Thus, chemical company Oltchim, defense industry company Romarm and hydropower producer Hidroelectrica will come under the management of people selected by head-hunters.

Under standing agreements with the International Monetary Fund and the European Commission, Romanian authorities need to appoint private management at multiple state-owned companies.

The list of firms due to get private management includes airline operator Tarom, mining company SNLO, railway companies CFR SA and CFR Calatori, nuclear power plant operator Nuclearelectrica, natural gas transporter Transgaz (TGN.RO), power grid operator Transelectrica (TEL.RO) and gas producer Romgaz.