People
Raiffeisen Bank and Foreign Investors Council head, Elliott’s proposal for Fondul Proprietatea committee
Steven Van Groningen, the head of Raiffeisen Bank Romania and the president of the Foreign Investors Council in the country, is American fund Elliott’s proposal from for a seat on Romania’s Fondul Proprietatea Representatives Committee. Van Groningen is also a shareholder in the fund. The American fund also proposed Piotr Rymaszewski, CEO of Polish Octava [...]
Elena Cosma moves from Bancpost’s nonperforming loans division to ZRP Insolvency as executive director
Elena Cosma, former manager of Bancpost’s nonperforming loans department, was recently named Executive Manager at ZRP Insolvency, member of the Zamfirescu Racoţi Predoiu group, according to the company. She will take over this position from April 1, 2012, and will coordinate and manage insolvency projects. Elena Cosma has 38 years of experience in banking and [...]
Law firm Wolf Theiss promotes Ciprian Glodeanu new partner in its Bucharest office
Law firm Wolf Theiss recently announced the promotion of Ciprian Glodeanu (in picture) as new partner in the company’s Bucharest office. Ciprian Glodeanu started at Bostina & Associatii law firm, where he was also promoted partner. He joined Wolf Thiess in 2006 as a Senior Associate. Two years later, he took over as coordinator of [...]
Enel Green Power appoints Lazzeri to lead Romanian subsidiary
Italian utilities company Enel has appointed Francesco Lazzeri head of Enel Green Power Romania, replacing Carlo Pignoloni, who ended his three-year mandate. Lazzeri has been working with Enel since 2000. He previously led the Maintenance Services department for Enel Power Italy’s geothermal division. Lazzeri studied Mechanical Engineering at the University of Pisa, Italy. Enel Green [...]
Dinu Patriciu is Romania’s only billionaire in Forbes list
The recently published 2012 Forbes billionaires list features just one Romanian – businessman Dinu Patriciu. He is ranked 854th and said to be worth USD 1.5 billion by Forbes. This year has set records for the number of billionaires and their combined wealth: 1,226 billionaires divvying up USD 4.6 trillion. The top three places are [...]
Romania’s Economy Ministry state secretary Karoly Borbely becomes president of Oltchim
Karoly Borbely, State Secretary within Romania’s Economy Ministry was named president of the board for state-owned chemical producer Oltchim Râmnicu Vâlcea. Karoly Borbely replaced Constantin Dascălu, who resigned six months into the job. Oltchim is one of the companies Romania plans to privatize. It ended 2011 with a loss of EUR 63.6 million, above the [...]
Teodor Melescanu voted new head of Romania’s Foreign Intelligence Service
Romanian diplomat Teodor Melescanu (in picture) was recently appointed as the new head of the Foreign Intelligence Service (SIE) by the Romanian Parliament, with 238 votes for and only one vote against. Romanian President Traian Basescu proposed him for the position. After being nominated for the position, Melescanu resigned from the National Liberal Party (PNL), one [...]
Romanian law firm NNDKP promotes four new equity partners
Romanian law firm Nestor Nestor Diculescu Kingston Petersen (NNDKP) has recently announced the promotion of Simona Neagu, Sorina Olaru (Cretu), Ioana Niculeasa and Emil Bivolaru as equity partners. As a result, the firm’s partnership structure now consists of twelve equity partners and four salaried partners. Simona Neagu, Sorina Olaru (Cretu) and Emil Bivolaru coordinate, together [...]
Ţuca Zbârcea & Asociaţii names Cristina (Taeuber) Ana as Coordinator of the Structural Funds department
Romanian law firm Ţuca Zbârcea & Asociatii has recently appointed Cristina (Taeuber) Ana to be the company’s new coordinator of its Structural Funds department. She has 7 years of experience gained within the Delegation / Representation of the European Commission in Romania where she coordinated the implementation of the pre-accession funds for internal affairs, justice and social areas. [...]
Amway appoints Ioana Enache to lead Romanian subsidiary
Direct sales company Amway appointed Ioana Enache general manager for its Romanian operations. Enache joins the direct sales outfit, replacing George Popescu, who left to be manager of the European sales department within Atlas. Ioana Enache, with 19 years of experience in marketing, sales and communication, previously worked with GlaxoSmithKline, A&D Pharma and Petrom. For [...]
Volksbank Romania appoints Sorin Serban new VP
Volksbank Romania recently appointed Sorin Serban new vice president. He will coordinate the Restructuring and Loans Recovery department. Sorin Serban has over 16 years of experience in finance, of which more than 12 years are in risk management and lending. Before joining Volksbank, he held the position of Chief Risk Officer at Garanti Bank Romania. [...]
British American Tobacco appoints Gemma Webb to run Romanian subsidiary
British American Tobacco named Gemma Webb to lead its subsidiary in Romania, replacing David Waterfield. Webb has been working with BAT for the last 11 years. Before coming to Romania, she was Regional Head Of Trade Marketing Western Europe. Prior to that, Webb was GM for BAT in UK and Ireland. A Warwick Business School [...]
Tire company Goodyear Dunlop promotes two Romanians to top regional positions
Romanian Goodyear Dunlop’s Alina Mihaescu and Daniel Matei were recently promoted to key regional positions within the company. Alina Mihaescu was appointed Commercial Marketing Manager Central and South-Eastern Europe (CSEE) starting from January of this year and Daniel Matei is now the Trade Marketing & Customer Training Manager for CSEE. Alina Mihaescu (in picture) will [...]
