“I would be willing to attend the selection of private management for Complexul Energetic Craiova. Of course, I need to know the requirements, which are the objectives and whether they are realistic,” Balasoiu said.

Constantin Balasoiu has been general manager of the power producer since 2009, appointed by order of the economy minister.

Balasoiu is not the only general manager of a state-owned company willing to stay on as private manager.

Oltchim (OLT.RO) general manager Constantin Roibu, who has been with the company since 1991, recently said he will attend the management selection process, with a team formed by current Oltchim directors.

Andreea Paul Vass, adviser to Prime Minister Emil Boc, recently said the first 7-10 companies to have private management will make the move by the end of February 2012.

The private sector managers that will be appointed to lead Romanian state-owned companies could earn as much as EUR75,000 gross per month, plus millions of euro per year in the case of highly profitable companies, if they meet the performance criteria set in the contract, according to a bill.