Hidroelectrica head Bogdan Badea wins 4-year mandate

Sorin Melenciuc 11/06/2019 | 12:09

Bogdan Badea, the CEO of Hidroelectrica, has been confirmed in his position for a 4-year mandate, after months of temporary mandates.   

Hidroelectrica is the most profitable state-owned company in Romania. The Energy Ministry own 80 percent of company’s shares while Fondul Proprietatea has a 20 percent stake.

Hidroelectrica has a board of directors with 5 members: Bogdan Badea, Marian Bratu, Razvan Pataliu, Radu Cristian Pop and Cristian Vladoianu.

Their full-term mandate at the head of Hidroelectrica begun on June 10, according to the company.

In 2018, Hidroelectrica had a historical high net profit of RON 1.55 billion, a 14 percent increase over the previous year, with a turnover of RON 4.2 million. The company operates 208 plants with an installed power of over 6,400 MW.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine June 2024 Issue

The June 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “VTEX secures landmark partnership with major German retailer”. To
Sorin Melenciuc | 06/06/2024 | 16:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue