Giant 3M appoints first Romanian executive

Andrei Holban, 42, is the first Romanian CEO of the Romanian subsidiary of American technology giant 3M (Minnesota Mining & Manufacturing), with turnover worth over 30 million euros at the end of 2008 on the Romanian market. Holban, who has been working in the company for over 17 years, replaces Karim Sarahni, who was CEO of 3M for three years, and will now hold the same position with the company’s Turkish subsidiary. “The appointment of the new CEO at the helm of the Romanian subsidiary comes as an acknowledgment of the potential, the value and the experience he has accumulated over the years at 3M, and as a result of the maturing of the local management team,” says Flori Guzga, administration supervisor of 3M, which has 64 employees on the Romanian market.