Traselectrica is Romania’s power grid operator, while Transgaz operates the country’s natural gas transmission system.
In its rationale for the move, the government said the Finance Ministry, as regulator of the future royalty system, can no longer administer the two companies.
Early February 2014, the two companies were placed under the authority of the government’s General Secretariat.
The two companies have been administered by the Finance Ministry since March 2013. Previously, they were part of the Economy Ministry’s portfolio.
Romania owns 58.69% in Transelectrica and 73.51% in Transgaz.