Board of Directors
Teo is an experienced entrepreneur with a passion for telecom and electrical engineering infrastructure sectors. He started his career with the Romanian National Grid Control Center, where he climbed the ranks to become the youngest Chief Dispatcher. In 1997, Teo founded Electrogrup, initially offering design consulting to the newly set up mobile telecom operators in Romania. At the time, the multinational mobile companies needed young local professionals with a good understanding of the telecom and energy infrastructure sector in Romania to help them design and set up their infrastructure. In a short timeframe, Electrogrup moved from designing to building GSM sites and became one of the most important builders in telecom infrastructure in Romania, taking part in some of the largest construction projects in the country.
From early on, Teo’s vision was to create competitive advantages for his companies by working on complex projects, which require technical expertise across sectors. This consistent strategy has allowed his companies to become more efficient than competitors and avoid commoditized solutions. One of the early synergetic strategies was the intersection of telecom and power infrastructure, which have many similarities: similar professional qualifications for employees, similar equipment, similar site poles etc. Over time, Electrogrup built over 10,000 Km of fiber optic routes, 700 telecom sites, 150 substations, micro-hydro power stations, solar parks as well as wind park maintenance capabilities
Electrogrup and affiliated group companies today operate in complementary sectors, such as providing utilities and engineering solutions in telecom, power and gas, with combined revenues of over € 110mn in 2017.
Teo is a well-respected entrepreneur and Board member in various for-profit and not-for- profit organizations. He believes in education as a catalyst for change and took the leadership in many education initiatives – the latest being setting up of the first MBA program in his hometown of Cluj, with the partnership of The University of Hull from the UK. In 2012, Teo was named Entrepreneur of the Year by Champions in Business.
Teo’s education comprises of executive education at Harvard Business School, an MBA degree from the London Business School and a PhD in Electrical Engineering.
Simion is the leader of the group’s civil infrastructure projects, joined his brother Teofil in 1997 and has been supporting the growth of the group in various capacities from the Electrogrup offices in Clu j. Most recently Simion has been coordinating Electrogrup’s international business projects, with activities in Poland, Russia, Germany and United Kingdom.
Marian has previously been the Chairman of Direct One. Also from August 2008 until July 2017 Marian was CEO of Direct One. He coordinates the group’s telecom activities from the Group’s offices in Bucharest. At Direct One, Marian supervised the transition of the fiber optic network owned by Electrogrup into a full-blown commercial enterprise increasing the number of contracts for lit services and dark-fiber. In addition, he supervised the launch of the first content delivery network, with online multi-screen and multi-platform capabilities on Direct One’s backbone network.
He is an experienced telecom professional with 21 years industry experience. Prior to Direct One, he was the Deputy CTO, Network Senior Director and member of the Executive Council and Strategic Review Committee of Vodafone Romania. During his 11 years with Vodafone’s local subsidiary, he was responsible for managing the company’s network infrastructure and services platforms, overseeing an annual budget of over €300m and coordinating more than 330 professionals. During this time, Marian also assisted Vodafone’s local acquisition of Connex and helped with the integration following the transaction.
Prior to Vodafone he worked for Ericsson Romania. Separately, from 2012 to 2013 he was the Chairman of the Board of Posta Romana, the state-owned postal services organization, the largest employer in the country with over 30,000 employees. Marian has a Master of Science in Telecommunications from the Technical Military Academy and an Executive MBA from Asebuss / Kennesaw University.
Daniel Farmache is one of the top acknowledged investment bankers of the younger generation.
Daniel Farmache joined Electrogrup Infrastructure | E-INFRA after previously being part of Citigroup’s investment banking division in London, where he worked on the largest IPOs and M&A mandates in Central and Eastern Europe, the Middle East and Africa. Prior to this, Daniel covered top tier local companies in the Citi Romania office, having executed multiple capital markets and lending transactions. In 2016, Daniel Farmache was an adviser to the Prime Minister’s Chancellery and Chief of Staff at the Ministry of Labour.
