Electrica CEO mandate extended

Business Forum
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.

Alexandru-Aurelian Chiriță, who has served as CEO since May 2022, will start a new term on 1 January 2027. His current mandate is set to expire on 31 December 2026, with the new appointment lasting until 1 January 2031.

Additionally, the Board extended the mandate of Ioana Andreea Lambru as Chief Business Development Officer. Her new four-year term will commence on 16 March 2027 and run until 16 March 2031.

For the financial department, Costin-Ionuț Iordache was appointed as interim CFO from 1 April 2026 until the end of the year.

RECOMMENDED
Simtel Team appoints new CEO
Energy

Simtel Team appoints new CEO

Romanian energy company Simtel Team has appointed Petre Stoian as CEO to consolidate its management structure as the group expands its operations.

Meta Estate Trust names new CEO
Real estate

Meta Estate Trust names new CEO

Romanian property holding Meta Estate Trust has appointed Dan Petrișor as its new CEO, effective January 2026, following a Board of Directors decision from October 31st.

RECOMMENDED FROM THE HOME PAGE
Finance

IFC to acquire 10% stake in Romanian pension firm Carpathia

The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.

Industry

Electric cars registrations in Romania up to 26% during April 2026

New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).

Economy

Romania's trade deficit drops 9.3% in Q1

Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).

READ MORE
Business Forum  |  11 May, 2026 at 6:00 PM
Business Forum  |  11 May, 2026 at 5:30 PM