Adrian Constantin Rusu, Andreea-Georgiana Florea, Viorel Vasiu and Adrian-Mircea Teodorescu shall be revoked as members of the Directorate, starting December 21, 2018.

Also, Marius-Danut Carasol, Andreea-Georgiana Florea, Constantin Saragea, Claudia-Gina Anastase and Adrian Savu shall be appointed as provisional members of the Directorate, starting December 21, 2018.

“The mandate of the new Directorate members is granted for 4 months since 21 December 2018, with possible extension, on solid grounds, for two more months. But the mandate term will not exceed the ending date of the selection procedure for Directorate members of the National Power Grid Company Transelectrica SA according to the provisions of OUG 109/2011, if the procedure is completed within this interval,” the company said in a statement.

“In accordance with the provisions of article 18 para. (4) from the Articles of association of the National Power Grid Company Transelectrica SA, the Supervisory Board appoints Marius-Danut Carasol as Directorate Chairman (alternatively called the Company’s Executive Director General or Chief Executive Officer – CEO) of the National Power Grid Company Transelectrica SA, beginning with 21 December 2018,” the statement also reads.