Managers under the spotlight - Adriana Cioca, Artemis

Adriana CIOCA

Managing Director for Romania, Artemis Group

Dr. Adriana Cioca has an extensive experience working for family and non-family businesses, dealing with national and international projects. Her core competences are in strategy development, negotiations, risk diagnose, leadership, real estate.

Dr. Adriana Cioca received her MD degree at Bucharest University and MBA degree at WU Executive Academy, Vienna. She carried out her doctoral studies within Doctoral School, Management specialization at Valahia University of Targoviste, Romania. In parallel with her managerial role, she is working on research topics with the focus on decision making process within family businesses. Her sphere of interest extended to the following fields: investment and time decision process, main drivers behind innovation, family business risk in all its forms, family succession.

Dr. Adriana Cioca has 15 years of experience. Before joining Artemis Group, as a Managing Director for Romania and Corporate Manager for international real estate projects of the Group, she has fulfilled different managerial roles for Immofinanz Group and Tiriac Holding.

About the company:

The Artemis Group includes the Franke Group with Franke Home Solutions (world-leading provider of kitchen systems consisting of sinks, taps, waste systems, cooker hoods and cooking appliances for private kitchens), Franke Foodservice Systems (kitchen systems and services for quick service restaurants), and Franke Coffee Systems (full-/semi-automatic coffee machines and traditional espresso machines, including equipment).

Furthermore, the Artemis Group also develops, owns and manages an extensive real estate portfolio in Switzerland and abroad (Artemis Real Estate Group) and holds various strategic participations in international companies listed on the Swiss stock exchange and in other private companies (Artemis Asset Management Group). The Artemis Group also has a majority stake in the Feintool Group, the world leader in fine blanking technology.

The Artemis Group employs around 11,400 people worldwide and generated consolidated sales of CHF 2.8 billion in 2020.

As part of the CCE-R initiative meant to bring member managers under the spotlight, we had the opportunity to address Adriana few questions from both human and professional perspectives. Enjoy the interview down below!

What does a working day look like for you?

A working day is always different from the day before: different projects, challenges in negotiations, different project progress, searching proper solutions for the problems to solve. I am always in continuous motion, both physical and virtual.

How is Adriana Cioca outside the office?

I am definitely out of the business suits, totally in jeans and snickers, ready to create quality time for my family and me. I’m trying to recharge my batteries in different ways. I think the words: discipline, positivity and generosity caracterise me the most.

Tell us about one important project you’re working on this year.

Business wise we have a couple of ongoing projects, with a deadline by half of this year. We have a 6.500 sqm industrial large warehouse with offices and brasserie dedicated for production and storage, currently under construction. On the private side, I am still a researcher and I am working at a scientific book regarding the decision-making process in family businesses.

What was one big innovation your industry has benefited from over the last few years?

The real estate is a very dynamic and competitive sector! First, the biggest innovations are found in the construction materials that help us to construct fast and sustainable, regardless the annual seasons when we start the development. Second, it is the technology for asset management department or architectural planning, with respect of different softwares that help us operate efficiently and at the same time satisfy the customer.

What’s one great challenge the industry you’re operating in is currently facing?

We are currently facing various challenges, the most notable being the high costs of all building materials, high costs for electricity and gas consumption.

What’s your current hobby?

I have only 3 hobbies: travel, horse riding and ski.

What’s your favourite book?

Hard to say... I’ve read lots of different books... I'd rather say what I don't like: science fiction books. The last book I’ve just read is: "Principles" by Ray Dalio.

What piece of advice would you give to a newly appointed CEO / young entrepreneur?

The success requires hard work, discipline, and patience. Learn to embrace the change!