According to the Fund's asessment, the selection process did not abide to the provisions of the corporate governance legislation, and failed to produce suitable candidates.
Through the new partnership, HILS Development is supporting one of Romania's most beloved sports and helping to build the success of a legendary team, Dinamo 1948.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).