Terapia general manager steps down

Dorin Toderas (photo) will step down from his general manager position at drugmaker Terapia Cluj Napoca as of February 1, 2004 and will seek to develop other business opportunities outside the company, Terapia’s Board announced yesterday. Terapia was taken over two months ago by the US investment fund Advent International, which said it would not change the management team, but consolidate it instead. The resignation of Toderas, deemed as one of the best young Romanian managers, may be viewed as a surprise. Dorin Toderas became general manager at Terapia in 2000 and, for the last three years, he has led the team that restructured the company and gave it an occidental look. ZF