New members in Tarom’s Board of Directors

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The shareholders of Romania’s flag carrier Tarom have appointed last June new members for the Board of Directors. Thus, Dragos Vasile Pelmus, Ion Laurentiu Voicu and Adriana Ionescu are replacing Andrei Dragos, Valentin Iordache and Radu Francis Florescu whose mandates have ceased.

Moreover, the monthly gross remuneration has increased from RON 5,259 to RON 6,111.

Sources say that all three appointments are close people of the Transport Minister Razvan Cuc.

Dragos Vasile Pelmus, 38, from Giurgiu, is the new vice-president of the Board of Directors. He is deputy general secretary within the Ministry of Transport as of April 2017.

Ion Laurenţiu Voicu, 40, is from June 2016 Manager of the Communication, Relations with Employers, Trade Unions and Non-Governmental Organizations Department within the Ministry of Transport.

Adriana Ionescu, 38, is a former journalist at Romania TV and Realitatea TV. From 2016, she is the parliamentary and personal adviser to the Minister of Internal Affairs, Carmen Dan. As of May 2017, she was appointed the personal adviser of the Minister of Transport, Razvan Cuc.

Tarom registered almost four times higher losses in the first half of this year compared to the same period last year, financial data shows. Thus, Tarom had at the end of June losses of over RON 104 million, compared to RON 28.6 million at the end of the first six months of 2016.

The company’s budget shows that 2017 would be the 10th year of loss for Tarom, as the company has not recorded any profit since 2007. Romania’s flagship carrier estimates losses of RON 41.2 million this year, down 12.3 percent year-on-year, to total revenues of RON 1.32 billion, according to the draft budget debated by the Ministry of Transport.

On end-May, Transport Minister Razvan Cuc said that Tarom will end this year without any losses.


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