MediHelp International appoints Daniela Gheorghe new Business Development Manager
Daniela Gheorghe (in picture) was recently appointed new Business Development Manager at MediHelp International, according to the company. She will be responsible for product development, marketing activities, and the development of the brokers and medical providers network. Daniela Gheorghe has over 15 years of managerial experience and more than seven years of experience in the [...]
Euronews editorial director, Romanian Sarb becomes GeoPOL board member
Virtual thinktank GeoPOL appointed Romanian Lucian Sarb, editorial director of the Euronews TV network, as a member of its scientific board. Lucian Sarb founded and coordinated the Money Channel TV station project in Romania from 2006. Before that, he led the news department in state-owned TV channel TVR. He joined Euronews in 2009 as editorial [...]
Head of Canary Wharf, Romanian Iacobescu knighted by Prince Charles
Romanian businessman George Iacobescu, president and executive director of Canary Wharf, London’s second largest business center, was knighted last week by Prince Charles, according the Romanian Embassy in London. Following the announcement in the New Year’s honors list, Prince Charles performed the ceremony. He has been awarded a KBE (Knight of the Most Excellent Order [...]
Xerox Romania appoints Cristian Petrescu new Technology and Channels Director
Romanian Cristian Petrescu (in picture) is the new Technology and Channels Director with Xerox Romania starting February 2012, according to the company. He will be responsible for the coordination of the entire Xerox network of partners as well as for the activities through indirect sales of Xerox equipment and services Petrescu has worked for around [...]
Romanian PM chooses business journalist Dan Suciu as new spokesperson
Romanian business journalist Dan Suciu, former editor-in-chief of the Money Channel TV station, was named as the Government’s new spokesman. The appointment was prompted by new PM Ungureanu’s wish for a business journalist to hold the position. Suciu, who holds an BA in Philosophy, an MA in Public Policies and a PhD in Economy, was [...]
Finance Minister appoints head of Raiffeisen Treasury to run state Treasury
Romania’s new Finance Minister Bogdan Dragoi appointed Raiffeisen Bank head of treasury, Cristian Sporis, 36 (in picture), as state secretary responsible for the management of public debt, according to Romanian media. In his new job, Sporis will run the state treasury, previously the responsibility of the current Finance Minister, before being named head of the [...]
Romanian climber Coco Popescu sets world record for climbing tallest volcano in Antarctica
Romanian climber Crina ‘Coco’ Popescu broke the world record and made it into the World Record Book for being the first woman to climb the Sidley mountain, the tallest volcano in Antarctica. Coco Popescu, the 16-year old Romanian climber, was at her first expedition on the 4,285 m mountain. She joined a team which included [...]
Western Union appoints new GM for Romania, Bulgaria after former GM’s promotion to regional level
Money transfer company Western Union appointed Daniela Budurea to lead the Romanian and Bulgarian subsidiaries, replacing Alexandru Bădulescu, who was promoted to Regional Vice-president for the Eastern Europe and CIS with the company. Budurea was previously group country manager with Angelo Costa Romania. Prior to that, she was an executive manager of Dollar Express Romania. [...]
L’Oreal appoints Gilles Antoine to lead Romanian subsidiary
Cosmetics company L’Oréal Romania appointed Gilles Antoine as new Country General Manager, replacing Richard Matalon, who has led the Romanain subsidiary for the last four years. Antoine started his career in L’Oréal, in France, 17 years ago, in the sales organisation. His international assignments covered countries like Mexico (where he was appointed Sales Director for [...]
Romania’s new Minister of Finance Bogdan Dragoi: one of the “talented youngsters” of Romanian finance
Bogdan Alexandru Dragoi, 31 years old, is the new Minister of Public Finance. He already has around six years of high level experience in public institutions and is considered one of the “talented youngsters” of Romanian Finance, as he has been described by local media. A former State Secretary in the Finance Ministry, Dragoi has been in charge of securing more financing to cover the country’s debt and its budget deficit, [...]
New Economy Minister in Romania: Lucian Bode- electrical engineer and top scorer at Euro politicians’ soccer match
Romania’s newly installed Minister of Economy Lucian Bode, 38 years old, is the head of the Democrat Liberal Party (PDL) Salaj, president of the Friendship group Romania – Qatar and former president of electricity distribution company Electrica Zalau until 2008. Bode was also the Romanian Parliament’s top scorer at the European Parliament’s soccer tournament held in 2011, in Hungary, scoring three of [...]
Romania’s new PM Mihai Ungureanu: Oxford graduate, former External Affairs Minister and ‘head spy’
Romania’s newly installed Prime Minister Mihai Razvan Ungureanu is the country’s former Foreign Intelligence head, which has earned him the name ‘Head Spy’ in the foreign media. At 44, Ungureanu is the youngest PM, and head of the youngest government the country has seen, with an average age of 48. Born in Iasi, north of [...]
Romania strikes gold, silver and bronze at European Gymnastics Championship, wins title after four years 
‘Magic mentalist’ wins ‘Romania’s got talent’ competition after flat-lining during live show 
Three trams collide, derail in Bucharest accident, at least 86 injured 
‘The Avengers’ epic movie almost covers production costs with first week-end box office revenues 
Athletic Bilbao files official complaint over Bucharest airport delays after Europa League final 
Wajiha Haris, Scheherazade Foundation president: “No” is never an option 
Romania’s Education Minister accused of having plagiarized three international research papers 
German STEAG buys wind farm from Romanian Monsson, plans EUR 200 mln investments 
Romanian actor Serban Ionescu left bed bound after catching Lyme’s disease from tick bite 
S Immo to put EUR 66 mln into The Mark – Bucharest office building with intelligent facade
