35 employees of SIVECO Romania become company shareholders | SIVECO Romania

35 employees of SIVECO Romania become company shareholders

Wednesday, April 27, 2016

SIVECO Romania announces that 35 employees have become shareholders of the company, as a result of completing Mrs. Socol’s action of withdrawal from the SIVECO ownership and of distribution of her shares, free of charge, towards several persons from the company’s management team.

We speak of persons who are leading, from the administrative or technical point of view, the organization’s departments, most of them being members of SIVECO team for more than 10 years.

The initiative, singular in the Romanian business environment, represents a natural recognition of their contribution during the over 24 years of company activity.

The change in the ownership structure confirms, at the same time, the direct involvement of the company’s specialists, not just at the operational level, but also in the process of strategic decision making.

This step marks the completion of Mrs. Irina Socol undertaking, both as regards the company management, as well as the company ownership.

I greet the opportunity of the over 35 colleagues joining me also in their quality of co-owners of the company, not just as heads of their departments. I consider this undertaking represents the most authentic way of recognizing and encouraging their performance and a proof of organizational maturity, too”, declares Florin Ilia, President and CEO of SIVECO Romania