Former State Secretary appointed GDF SUEZ Development Manager for SE Europe

Siclovan worked for the government in 1999-2000 and was in charge of attracting financing from abroad and of relations with major international financial institutions. She will manage the GDF SUEZ development operations in the entire region, including Romania.

The group has global cumulated turnover worth €74 million and €13.1 in operating profit. Locally, it is market leader in the natural gas distribution sector, with a 47.77 percent market share. Furthermore, it has a 15 percent share of the gas storage market, and plans to expand to energy production.

GDF SUEZ is operating in Romania through Distrigaz Sud gas supplier and distributor, which also owns a license to produce energy, Electrabel Romania electricity trader, Amgaz and Depomures gas storage operators, and several other companies.