Industry | 19 March, 2025 at 8:55 PM
Pepco Romania names new Head of Operations
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
Pepco Romania retailer has announced the appointment of Raul Ciungu Iordate as the new Head of Operations.
180,000 kilometers were covered by employees, which translated into a total of €30,000 donated by the company to NGOs in five countries, including "Ana si Copiii" Association in Romania.
About 62% of the customers visit the store at least 2–3 times a month, the highest percentage of all countries where Pepco is present.
In 2023, Pepco has employed more than 30,000 women in its European retail chains, with women accounting for up to 93% of the retailer's workforce in Europe.
Raiffeisen Bank has reached an agreement to acquire 100% of the shares in Garanti BBVA Group Romania, including Garanti Bank and leasing unit Motoractive IFN, from subsidiaries of Banco Bilbao Vizcaya Argentaria.
Electrica's Board of Directors has approved new four-year mandates for its top executive leadership following a meeting on 27 March.
Japan Credit Rating Agency (JCR) announced on Friday the reconfirmation of Romania's country rating at BBB (foreign currency) and BBB+ (local currency) and improved the outlook from negative to stable.
State-owned power producer Hidroelectrica achieved total investments of RON 781 million (€157 million) in 2025, up 32% compared to 2024, representing the company's best investment volume in years.
Romania's consolidated general budget recorded a deficit of RON 14.23 billion (€2.86 billion) - 0.70% of GDP, in the first two months of 2026, half the RON 30.24 billion deficit (€2.86 billion) - 1.58% of GDP from the same period in 2025.