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TriGránit appoints new president

Nathaniel Rothschild has been appointed chairman of the board of Hungary-based construction and property developer company TriGránit Rt, and former TriGránit chairman Pierre Mellinger has been named to the chairman of TriGránit Polish unit, TriGránit Poland, the company announced on Friday.

Rothschild acquired a 25% stake in TriGránit in August 2005 together with Sándor Csányi, the head of OTP Bank Rt. Rothschild is the co-chairman of Atticus Capital, and also is the director of RIT Capital Partners, of the Rothschild Foundations, and is the chairman of investment and commercial bank service provider JNR Limited.