacing Andrei Vasilescu, who left the company to pursue personal projects. more

04.09.2012

GDF SUEZ Energy Romania, a subsidiary of French utility GDF SUEZ, Monday announced the appointment of its chairman, Eric Stab, as chief executive officer. more

04.06.2012

The shareholders of regional investment fund SIF Moldova (SIF2.RO) on Friday appointed Valentin Ionescu as member of the Managing Board, with some 70% of votes. more

04.05.2012

Beer maker Heineken Romania will have Onno Rombouts as managing director starting June 1, replacing Jan Derck van Karnebeek who was promoted as regional president of Heineken Central and Eastern more

04.02.2012

Former OTP Bank director Gabriel Cretu was appointed Head of Sales at Romanian credit broker KIWI Finance, replacing Traian Stancu who was promoted to the position of Chief Operating Officer. more

04.02.2012

Dairy maker processor Danone Romania on Monday announced the appointment of Dieter Schulz as general manager, starting April 1, replacing Stephan Batoux. more

03.29.2012

Gabriel Popoviciu, one of the most powerful and also lowest-profile businessmen in Bucharest, turned over the operational management to young executives. Most of them are Romanians and make sure the more

03.28.2012

The shortlist of private managers for Romanian companies Hidroelectrica, Oltchim and Romarm will be completed by April 30, and the list for Electrica Furnizare will be done by May 15, after which the more

03.27.2012

Romanian electronics retailer Flanco will appoint Violeta Luca as deputy CEO, starting April, filling a position that has been vacant since 2009. more

03.27.2012

Renato Keller is the new general manager of Bayer Romania, a company with activities in several sectors, but whose main business is in the drug industry. The Bayer business consists of the HealthCare more

03.22.2012

U.S. insurer MetLife included Romania in its Central Europe business area, following reorganization, and reconfirmed Theodor Alexandrescu and Mihai Coca-Cozma as general managers of insurer Alico more

03.22.2012

Andrew Henry Zivy, owner of Swiss grain trader Ameropa Holding AG, has been appointed new chairman of the board of Romanian fertilizer producer Azomures (AZO.RO), following the latter’s purchase by more

03.22.2012

Coca-Cola HBC, the largest player on the Romanian drinks market, recruited Stephane Batoux as general manager for Romania and Moldova, in a surprising move for the fast moving consumer goods market. more

03.20.2012

The supervisory board of mortgage lender Raiffeisen Banca pentru Locuinte appointed Aurelia Cionga as president, while also promoting Stelian Stanga as vice-president in charge with operations. more

03.16.2012

Appointed to the helm of British American Tobacco Romania, Gemma Webb has become the first woman to run a local cigarette manufacturer. more

03.14.2012

Private managers will firstly be installed at state-run companies Oltchim (OLT.RO), Romarm and Hidroelectrica, and then to Electrica Furnizare, Economy Minister Lucian Bode said Wednesday after a more

03.14.2012

Aurelian Mihailescu was appointed by the board of Raiffeisen Bank Romania to replace Cristian Sporis as head of the treasury and capital markets department after the latter agreed to take the position more