Badea’s term starts on June 10, 2019 and his objectives include, among others, Hidroelectrica’s stock market listing.
Hidroelectrica reported a turnover of RON4.2 billion and a net profit of RON1.93 billion in 2018.
The company’s executive management also include Marian Bratu, Razvan Ionut Pataliu, Radu Cristian Pop and Cristian Vladoianu.
Ziarul Financiar announced in April this year that Hidroelectrica had started the recruitment process of a new CEO. The company said at the time that it had started the recruitment process for the five members of the company’s Board of Directors.