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JLL appoints Silviana Petre Badea to lead Romania business

JLL has appointed Silviana Petre Badea as managing director of its Romanian business, based in Bucharest, with effect from 1 March 2017.

Manuela Ciugudean-Toma is the new marketing and communication leader for PwC in South-Eastern Europe

Manuela Ciugudean-Toma joined PwC and will coordinate the marketing teams in 11 countries in South-Eastern Europe. She will be responsible for developing an integrated PwC marketing and communic...

Albalact appoints Giampaolo Manzonetto as new general director

Giampaolo Manzonetto has been appointed as the new general director of Albalact Romania, company which is controlled by Lactalis Group. Manzonetto is the general director of Lactalis Romania and...

Immofinanz appoints Gerard Gruell to lead the retail portfolio in Europe

Gerald Gruell has been appointed head of asset management retail Europe at Immofinanz, a press release shows. In this position, he will be responsible for Immofinanz's retail portfolio in Europe...

Action Global Communications appoints Chris Christodoulou as new CEO

Action Global Communications has announced the launch of the agency's new corporate identity, now being led by its new CEO, Chris Christodoulou, who has taken over from the group's founder Tony ...

ALD Automotive Romania appoints Daniela Davidescu as operations director

Daniela Davidescu, former director of the Contact Center within BRD, the Romanian subsidiary of Societe Generale group, was appointed Operations director at ALD Automotive Romania, starting Janu...

Praktiker Romania appoints new general manager

Miroslaw Huczek has been appointed new general manager of Praktiker Romania, starting March 2017, a press release shows.

Dan Catalin Stancu

Electrica’s board of directors appointed Catalin Stancu in the position of general manager of the company, effective October 24 this year. Stancu has over 26-year experience in the field of en...

Ionut Farcas

Schneider Electric has appointed Ionut Farcas as regional director for Bulgaria, Macedonia, Albania and Kosovo. Farcas has been a part of Schneider Electric Romania since 2014. Prior to that, he...

Tuca Zbarcea & Asociatii adds four partners to its ranks

Romanian independent outfit Tuca Zbarcea & Asociatii has made up four partners and seven senior associates in its annual round of promotions, according to a press release. The appointments are e...

Virgil Soncutean

As of September, Virgil Soncutean replaces Remi Vrignaud at the helm of Allianz-Tiriac Asigurari, the company announced. Virgil Soncutean holds over 15 years of experience within Allianz group, ...

Francesco Faella

Tetra Pak appointed Francesco Faella as the new CEO for Southeast Europe. With his 20 years of experience, Francesco held many management positions in Tetra Pak, the last of which includes the c...

P3 appoints Emilia Bocan as senior leasing and development manager for Romania

P3, one of the biggest owners, developers and administrators of logistics assets across Europe, appointed Emilia Bocan as senior leasing and development manager for Romania, according to a press...

Ruxandra Draghia-Akli

The European Commission has appointed Ruxandra Draghia-Akli deputy director-general to its department for Research and Innovation (DG RTD), as of 1 September 2016, according to official release....

More on News
Iohannis: I explained to EU leaders multi-speed Europe is not a good solution, could end in split-up

President Klaus Iohannis, speaking after the European Council's meeting, said that he explained to EU leaders that a multi-speed Europe is not a good solution and that in extremis it might end i...

BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas

The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of 2017, and the gas pipeline will become operational in 2020, when ExxonMobil and OMV Petrom will c...

Ninety-seven per cent of household waste ends up in landfills, says ARBIO

As much as 97 per cent of Romania's household waste ends up in landfills, and Romania could be fined starting in 2020 about 500,000 Euro per day if it fails to bring the numbers to below 50 per ...

Net investment in national economy, down 3.3 per cent in 2016

Net investment carried out last year in Romania's national economy stood at 70.281 billion RON (15.6 billion Euro, declining 3.3 per cent from 2015, according to data released by the National In...

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which represents 77 per cent of ...

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due to several factors, a...

PM Grindeanu in Brussels: Policies on cohesion funds, common agricultural policies important to Romania

The policies regarding the cohesion funds and the common agricultural policies are important to Romania, Prime Minister Sorin Grindeanu said in Brussels, in talks with several European leaders, ...

PM Grindeanu: We must back European project strengthening, not multi-speed Europe

Romania's consistent stance - whether expressed by the country's Presidency, government or Parliament - on the future of the EU in the Brexit context is to support the strengthening of the Europ...

Eurostat: Romania registers lowest pay gap between men and women in management positions

In each European Union member state, male managers in 2014 were paid more than women in management positions, but the lowest pay gap was registered in Romania, as data of the European Statistics...

EU funds worth 90 million Euro to develop Romanian spa sector

The spas of Romania must be promoted as destinations of major interest for the citizens of all European countries, and the 90 million Euro allocation from the European Union for 2014 - 2020 coul...

Mol Group reached almost one billion USD profit in 2016

Mol Group announced its financial results for 2016 and the company delivered a clean CCS EBITDA of 2.15 billion USD, which is only moderately down compared with the previous year, a press releas...

ACUE pleads for gradual deregulation of natural gas purchase prices for population and CETs

The Federation of Associations of Energy Utility Companies (ACUE) fully supports the liberalization of the gas market in Romania only with the necessary elements to ensure it functions transpare...

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Editorial

Daily Info
Ratio between pensioners and employees could double by 2032 as compared to 2014, pension fund manager says
The ratio between pensioners and employees could double by 2032 as compared to 2014, which will cause problems in covering the necessary pension payments by the employees for those who enter the public pension ...

Damages to electricity networks caused by severe weather conditions do not increase the distribution tariffs, says ACUE
Lately, Romania confronted with extreme, unpredictable meteorological phenomena that have caused major damages, in large areas, to electricity distribution networks.

Orbis turnover increased to 62 million Euro in Q1
The Orbis Hotel Group turnover increased by 4.4 million Euro in Q1 2017 up to 62 million Euro, a press release shows. Group's EBITDA in the first quarter totalled 8.9 million Euro, representing year-on-year i...

Deloitte Romania appoints Alexandru Reff as new country managing partner
Alexandru Reff has been appointed country managing partner Deloitte Romania and Moldova, effective June 1, 2017. He will succeed Ahmed Hassan, who takes on a regional leadership position.

Cushman & Wakefield Echinox expands its retail department with new appointment
Cushman & Wakefield Echinox consolidates its retail team by recruiting Dana Radoveneanu, a specialist with six years of experience of the local retail market, a press release shows.