Daniel Nicolescu leaves PayU Romania

Newsroom 30/04/2015 | 19:43

Starting April 30, Daniel Nicolescu, 39, who has so far worked as general manager of PayU Romania, will be leaving the company, according to an official press release.

Nicolescu is one of the founders of Gecad ePayment, a company that later rebranded as PayU.
PayU is part of PayU Group, with online payment operations for over 18,000 clients in Africa, South America, Central and Eastern Europe and Asia. PayU Group is owned by Naspers.

Nicolescu led PayU Romania over the past five years and positioned the company as one of the top online payment providers in Romania, which has formed strategic partnerships with the most important banks on the market.

Nicolescu has 17 years of experience in IT, being specialized in e-commerce, online payments and software distribution.

Starting May 1, 2015, Marius Costin, sales director of PayU Romania, will take over Nicolescu’s responsibilities and will lead the sales and business development operations of the company.

The new PayU strategy is to centralize all company operations in order to create a global organizational structure. The management team of PayU Romania will continue the operational and commercial activity as established in order to reach the set targets.
Otilia Haraga

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue