about us | newsletter | contact | archive | members area
Radu Gratian Ghetea, CEC Bank
In partnership with APIA, CEC Bank has reached the 26th programme for the financing of w»
  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  |  1274 Views
Daily Info
Real estate transactions in Romania exceeded EUR 300 million in Q1

The value of real estate transactions in Romania was estimated at more than EUR 300 million in Q1 of 2014, a significant increase compared to the same interval in 2013, accord...

Epstein Architecture&Engineering has been awarded with The Architectural Firm of the Year prize

Epstein Architecture&Engineering has been awarded for the consecutive year the Architectural Firm of the Year, accolade by EuropaProperty, as part of their annual SEE Awards G...

Romania attracts EUR 1.25 bln from foreign markets via 10-year euro bonds issue

Romania attracted EUR 1.25 billion euros from the foreign markets on Tuesday via a 10-year eurobond issue with roughly 3.75 percent interest per annum, financial sector source...

Posta Romana to get privatization offers between June-August 2014

The process of privatization of the national operator in the field of postal services in Romania Posta Romania will be resumed immediately after the agreement from the Europe...

Automotive industry grows by 19 percent in Q1 of 2014

New car registrations in Romania grew by 19 percent in the first quarter to 13,300 units compared to the similar period of 2013, when 9,679 units were registered, as a result ...

 
 
   
advertising

advertising

advertising

advertising

advertising

advertising

advertising

More on News
New political alliance is born

The Romanian Farmers Movement (MAR) and Romanian Democratic Union (UDR) have joined together under the banner of the National Alliance of Farmers (ANA) and decided to run i...

FDI rises by 8 percent in January y-o-y to 244 million Euro

Foreign direct investment (FDI) totaled 244 million Euro in the first month of the year, up 8 percent compared to January 2013, after reaching a four-year peak last year, n...

ANRE president: domestic gas prices to rise on April 1

ANRE president Nicolae Havrilet announced in late March that from April 1 there will be a 2 percent increase in the price of natural gas for households and a 5 percent rise...

EBRD funds 5 million Euro investment in factory near Ploiesti

The Spanish manufacturer of hydraulic components, Grupo Industrial Roquet, received 5 million Euro from the European Bank for Reconstruction and Development (EBRD) in mid-F...

New EUR 1.5 billion underground mainline planned

The Bragadiru-Voluntari underground mainline 7 is projected to cost EUR 1.5 billion and could take six years to complete, exMinister of Transport Ramona Manescu told a Fren...

Joseph Kim

Samsung has appointed Joseph (Jeongwoo) Kim CEO of Samsung Electronics Romania. From his new position, Kim will coordinate Samsung’s operations in Romania and Bulgaria. H...

MMSC launches three programs funded by EEA Grants, worth 30 million Euro

Three programs funded by EEA Grants worth 30 million Euro to protect biodiversity, reduce hazardous substances and adapt to climate change were launched in mid-March by the...