He holds an MBA from London Business School, with an exchange at the Massachusetts Institute of Technology, he graduated with first-class honours in finance and banking in the UK (University of Reading – ICMA Centre) and in law in Bucharest (Nicolae Titulescu University) and he also holds the CFA (Chartered Financial Analyst) certificate.
Radu Panait has an extensive experience of over 20 years in human resources, in Romania and abroad, in companies like IBM, UTI, SAB Miller and Ursus. Before joining E-INFRA as the Group HR Director, Radu held the position of Talent Acquisition Manager CEE, Russia & CIS at IBM, where he led IBM’s regional human resources and recruitment operations in 28 countries. Radu graduated the Faculty of Psychology – Neuropsychology and Cybernetics at the University of Bucharest.
After previously leading WESEE for 3 years as CEO, Teodor is now the Chief Operational Office of the Group, holding in parallel the Deputy CEO position at Electrogrup. Holding various general management, operational and commercial positions, Teodor was the Commercial Diretor of Electrogrup for 1 years prior to joining WESEE. Earlier, he worked over 10 years overseas and in Romanian Oil&Gas Industry, latest assignment being Area Manager Eastern Europe for Downhole Division of National Oilwell Varco company (NYSE:NOV). He also holds an executive MBA Degree from University of Hull, UK.
Adina Calfa is one of the most influential Legal Managers in Romania and an internationally recognized professional in The Legal 500 GC Powerlist 2017, list featuring the most renowned General Counselors in Central and Eastern Europe. With over 16 years of experience and proven ability to develop and coordinate legal activities in well-known companies such as UPC, RMCG – Gabriel Resources or CMS Cameron McKenna, Adina has a strong understanding and expertise in strategic projects, operational integration and regulatory in telecomunications, energy and natural resources.
Tony Romani is the Investor Relations Director of the Company. He is an experienced finance professional who joined the Group in 2015 as a coordinator of its M&A activities. He has extensive transaction experience having worked on complex deals in various sectors and geographies. He worked nationally and internationally for companies such as PricewaterhouseCoopers, Ernst & Young, UBS, Morgan Stanley and AMEX. Tony contributed his expertise in the Group’s acquisition of Netcity. He holds an MBA degree from Columbia Business School in New York City.
Adrian is an accomplished experienced executive, with 20 years of professional experience in telecommunications companies, in all key areas of expertise – from technical to marketing, strategy and topping with general management.
Throughout his career, he launched over 300 products and services in both B2C and B2B markets, in multi-million euro projects, and managed complex teams of over 300 people.
Adrian was the CEO of Netcity Telecom from 2011 to 2016. Previously, over a period of 10 years, he worked for several mobile operators in Romania: Vodafone, Orange, Telekom and Zapp.
Since July 2016, Adrian Florea took over the CEO position at Direct One, this being the fourth General Management position in his career.
As a continuation of his Bachelor Degree in Aerospace Engineering, Adrian is also a president of XC Romania – a gliding non-profit organization and a passionate pilot in his free time.
Adrian holds also a degree in Business Administration from ASE – Economics School in Bucharest, an Executive MBA Degree from ASEBUSS/Kennesaw State University and he lives in Bucharest with his wife and two sons.
Adrian Racasan joined Netcity in 2012 and has been the Chief Executive Officer of Netcity since 2016, after previously holding the positions of Deputy Chief Executive Officer and Chief Technology Officer. Adrian Racasan has over 15 years of experience in the IT&C industry, including over 10 years in management positions within well-known industry players such as UPC Romania or Astral Telecom. He holds an Engineering degree in Computers and Systems and an MBA degree from BBS/CNAM Paris.
Mircea took over the actual role in January 2016, after spending previously several years in SEN (Sistemul Energetic National). Licensed in electricity and holds an MBA.