This restructuring also targets the split-up of hydropower producer Hidroelectrica after exiting insolvency.
“It is time to set up powerful Romanian companies, which operate both in Romania and in its influence area, where we could become an important energy player,” said Nita.
The restructuring of state-owned companies in the energy sector will be made based on the mix of energy sources.
“We are the only country in the EU with energy holdings or companies functioning on one source. The charcoal cannot compete with water on a free competition market. We must create a mix that enables the companies start up as equals on the market,” added Nita.
Several years ago, Romania planned to set up two power holdings grouping several energy resources, but the plan was dropped due to legal problems.