The new CEO was appointed by a Board who was not authorized to appoint and, in addition, made a poor selection process in which other shortlisted candidates were not interviewed for this position.
Read the entire article in Romanian, here.
ArticlesClifford Chance reports its most intense year since entering the Romanian market in 2006
InterviewsROOTED IN ROMANIA, BUILT TO DELIVER TECHNOLOGY FOR THE WORLD - EVANTAGE SOFT MODEL FOR GLOBAL IMPACT
InterviewsBUILDING IGNA INSTAL INTO A LEADER IN ROMANIA’S INSTALLATIONS SECTOR
InterviewsMARKET DOWN, INVESTMENT UP
NewsIntracom Telecom Strengthens Its Management Team in Greece
NewsRENAULT FILANTE, A NEW MODEL FOR ASIA AND THE MIDDLE EAST
NewsThe new electric CLA has been named "Car of the Year 2026"
NewsFranck Bagouet is the new Managing Director of TotalEnergies Marketing Romania
NewsThe new Mercedes GLB: outstanding design meets everyday functionality
Franklin Templeton Investment Management Limited UK Bucharest Branch, as Sole Administrator and Fund Manager of SC Property Fund S.A. (The "Fund") believes that the appointment of a new CEO in Oltenia Energy Complex ("CE Oltenia") severely violate the provisions of the Government Emergency Ordinance no. 109/2011 ("GEO 109/2011") regarding corporate governance of public companies
The new CEO was appointed by a Board who was not authorized to appoint and, in addition, made a poor selection process in which other shortlisted candidates were not interviewed for this position.
Read the entire article in Romanian, here.
