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Violeta Luca is the new general manager of Microsoft Romania

Microsoft announces the appointment of Violeta Luca as general manager for operations in Romania starting in November this year. She joined Microsoft Romania for the first time in February 2015 ...

CEZ Group Romania appoints Ondrej Safar as new CEO starting August 1

CEZ Group Romania announced that Martin Zmelik will end his eight years long job in Romania at the end of this month and will be replaced by Ondrej Safar, who will become the new Country Manager...

McGuireWoods Consulting appoints Codrin Scutaru as new managing director for Romanian office

McGuireWoods Consulting announced the promotion of Codrin Scutaru to managing director of the firm's Romania office.

European Property Federation elects Liviu Tudor as new President

The European Property Federation Managing Committee elected Liviu Tudor, CEO of Genesis Property and President of the Romanian Association of Building Owners, as President of EPF.

Stefanini appoints Anca Fotache as EMEA director for Service Delivery division

Anca Fotache is the new director of the Service Delivery division for the EMEA region within IT solutions company Stefanini, replacing Andreea Stanescu, who has held this position for seven year...

Deloitte Romania promotes new directors for its management team

Deloitte Romania strengthens its management team by promoting Monica Guminski and Alexandru Aparaschivei to director roles, following their significant achievements serving clients, developing c...

Coldwer Banker Romania appoints Georgia Cailean as new CEO

Coldwell Banker Romania has appointed Georgia Cailean as new CEO. Georgia Cailean is a member of the Royal Institution of Chartered Surveyors, specializing in Corporate Real Estate, Property & F...

Groupe Renault Romania appoints Aurelia Leoveanu as new financial director

Aurelia Leoveanu is the new Administrative and Financial Director of Groupe Renault Romania. Liviu Bocsaru, who has held this position in the last six years, becomes director of Groupe Renault C...

Surprising change in Dacia leadership: Jerome Olive becomes new general manager

Starting September 2018, Jerome Olive has become the new general manager of Automobile Dacia and Groupe Renault Romania, after Antoine Doucerain resigned for personal reasons. Jerome Olive's man...

CTP appoints Richard Wilkinson as new chief financial officer

CTP announced the appointment of Richard Wilkinson as Chief Financial Officer (CFO) for the Group. He will be working closely with Remon Vos, CTP's CEO, and Andreea Odovinca, the company's CFO f...

Jakub Krenk appointed branch director of Skanska Construction Romania and Hungary

Jakub Krenk becomes branch director of Skanska Construction Romania and Hungary. The appointment of Jakub Krenk in the new position is aimed at strengthening the local construction team.

Renault Technologie Roumanie appoints Alexander Simionescu as new general manager

Alexander Simionescu is the new general manager of Renault Technologie Roumanie (RTR), starting April 2018. Pascal Candau, who has held this position for three years, will take on other missions...

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Deloitte Romania appoints Peter MacDonald as new Audit and Assurance Partner

Deloitte Romania announced that Peter MacDonald has joined the firm as Audit and Assurance Partner to lead the Financial Services Industry Audit and Assurance practice.

Catalin Radu named head of Bayer Pharmaceuticals in Romania and Moldova

Bayer Pharmaceutical's operations in Romania and the Republic of Moldova will be coordinated starting this month by Catalin Radu, who will take over the attributions of Gerhard Waltl.

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President Iohannis urges Romanians to be more united, stay involved in modernizing Romania

Romania's President Klaus Iohannis urged Romanians in France to be more united and stay involved as much as they are now in helping modernise Romania.

OTP Bank Romania signs investment funds distribution deal with Eurobank Fund Management Luxembourg

OTP Bank Romania signed a partnership with Eurobank Fund Management Company (Luxembourg) for the distribution of investment funds in Romania. Thus, from December 1st, OTP Bank Romania becomes th...

ArcelorMittal receives binding offer for European assets from Liberty

British-owned Liberty announced a conditional agreement to buy four European steel plants, employing more than 12,500 people.

The Romanian labour market needs a well-thought approach, says FIC

The Foreign Investors Council (FIC) has signaled in the past 2-3 years that its members are anticipating increasing strains on the Romanian labour market because starting with 2015-2016 their me...

Fondul Proprietatea expresses disappointment over Engie listing rejection

Fondul Proprietatea is disappointed with the decision taken by the majority shareholder of Engie SA, Romania Gas Holding B.V., to oppose the listing of the company, according to a press release....

EBRD cuts economic growth forecast for Romania

Romania's economy will grow by 4.2 per cent this year and by 3.6 per cent in 2019, according to the most recent forecast released by the European Bank for Reconstruction and Development (EBRD)....

Two billion youth risk of being left behind in the Fourth Industrial Revolution workforce, says Deloitte

Almost two billion youth worldwide risk of being left behind in the Fourth Industrial Revolution (Industry 4.0) workforce, which is changing at an increasingly rapid pace as a result of the emer...

Tinmar Energy to reach 80 million RON profit in 2019, invest in household business

Tinmar Energy estimates a profit of 80 million RON for 2019, after a 73 million RON result for this year, according to Augustin Oancea, CEO of the company. He claims the turnover for 2018 will b...

MOL Group posts 835 million USD profit for the first nine months of 2018

MOL Group announced its financial results for the third quarter of 2018. With a net profit of 323 million USD in Q3, the company reached a profit of 835 million USD for the first nine months of ...

Black Sea Oil & Gas and Transgaz sign 15-year contract for the MGD Project gas production transmission into the NTS

Transgaz and Black Sea Oil & Gas signed the gas transmission contract for the transport of the Midia Gas Development Project (MGD Project) production into the National Transmission System (NTS)....

Corina Popescu is the new CEO of Electrica

The Board of Directors of Electrica, one of the most valuable companies where the state is the main stakeholder, has agreed to end the collaboration with its CEO Dan Catalin Stancu starting Nove...

Romgaz posts a net profit of 1.02 billion RON in the first nine months of 2018

Romania's natural gas company Romgaz posted a net profit of 1.02 billion RON in the first nine months of 2018, a decrease of 14 per cent compared to the year-ago period. Total revenue stood at 3...

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Editorial
Changing the game - Reinvention

Reinvention is all about letting go of everything but your very best and finding even better ways of using it. The true essence of sustainability is reinvention.

Daily Info
Building for the future, now
The decision to buy a house is one we probably make once or twice in our lifetime. Therefor we want this decision to be the right one. A house should last the passing of time, fostering beautiful memories not o...

certSIGN leases 2,300 sqm in AFI Tech Park 1 office building
The Romanian IT company certSIGN has leased 2,300 sqm in AFI Tech Park 1 office building, which now reached a 60 per cent occupancy rate.

Tinmar Energy to reach 80 million RON profit in 2019, invest in household business
Tinmar Energy estimates a profit of 80 million RON for 2019, after a 73 million RON result for this year, according to Augustin Oancea, CEO of the company. He claims the turnover for 2018 will be around 1.8 bil...

Colt Technology Services to expand IQ network in Central and Eastern Europe
Colt Technology Services has today announced the expansion of its IQ Network in Central and Eastern Europe. Colt is investing in the region as a response to its rapid economic growth, providing the high bandwid...

FAN Courier consolidates its leading position on the Romanian courier market, accelerates investment
FAN Courier is consolidating its leadership position on the local courier market for the 12th consecutive year, amid doubling of investments and market growth.