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144 new news items in the last 24 hours
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  2. 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.

Raluca Ioana Draghici
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27 November 2025, 06:36
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Hidroelectrica has announced that, following the final evaluation of the candidates for the CEO position, none met the established requirements. The Supervisory Board has decided to immediately resume the selection process and to maintain the interim management to ensure operational continuity. This decision comes after the contracts of the general director, Karoly Borbely, and the financial director, Marian Fetița, were amicably terminated due to challenges to their appointments by the European Commission, which led to the blocking of some funds from the PNRR. Romania risks losing 16 million euros from the PNRR due to these corporate governance issues. Although the Government has obtained an extension of the deadline for completing the selection, it is unclear whether this also applies in the case of Hidroelectrica.

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Economica
Hidroelectrica nu și-a putut numi director general nou – nicio propunere nu a fost suficient de bună. Termenul-limită era 28 noiembrie. Pierdem bani din PNRR?
sursa imagine
Hot News
Surprinzătoarea anulare a CEO-ului de la Hidroelectrica după ce câștigase concursul. Printre cei învinși fusese și Dragoș Tănase, fostul șef de la Roșia Montană Gold Corporation
sursa imagine
Stiripesurse
Hidroelectrica a anunțat oficial că nu a putut alege un director general
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Hot News
Hidroelectrica a anulat procesul de numire a unui directorul general. România va pierde bani din PNRR
sursa imagine
Financial Intelligence
Hidroelectrica: Consiliul de Supraveghere a constatat că niciun candidat nu se aliniază pe deplin cerințelor asociate funcției de CEO în acest moment
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Profit.ro
ULTIMA ORĂ Selecția noilor șefi Hidroelectrica a eșuat. Foștii au plecat din companie pentru ca România să nu piardă bani din PNRR
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Stiripesurse
Lovitură de teatru la Hidroelectrica! Concursul pentru funcția de director general a eșuat – Niciun candidat nu a trecut selecția, procesul se reia de urgență

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Bogdan Badea, interim CEO of Hidroelectrica, announced that he will not run for the position of CEO, citing recent political statements and lack of corporate governance.
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Iulius-Dan Plaveti has been appointed president of the Hidroelectrica Directorate, starting from May 29, 2026. He has extensive experience in leading state companies in the energy and transportation sectors.
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The government approved three memorandums for the filling of 402 vacant positions in Transgaz, Transelectrica, and Hidroelectrica, necessary for the security of the national energy system.
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Hidroelectrica NRRP CEO appointment candidates European funds selection process

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