At the beginning of this year, President Traian Basescu and Prime Minister Emil Boc committed to the International Monetary Fund and to the World Bank to introduce private management at some of the state-owned companies to increase their efficiency and cut their losses.
“The auction notice in view of selecting the company that will handle the project management for the introduction of private management with state-owned companies will most likely be published on the website tomorrow afternoon (this Monday i.e.). I don’t think management consulting firms will take part in the auction because following the analysis conducted and the selection criteria, it is still executive search companies who are eligible,” said Andrei Todea, chief of staff of the Economy Minister Ion Ariton.
He also said the company that would handle the project management would be selected by the end of this week, and by October 1 another auction would be completed, through which the executive search companies directly involved in recruitment will be selected. The auctions will be conducted via special proceedings, so the process will be much shorter than usual.
(English version by Daniela Stoican; Editing by Oana Gavrila)