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195 new news items in the last 24 hours
19 September 15:48

Karoly Borbely and Marian Fetiba, top executives of Hidroelectrica, are ending their mandates due to tensions with the European Commission related to the PNRR.

Sanziana Georgescu
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Current Affairs
sursa foto: shutterstock.com
Karoly Borbely's decision, a respected executive in the energy sector, to end his term at Hidroelectrica, alongside financial director Marian Fetiba, is a blow to the company. This comes against the backdrop of tensions between Romania and the European Commission regarding the failure to meet a milestone from the PNRR. Borbely played a crucial role in Hidroelectrica's historic IPO, and his departure could negatively affect the company's actions, in the context of a PWC report that contradicts the Commission's assessments.

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Ziarul Financiar
BREAKING NEWS. Karoly Borbely, CEO Hidroelectrica, demisionează. La fel şi Marian Fetiţa, CFO. Motivul: tensiunile dintre România şi Comisia Europeană privind un jalon din PNRR
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Economica
Directorul general al Hidroelectrica a fost demis la jumătatea mandatului – surse
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psnews.ro
Schimbare majoră la vârful Hidroelectrica! Decizie surprinzătoare a Consiliului de supraveghere
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Mediafax
Consiliul de Supraveghere al Hidroelectrica a decis încheierea mandatului de CEO al lui Karoly Borbely | Compania se desparte şi de CFO-ul Marian Fetiţa

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
The Supervisory Board of Hidroelectrica has decided to resume the selection process for the CEO position, as no candidate met the requirements. Romania risks permanently losing 16 million euros from the PNRR due to milestone 121 regarding corporate governance.
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Economy
Milestone 121 for the appointment of managers at energy companies must be met by November 28. The selection processes are delayed, and Romania risks financial losses.
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Current Affairs
The Ministry of Energy has proposed three candidates for the Supervisory Board of Hidroelectrica, including Ion Ariton, former Minister of Economy.
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Current Affairs
The Agency for Monitoring and Evaluating the Performance of Public Enterprises (AMEPIP) has a new leadership to complete the PNRR milestone.
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Current Affairs
Bogdan Ivan, the Minister of Energy, announced that he will send the Control Body to Hidroelectrica, following an investigation according to which the company allegedly provided free energy.
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Politics
Romania could be penalized by the European Commission for failing to meet the PNRR milestone regarding appointments in state-owned companies, although 11 out of 12 companies have met the conditions.
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hidroelectrica ceo resignation NRRP

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Yesterday 18:19

On Wednesday evening, hundreds of people are protesting for the independence of the judiciary, demanding legislative changes and the resignation of the CSM leadership.

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