US President Donald Trump’s government has asked countries to pay $1 billion for a permanent spot on his “Board of Peace” aimed at resolving conflicts, according to US media reports. The White House has asked various world leaders to sit on the board, chaired by Trump himself, including Prime Minister Shehbaz Sharif, Russian President Vladimir Putin, Hungarian Premier Viktor Orban and Canada’s Mark Carney. Member countries — represented on the board by their head of state — would be allowed to join for three years, or longer if they contributed more than $1 billion within the first year, according to Bloomberg, which first reported the sum. “Each member state shall serve a term of no more than three years from this charter’s entry into force, subject to renewal by the chairman,” stated the board’s draft charter obtained by Bloomberg and other media. “The three-year membership term shall not apply to member states that contribute more than USD $1,000,000,000 in cash funds to the Board of Peace within the first...
Fondul Proprietatea (FP.RO) on Friday notified the Bucharest Stock Exchange that the members of the Board of Nominees had selected a preferred candidate for the position of Fund’s manager replacing Franklin Templeton of two candidates found together with selection adviser Deutsche Numis.
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) has appointed Dumitru Chisalita as new Chairman of the Board of Directors, effective April 16, according to a notification sent to the Bucharest Stock Exchange (BVB).
Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur Siminel Andrei, who retired in the fall of 2024, Libra Bank said in a report to the Bucharest Stock Exchange on Wednesday.
Electricity supplier and distributor Electrica (stock symbol: EL) has announced in a stock market report that its Board of Directors appointed Mihai Diaconu to the position of Board Chairman, from February 1, 2025 until December 31, 2025.
Rompetrol Well Services (stock symbol: PTR), one of the leading wellbore special services companies in Romania, announced on Sept 30 the decision of the company's Board of Directors to appoint Pavel Romanenko as interim member of the Board of Directors and Chairman of the Board of Directors, starting October 1.
In an interview with Zarkerak.am, Chairman of the Board of Armeconombank Saribek Sukiasyan talked about his path, successful business formula and the Bank. -Would you briefly describe Saribek Sukiasyan's life? - We are four brothers in our family, and we grew up in one of Yerevan neighborhoods where the environment was quite harsh. To keep us away from trouble, our father drew us into work from childhood and so instilled in us the aspiration of creating value. Me and my brothers experienced both the difficulty and the joy of earning money when we were still 12-13 years old. At that age, the day for me started as early as at 6 in the morning, that is we would get up 3 hours before school to go to the factory for work. So there were five men in our family, and in this regard, my father's words are with me to this day: “With 10 working hands in the family, earning a living should never be a problem”. My father was a creative, fair, and highly respected person, and despite the only 5-grade education he had, peopl...
Giovanni Luca Soma, the chairman of the Board of Directors of BRD-SocGen (BRD.RO), the third largest bank in Romania, has decided to withdraw from this position and from the Board of Directors, the lender announced in a report to the Bucharest Stock Exchange.
The shareholders of the national gas transmission company Transgaz (TGN.RO) convened in ordinary general meeting on October 11 and approved, among others, the appointment of Ilinca von Derenthall as a provisional member of the Board of Administration.