George Dinu takes over as Chief Financial Officer of GRAMPET Group – Grup Feroviar Român
Bucharest, July 25, 2019 – GRAMPET Group – Grup Feroviar Român consolidates its financial team by recruiting George Dinu as Chief Financial Officer (CFO) with responsibilities at group level, currently spanning 10 European countries.
“I am glad to bring on board a professional with George’s experience, considering the complexity and financial rigor that a multinational company like GRAMPET requires,” says Gruia Stoica, President of the GRAMPET Group. “George has more than 20 years of experience, of which half with Big4 consulting companies. I trust that he takes over a well-prepared and talented team that he will help grow, while abiding by the same corporate governance standards and best practices that all our departments align to, in all the countries we are active in. ”
Throughout his career, George Dinu has assumed management roles at top multinational companies in the accounting, controlling, financial management, or financial consulting departments. He has worked on projects in Production, Retail, Distribution, Energy, Oil and Gas, Tire production, Real Estate and Pharmaceutical industries.
Over the past four years, he has been the CFO of a group with activities in the Energy industry, being responsible for the coordination of M&A projects, spin offs, treasury optimization, optimization of financial accounting and controlling activities, internal controls, budgeting and planning of financial resources, and profitability analysis.
He is an ACCA and CECCAR member.
“I am honored to be part of a management team that has proven over the years that developing a Romanian business at regional and international level may not only be possible but can also be a real success. I thus join this team with the confidence that I can bring an important contribution to achieving the current and future objectives of the GRAMPET Group,” says George Dinu.
As CFO, he will coordinate financial, accounting, tax, risk control, and planning and control activities within the group. His team includes around 80 financial and accounting specialists, auditors, risk management and internal control experts.
About GRAMPET Group
Established almost 20 years ago, GRAMPET is today the largest private rail freight and logistics operator in Romania and Southeast Europe. Its 16-company structure is strategically designed to span the entire chain of rail transport solutions and products, thus offering clients an integrated experience at the highest level of competence: freight railway transport, building, repairs and upgrading of rolling stock, spare parts production, lease of rolling stock, freight transshipment, logistic services, as well as innovative IT solutions for railway operators.
With a declared objective to connect the Atlantic Ocean through the North Sea, to the Pacific, through the South China Sea, GRAMPET Group is one of the main drivers for the development of transport corridors that connect Europe to Asia.
Its flagship company Grup Feroviar Român (GFR) is one of the main rail freight operators in Romania and Southeast Europe. Currently, over 20% of traffic is international, with GFR offering complex logistic solutions to rail sector customers.
GFR is a member of all representative international organizations and has cooperation agreements with both state railway operators (BDZ Cargo, UZ, CFM, PKP Cargo, ZK, RCH, HZ Cargo, ZBIH) and private railway operators from Bulgaria, Hungary, Slovakia, the Czech Republic, Poland, Austria, and Germany.
The Group’s companies Reva Simeria, Electroputere VFU Pascani, Reloc Craiova, and Electroputere VFU Craiova account for an important share of the Romanian rolling stock repairing market
In parallel, the group has an intense research and development activity, aimed at developing technical solutions that provide clients with a transparent and real-time experience. In 2017, GFR launched the E-CLIENT GFR portal, a first for Romania and Southeast Europe, which facilitates the management of the traditional carrier – customer-company relationship, from posting of orders to service invoicing, while going through essential stages such as ordering empty wagons, drafting transport contracts, providing unhindered access to process information, intelligent alert systems for decision-makers, and automated reporting.