Romanian producer, stage director and teacher. Margareta Niculescu is considered the most important Romanian puppet theatre personality from the 1950s to the late 1990s. She studied directing at the IACT (Institutul de Artă Teatrală şi Cinematografică, Institute of Theatre Arts and Cinematography) in Bucharest, Faculty of Theatre. As the Artistic Director of Ţăndărică (today, Teatrul de animaţie Ţăndărică) from 1949 to 1986, she turned the theatre into a laboratory of artistic creativity. In 1978, her work was recognized and awarded the European Erasmus Prize along with Peter Schumann, Yves Joly and Fratelli di Napoli (see Natale Napoli).
Distinguished with many prizes and medals she has been awarded in Romania and France, Margareta Niculescu has through her many activities, innovations, and stage directing contributed to the creation of a modern aesthetic and education for the arts of puppetry.