New head at Schneider Electric Romania

Ziarul Financiar 04.09.2006
Schneider Electric Romania, the local branch of the French group specialised in supplying energy services and equipment, will have a new general manager as of the beginning of this week, British-born Dave Nicholl, who will replace Jacques Francescato. Nicholls comes to Romania after having previously worked for the Schneider Electric branch in the UK as solutions and systems manager. Jacques Francescato had managed the local branch of the French for five years and has now taken charge of a division that handles energy efficiency in Grenoble, France. "This is quite common for our company. The change had to do with the current manager ending his term in office; this relocation has nothing to do with his performance," stated company officials. Las t year, Schneider brought another expat on board, namely French-born Antoine Baveux in the position of marketing manager. For this year, Schneider Electric Romania has budgeted an approximately 25-30% turnover growth against last year. Last year, the company posted a net profit worth 3.23 million euros, with business worth 38.2 million euros.