Liviu Popescu

Ramona Saseanu, Liviu Popescu, appointed interim national media general directors

At a joint meeting on Thursday, the standing bureaus of the Senate and the Chamber of Deputies appointed Ramona Saseanu as interim head of Romania's National Television Broadcasting Corporation (SRTv) and Liviu Popescu as interim head of the Romanian National Radio Broadcasting Corporation (SRR) for 60 days each.

Austrians Buy Majority Stake in Romanian Lender

UniCredit Bank Austria, the market leader in Central and Eastern Europe, on Thursday announced it had bought a 45-per-cent stake in the Romanian lender UniCredit Tiriac Bank from Tiriac Holdings Ltd.

Following the transaction, which has to be completed before the end of this month, UniCredit Bank Austria will hold 95.6 per cent of the shares.