Lulache, former head of Romanian investment fund Fondul Proprietatea (FP.RO), was supposed to replace Dumitru Dina at Nuclearelectrica until the ministry appointed a new chief executive officer.

Lulache was dismissed as head of Fondul Proprietatea in December 2009. She is now an adviser to central bank’s deputy governor Bogdan Olteanu.

Dumitru Dina was appointed interim general manager of Nuclearelectrica in December 2011.

Nuclearelectrica is 90.27% owned by the Economy Ministry, while Fondul Proprietatea holds the remaining stake. The ministry plans to sell a 10% stake in the power company on the Bucharest stock exchange by the end of March 2013.