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How Sibiu businessman Ioan Ciolan restructured Ambient

Autor: Cristi Moga

17.11.2010, 23:47 40

After an over one-year break, when he shunned media appearances,businessman Ioan Ciolan, who controls Ambient company of Sibiu,came up in front of the press with a new team of managers andgrowth plans for 2011.
"We've gone through a very difficult moment, when we saw themanagerial team could not face up to real events. Over the pastyear and a half we've shifted from an entrepreneurial managementstructure and we've brought experienced people onboard andattracted new partners, such as Roland Berger and ABS consultants,so that we could make decisions also counting on co-lateralexperiences," stated Ciolan.
More than 1,000 people have left the company, the retail businesswas separated from the distribution one to specialisedentrepreneurs and in 2010 managers from companies bigger thanAmbient were brought to the management team.
"Whereas at the beginning of the year performances were just adream or a promise, now we can say it has come true as ourfinancial partners have stood beside us anyway and supported us andI hope they still will," stated Liviu Voicu, the chief financialofficer. He meant the company expected revenues to go slightly up,by 1m euros, while for 2011 it projected 15% higher turnover, toaround 120m euros.

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