about us | newsletter | contact | archive | members area
Elsa Monteiro, Sonae Sierra
Today green buildings can be delivered at a price comparable to conventional buildings»
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Marinel Burduja at the helm of the future Romanian Bank for Credit and Investments

Central Bank approved the future management of Romanian Bank for Credit and Investments the current ATE Bank, with Marinel Burduja to lead from the position of CEO.

2013-10-21 13:43:39

He will be assisted by Alina Pascu (ATE board member), Dorin Badea (former head of Treasury UniCredit), Gabriel Arsene (formerly Raiffeisen Bank) and Andrei Popovici (former McKinsey). Burduja coordinated the takeover of Romanian branch of ATE Bank after in April this year, Romanian businessman Dorinel Umbrarescu signed an agreement with Piraeus Bank to purchase the majority stake of the bank with EUR 10.3 million.
For seven years, Burduja was first vice-president of Raiffeisen Bank and left the Austrian Bank in May last year. In mid 2012, Greeks from Piraeus Bank announced they would pay EUR 95 million to purchase the healthy assets and liabilities of state lender Agricultural Bank (ATE Bank). In June this year, Greek lender Piraeus announced the completion of the acquisition of 100 percent of the share capital of its Greek subsidiary Millennium Bank.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1554 Views
Daily Info
Cypriot company tackles Romanian real estate market

Mentor Group Investments, the real estate arm of Cyprus-based group Grupul Mentor Group Holdings said it planned to invest around 75 million Euro on the Romanian market for de...

Colliers intermediates the lease of 600 sqm for Flavours Food design in Bucharest Business Park

Flavours Food Design, an event catering company leased 600 sqm in Bucharest Business Park for the opening of a new concept restaurant, a transaction managed by Colliers

EconMin Gerea: The Chinese return to Romania for talks on Cernavoda nuclear plant units

The Chinese return to Romania to talk about the Cernavoda nuclear power plant units, after they were back to China to celebrate the wooden goat, Energy minister Andrei Gerea ...

MFE: Romania collects over 460 million Euro from EC in 2015; absorption exceeds 52 per cent

Romania collected this year over 460 millionEuro from the European Commission, the European funds absorption rate exceeding 52 per cent at the end of February 2015, shows a re...

Number of companies with foreign partial equity ownership goes up to almost 200.000

The number of companies with foreign partial equity ownership reached 199,103 units, by 0.2 per cent more than the number registered on December 31, 2014 (198,635 companies), ...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

advertising

More on News
EC Corina Cretu offers mediation between Romania, Hungary on cross-border program

European Commissioner for Regional Policy Corina Cretu discussed the Interreg V-A Romania-Hungary cross-border cooperation programme in January with Romanian Foreign Minist...

Competition Council to apply the first fines for noncompliance

In mid-January, Romania's Competition Council (CC) fined both Avenir Telecom and Euronet Services, as well as the Professional Football League (LPF) with fines totalling 70...

Romania to export electricity of 250 million Euro in 2014

In early January, the European Network of Transmission System Operators for Electricity (ENTSO-E) announced that Romania exported about 7.28 TWh of electricity, worth about...

Two million-Euro grain processing plant in Braila

Romanian-based Rodbun Group, specialized in the distribution of seeds, pesticides and fertilizers, will invest two million Euro in Tichilesti, Braila county, to build one o...

EC finances the Cernavoda-Constanta section of Sun Highway

The European Commission decided recently to cover construction costs for the Cernavoda-Constanta section of the A2 "Sun Highway", initially financed by the Romanian state t...

Eco-Rom Ambalaje registers four per cent collection growth in the first nine months of last year

Eco-Rom Ambalaje, founded to fulfil the recycling obligations for packaging waste incumbent on producers that deal with packaged products, collected and recycled 265,986 to...

Half-billion Euro surplus after ten months of 2014 in trade with agricultural products

Romania's trade surplus of agricultural products registered 496.5 million Euro in the first ten months of 2014, up 314.5 million Euro compared to the same period of 2013, w...