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UPDATE 1 - Bucharest Airports company names interim general manager

UPDATE 1 - Bucharest Airports company names interim general manager Romania

BUCHAREST (Romania), October 4 (SeeNews) - The Bucharest Airports National Company, CNAB, named an interim general manager on Thursday following the resignation of Dan-Dumitru Baciu.

The board of directors of CNAB appointed Traian Panait as an interim general manager with a four-month term of office, the company said in a press release.

Panait, 64, is a graduate of the faculty of transport of the Polytechnic Institute in Bucharest. Between 2002 and 2004, Panait was state secretary for transport at the ministry of public works, transport and housing.

Earlier on Thursday, CNAB announced that its general manager Dan-Dumitru Baciu has resigned.

"Resignation is a common thing when there is a gap between expectations and what can be delivered. I thank [transport] minister Lucian Sova for the elegant and efficient way in which he has been involved in supporting the important projects of Bucharest Airports," Dan-Dumitru Baciu said in the press release.

Baciu was appointed in February for a four-year term of office.

He replaced Dan Mindrescu, who resigned after a government inspection body published a report which pointed to several irregularities in the company over the past few years such as lack of investments and unlawful remunerations.

CNAB operates Bucharest's main airport Henri Coanda and a smaller airport, Aurel Vlaicu.

Combined passenger traffic at the two international airports rose 7.08% year-on-year to 6.343 million people in the first half of 2018.

The company's operating profit rose 19.1% year-on-year to 296.3 million lei ($74 million/64 million euro) in the first half, as turnover increased by 10% to 425.31 million lei.

(1 euro=4.6684 lei)