FONDUL PROPRIETATEA: THE GOVERNMENT SHOULD REFRAIN FROM GETTING INVOLVED IN THE MANAGEMENT OF THE COMPANYES WHERE IT IS SHAREHOLDER 

Fondul Proprietatea (hereinafter “The Fund”) reacts to recent declaration of the Minister of Economy, Energy, and Business Environment, according to which Hidroelectrica could supply energy directly to the population for a much lower price, as being an incautious violation of GEO 109/ 2011 on corporate governance in SOEs. The law prohibits direct involvement of the state as a shareholder in the management of the company.  Concerned on ...

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