Private management to lead state companies from October
Private managers will be appointed to public companies, under the agreement with the IMF, in October, starting with Hidroelectrica and Transgaz, said the minister-designate of the economy, Daniel Chitoiu (photo), following discussions between the NBR and IMF June 2012 - From the Print Edition
Hidroelectrica, Oltchim, Romarm and Electrica Supply are next in line, along with Tarom, SNLO, CFR, CFR Calatori, Nuclearelectrica, Transelectrica and Romgaz. In March, then minister Lucian Bode said that Oltchim, Romarm and Hidroelectrica would be the first state companies to get private management, followed by Electrica Supply.
A government document drafted in March stipulated that the shortlist of candidates to lead Hidroelectrica, Romarm and Oltchim would be completed by April 30 and the one for Electrica Supply drawn up on May 15, a step that would immediately be followed by the appointment of new directors. For Energy Complex Oltenia the shortlist of candidates was to be completed by May 15.
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