In a strategic move to enhance operational performance and production capabilities, LIBERTY Galati, Romania’s largest steel producer, has announced major changes to its executive leadership team. This includes the appointment of a new Board Member, an interim General Manager, and the launch of a recruitment process for a permanent General Manager. Leadership Changes at LIBERTY Galati Radu Ionescu steps down as General Manager of LIBERTY Galati and Tubular but will remain as a trusted adviser and business partner. Ajay Aggarwal, Chairman of the Board, returns as interim General Manager. With over 35 years of international experience in finance, trading, and M&A, Aggarwal previously led the company to record-breaking performance in 2021 with 2.35 million tonnes of production and RON 9.37 billion in turnover. He will guide the team in reinforcing LIBERTY Galati’s strategic role in Romania’s economy. New Board Appointment Oana Petrescu joins the Board as a key member instrumental in formulating the company’s restructuring plan. With three decades of experience in financial and business turnaround, including leadership roles at Arthur Andersen, Ernst & Young, Deloitte, and BCR, she is currently Restructuring Partner at EuroInsol. Strengthening the Romanian Leadership Team Cornel Moisescu is promoted to Head of Production, overseeing upstream and downstream operations, including all rolling mills and coating lines. Aida Nechifor is appointed Head of Finance. With over 20 years at Galati, she previously held key leadership roles including CFO and General Manager. She currently serves as President of UniRomSider. The company has initiated an executive search process, in collaboration with a global recruitment firm, to identify a permanent General Manager and strengthen leadership in critical areas.
The first self-service mobile phone repair shop in Romania opened in the city of Iasi, aimed at promoting sustainability and the right of users to maintain their own devices in safe and efficient conditions. The initiative aims to promote the right to repair, following European Directive 2024/1799, to support the tech community and DIY repair […]
Ukrainian refugees living in Cluj County, central Romania, have restored a playground in the suburb of Florești as a sign of gratitude for the support offered by Romanians after the start of the war in Ukraine. According to representatives of the Association of Ukrainian Youth in Romania (or ATUR), this project was entirely funded and […]
The Brașov Jazz & Blues Festival returns for its 13th edition from August 14 to 17, transforming the city into a multi-stage celebration of jazz, blues, gospel, and live improvisation. This year's edition will take place in seven locations across Brașov and nearby areas, featuring live music, film screenings, jam sessions, and family-friendly activities. The […]
Affinity Life Care, the largest private network of residential centers for the elderly in Romania, announced the attraction of a growth equity investment from BlackPeak Capital, a private equity fund active in Southeastern Europe. At the moment, Affinity operates three centers in the most important areas of the Romanian capital, with a capacity of over […]
Tensions have emerged within Romania's ruling coalition following disagreements over the state funerals of former president Ion Iliescu. The Social Democratic Party (PSD) announced on Wednesday, August 6, that it would suspend participation in coalition meetings, citing what it described as "public incitement to hatred" from the Save Romania Union (USR). The dispute centers on […]
When you’re craving something out of the ordinary, Boromir’s collection of Slowly Leavened Croissants with Natural Sourdough is here to transform your snacking experience. We’ve turned your search for a unique, memorable flavor into a delightful range of croissants where every bite is a surprise. With their irresistible combination of textures and flavors, Boromir Croissants […]
