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UPDATE Tarom Director Eugen Davidoiu resigns

Eugen Davidoiu, General Manager of Tarom, has resigned Monday morning, tvr.ro informs. This very morning the government control body has started checks at Tarom and at the National Investment Company. According to sources, PM Mihai Tudose has discussed again, Monday morning, the Tarom financial situation with Transport Minister Razvan Cuc.

The resignation comes one day after Eugen Davidoiu rejected the idea of resigning from the company’s management, digi24.ro informs.

Asked if his resignation was requested, the Tarom official replied: “I have no reason to resign. Why should I resign, that I brought two new aircraft? That we started restructuring the company? I’ve probably bothered some interest groups, but that’s it.”

Davidoiu also said that at the current pace, Tarom could not continue for even a year.

His reaction comes after the Transport Minister Razvan Cuc was rebuked by Prime Minister Mihai Tudose during the Government Friday meeting, regarding the losses of RON 104 million recorded by Romania’s flag carrier in the first six months of this year, almost four times higher than in the same period of the year last.

Some foreign companies want Tarom to disappear, as assets are tempting, the national company has no lawyers, the audit sued the company and we are “on a battlefield with no weapons, and with the sun in the eye”, Davidoiu also stated on Sunday.

Moreover, he said he is open to any control. Government sources quoted by Agerpres said Mihai Tudose has ordered that the Prime Minister’s Control Body Monday to carry out checks at Tarom and the National Investment Company.

In turn, Prime Minister Mihai Tudose declared on Monday that he had not convinced Davidoiu to resigned, he did not speak with him. He also pointed out that there is no need for the Minister of Transport to resign too.

On the other hand, Senate President Calin Popescu Tariceanu said that a professional management with experience in aviation should be set up in Tarom because in recent years there is an explosion of air transport with companies that thrive, “only our Tarom is going down.”

Moreover, PSD leader Liviu Dragnea said he is not interested in who will lead Tarom. He says he is interested in making this company “strong, stable and profitable”, following the government program.

One of the names rumored to takeover Tarom’s helm is Camelia Enache, manager of Tarom operations in Turkey, antena3.ro informs. The other one is Serban Georgescu, Tarom representative in Rome.

UPDATE 2: Tarom Technical Union does not agree with Davidoiu’s resignation, arguing that the losses of more than RON 100 million were not generated by him, but by the people who have run the company since 2013, Aurel Curdov, the president of the union said.

He also stressed that there were several pressures on the Tarom director. “It’s probably a huge psychological pressure on him. There are pressure from all sides and the interests in Tarom are very high,” Curdov said.

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