Hidroelectrica hydro-electric power producer to have supply offices in Budapest, Vienna

Hidroelectrica will have supply offices in Budapest and Vienna, aimed at the export to the European energy market, said Remus Borza, representing Euro Insol, the hydro-electric power producer's judicial administrator at a news conference on Wednesday.

'Hidroelectrica is opening supply offices in Budapest and Vienna. It will export and will begin to count in the European energy market', Borza stressed.

He announced Hidroelectrica will have professional management in two months, coming from inside the company or from outside it, with the politics to have no say in it.

'Hidroelectrica plans to hire the best specialists for management in two months, both from inside the company and from outside it. We vouch for a transparent selection, with politics to have no say in it. I am speaking of those people named on political grounds, who had issues relating the competence and morality, I am speaking of the lack of managing abilities. Hidroelectrica is going to be the first company to have professional management. The management will be fully changed before the company ends the insolvency. The criteria by which such management will be selected will be strictly objective', Borza stressed.

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