The new, stand-alone company will take over Electrica’s minority holdings in other companies. Its core activity will be to provide business and management consultancy services, the document noted.
The company’s sole shareholder will be the Romanian state, through the Economy Ministry.
Electrica owns minority stock in nine companies, including five units of Italy’s utility ENEL and two subsidiaries of Germany’s E.ON.
The state-run company is expected to be privatized in 2014, as per an agreement with the International Monetary Fund and the European Union.