Mihai Ghyka has been appointed as the new CEO of Interbrew Romania.

He will take up the post at Interbrew Romania - the local unit of Belgian brewer InBev - from 1 January.

Former Interbrew Romania CEO Mihai Albu has been appointed president of the InBev's regional unit which includes Hungary, Croatia and the Czech Republic.

At the end of September, Interbrew Romania was the third largest beer producer in Romania with a market share of 21.4%.

Last month, the company reported a 7% year-on-year increase in sales for the first nine months of 2005.