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Romania s Safetech Innovations to set up branch in UK

Romania s MedLife buys majority stake in local peer Medica Sibiu

Romania s MedLife buys majority stake in local peer Medica Sibiu MedLife BUCHAREST (Romania), April 8 (SeeNews) - Romanian privately-owned medical services group MedLife [BSE:M] said that it has completed the acquisition of a 60% stake in Medica Sibiu. Through this acquisition, MedLife is consolidating its largest network of private medical units with national coverage, it said in a statement filed with the Bucharest Stock Exchange on Wednesday. Medica Sibiu has been operating on the private medical services market since 2001. It comprises an outpatient unit, a medical analysis laboratory and an occupational health centre. With the newest acquisition, MedLife Group reaches a portfolio of 31 acquired companies.

Romanian natgas producer Romgaz extends CEO s mandate

Romanian natgas producer Romgaz extends CEO s mandate Author: Romgaz. License: All rights reserved. BUCHAREST (Romania), April 8 (SeeNews) - Romanian natural gas producer Romgaz [BSE:SNG] said that its board of directors decided to extend the mandate of CEO Aristotel Marius Jude by four months starting April 13. Jude was appointed as CEO on February 12, with a two-month temporary mandate, Romgaz said in a statement filed with the Bucharest Stock Exchange on Wednesday. Romgaz board of directors also decided to appoint Razvan Popescu as chief financial officer (CFO) for a four-month period, starting April 14. Shares in blue-chip company Romgaz traded 0.60% higher at 33.5 lei ($8.1/ 6.8 euro) by 0940 CET on Thursday on the BVB.

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