Borza, owner of the Euro Insol company which managed Hidroelectrica during a yearlong insolvency process, Friday held his last press conference as a representative of the hydropower company.
Hidroelectrica emerged from insolvency in June this year.
As of December, the company is run by a new supervisory board, headed by George Cristodorescu, former deputy general manager of E.ON Romania. Borza did not run for an executive position at Hidroelectrica.
The power company reported a pretax profit of 681 million lei (EUR152.2 million) in the first nine months of 2013, on total sales of RON2.28 billion.
Hidrolectrica has 80.06% of its shares held by the Energy Department, while investment fund Fondul Proprietatea owns a 19.94% stake.
The government plans to launch an initial public offering of 15% in Hidroelectrica in the second half of 2014. (EUR1=RON4.4754)