The company’s Supervisory Board designated Iulius Dan Plaveti in this position and Mihail-Dan Stan as CFO, following the completion of the selection procedure for the members of Hidroelectrica’s Management Board, conducted in accordance with the provisions of GEO No. 109/2011 on the corporate governance of public enterprises.
The appointments come at a time when Hidroelectrica registers a good quarter. In the first quarter of 2026, revenues climbed by 67% to RON3.13 billion, net profit doubled to RON1.307 billion, EBITDA topped RON1.7 billion, with a 55% margin.
(English version by Catalina Apostoiu)