CorD Magazine No.143

Page 41

DIALOGUE II

ROMANIA

“Instead of sending protest notes to Croatia, the Serbian authorities should inform their public of strong criticisms by the Hague war crimes tribunal about war criminals continuing to be glorified in Serbia.” — MIRO KOVAČ, Croatian Minister of Foreign and European Affairs

IKEA Group Buys Another 12,800 Hectares of Forests

IVICA SMOLIĆ

New CEO of Victoria Group The Supervisory Board of Victoria Group has appointed Ivica Smolić as the new CEO of the company. During more than 20 years of professional experience on the Serbian banking market, Smolić spent 11 years as chairman of the Executive Board of Komercijalna Banka and was director general of Serbian regional banks in the period from 2001 to 2004, while he built his career at Investbanka, Somborska Banka and Vojvođanska Banka. Having amassed many years of cooperation with international financial institutions, such as the EBRD, IFC and others, Smolić has extensive experience in strategic management, corporate governance and risk management in business. He achieved exceptional business results in management and restructuring processes during the transition period.

GABRIELA DITETOVA

New General Manager Of Radisson Blu Old Mill Hotel In Belgrade

Swedish IKEA Group has taken over 12,800 hectares of forests in Iasi and Neamt counties through IRI Investments, the subsidiary that controls its portfolio of forests in the country. The company did not mention who was the seller. Following the latest acquisition, IKEA controls 46,700 hectares of forests in Romania. IRI Forest Management said that it had finished its first afforestation campaign in February, planting over a milion seedlings in 10 counties across Romania. The company added that it had started the forest exploitation with contractors that met its standards.

Gabriela Ditetova, born in the Czech Republic, replaces Thomas Swiec as the head of the Radisson Blu Old Mill Hotel in Belgrade. With more than 20 years of experience in the hotel industry, Gabriela brings to this position a wealth of experience in sales and marketing, management and operational management. Prior to her arrival in Belgrade, she built her career in a number of management positions in hotels in Slovakia, Romania, Hungary, Bulgaria and Czech Republic. She arrives in Belgrade from the senior management position at the hotel Park Inn by Radisson Nevsky in St. Petersburg, Russia. Ditetova will be responsible for the operation of the hotel with a focus on the growth, development and future of the company in Belgrade.

IVAN RAKIĆ

Manager Partner of company EY for Serbia, Montenegro and Bosnia-Herzegovina Company EY (formerly Ernst & Young), has appointed Ivan Rakić as the new managing partner of the company on the territory of Serbia, Bosnia-Herzegovina and Montenegro. He will replace Stephen Fish, who will continue his career within the company as one of the partners. Rakić graduated from the University of Belgrade’s law faculty and has gained his entire professional experience developing the department of tax consulting at company EY. With his 15 years of experience, Ivan Rakić brings to his new position a wealth of experience in management and operational management of the tax department of EY. Rakić will be based in Belgrade in his new position and will lead the operations of audit and consulting company EY on the territory of Serbia, Bosnia-Herzegovina and Montenegro.

BULGARIA

Kresna – Sandanski Stretch of Struma Motorway to Begin in September

Construction of the Kresna-Sandanski stretch of Bulgaria’s Struma Motorway, that will run to the Greek border, is to begin in September 2016, The stretch will be 24km long and is officially designated as Lot 3.3 of the Struma Motorway, which when completed will be 156km long. The contract to build the Kresna-Sandanski stretch was signed in September 2015 and is worth close to €144 million. The process of selecting a contractor for the Zhelenitsa tunnel has begun. This would be the longest tunnel in Bulgaria, of 2200m and there would be two large viaducts of 700m at each end. Seventeen companies are bidding for the business. SEPTEMBER

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