The interim Minister of Transport, Miruță, decided to revoke the director of TAROM, Bogdan Costaș, due to the failure to achieve a realistic budget. According to the minister, the company's management requested approval for a budget based on false figures, including a load factor of 79%, in contrast to the reality of 65%. Miruță emphasized that he repeatedly requested the budget to be redone, but was pressured to approve a fiction. He highlighted the serious financial problems facing TAROM, including operational losses and outstanding debts. In place of Costaș, the Board of Directors appointed Cristian Anghel as interim general director and initiated a competitive selection for a new director, according to current legislation.
Sources
Latest News
18:42
Alexandru Stoica announces the payment of 1.1 billion lei in arrears for works funded through the Anghel Saligny program
18:32
Development Minister announces tax incentives and priority funding for localities that agree to voluntary mergers
18:18
The Bucharest Tribunal has declared RADEF România Film bankrupt / The Government is preparing an appeal and a suspension of enforcement
18:15
More than 200,000 homes in Ukraine’s Dnipropetrovsk region have been left without electricity following Russian attacks that severely damaged the energy infrastructure
18:05
Huge damage of over 19 million lei discovered in the Republic of Moldova following the unauthorized extraction of sand and clay from agricultural land in Vulcănești
See more news