07.13.2015

Consultancy company Ernst & Young (EY) will draft, over the next six months, a performance-based bonus system for the middle management of Romanian state-run gas producer Romgaz Medias (SNG.RO). more

03.13.2015

At 26, Mihai Calinescu works for BlackRock, the world’s biggest money manager and handles assets worth one billion dollars for which he has to find the most lucrative placement. He would invest at more

03.05.2015

The number of women in top executive positions in Romania is higher than throughout Europe because fewer women in Romania chose to stay on maternity leave due to a lack of sufficient financial more

02.24.2015

Global finance giants BlackRock, Vanguard, Franklin Templeton and Morgan Stanley hold around $100 million (some RON400 million) worth of investments on the Bucharest Stock Exchange through the funds more

02.19.2015

Top executives in Romania are optimistic about the evolution of their companies’ financials this year, foreseeing sales and profit growth fueled, among others, by continued investments and increases more

01.14.2015

Romania ranks 53rd out of 126 countries by the proportion of women managers, with 31.4%, outranking countries such as Germany, Austria, Spain or The Netherlands, according to a report released by the more

10.06.2014

Romania's Transport Ministry is seeking managers for state owned airline Tarom, passenger railway company CFR Calatori, railway company CFR SA, the Bucharest Airports Company and subway operator more

08.25.2014

Euro Insol company, judicial administrator for Romania's insolvent power producer Hidroelectrica, replaced the managers of four Hidroelectrica units following “management flaws”. more

07.22.2014

The managers of investment funds East Capital and BlackRock, which are among the biggest foreign investors in Romanian stocks, expect the Bucharest market to be among the those that will stand to gain more

05.22.2014

Investment fund Frontiers Investment Trust, managed by US giant BlackRock, the world’s biggest money manager, has come to invest EUR6.7 million in the shares of BRD, Romania’s second largest bank more

05.22.2014

Romania’s five largest money managers ended 2013 with net cumulated profits above RON34 million, mainly generated from the management of low-risk mutual funds. more

05.08.2014

Remus Borza, head of Euro Insol, judicial administrator for Romania's insolvent power producer Hidroelectrica, replaced several managers of Hidroelectrica branches in Bistrita and Portile de Fier, more

05.05.2014

Cristian Ustinescu, former investment director at real estate consulting firm DTZ Echinox, has taken over as senior transaction manager with Austria’s Immofinanz Group. more

10.28.2013

The supervisory board of state-owned hydropower plant Hidroelectrica has appointed two new members in the company’s managing board and extended the five board members’ terms until December. more

10.22.2013

A quarter of the leading managers in the Romanian economy are foreigners and 150 top executives were either promoted or changed their job in 2013. more

10.03.2013

The vehicles and chassis production units, the two largest on Romanian carmaker Dacia’s industrial platform in Romania, have new managers starting October, the company said in a statement Thursday. more

06.28.2013

Romanian executives estimate all major economic sectors will grow over the June-August period compared with the previous three months, with constructions and retail expected to expand at a faster more

06.13.2013

The Romanian business environment is concerned about the lack of clarity of a Government emergency ordinance taxing by 85% severance pay granted to managers and executive board members, the American more

05.31.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) recruited two new deputy general managers, Cosmin Bucur and Elena Badeanu, who both served as executives at RBS Bank Romania. more

05.29.2013

The former managers of the now extinct authorities that used to supervise the capital market, the insurance sector and private pensions, get severance pay of up to 19 monthly salaries because their more

05.28.2013

The remuneration committee of Romanian state-owned nuclear power producer Nuclearelectrica proposed that the company’s executives, including the general manager, receive monthly pay ranging between more

04.25.2013

Romanian state-run nuclear power plant operator Nuclearelectrica has appointed a new seven-seat Board of Directors, the company said in a statement Thursday. more

04.25.2013

Only half of the 51 managers appointed in the boards of directors of state-run companies truly come from the private sector, as planned in the “Private CEO in the state sector” project. 25 of the more

03.28.2013

Romanian executives estimate all key economic sectors will see a spike in activity levels in the March-May period compared with the previous three months, the statistics institute INS said in a survey more

03.05.2013

Professional managers interested in running Romanian state-owned electricity supplier Electrica SA, power company Complexul Energetic Hunedoara and power grid operator Transelectrica have until April more