The resignations from Hidroelectrica were not a coincidence, said on Thursday the Minister of Investments and European Projects, Dragos Pislaru, noting that „this Government is no longer playing around” with corporate governance.

„Reforms are a very interesting discussion. And yes, we are making investments, which until recently was becoming slightly implausible, and we risk losing money on reforms. So this is a separate discussion, where energies are really still to be mobilized… I know, for example, that the resignations from Hidroelectrica were not a coincidence, to state a very clear matter. I know that this Government is no longer playing around with corporate governance,” declared Dragos Pislaru, at a specialized event.

In this context, he was also asked about the special pension reform. „We are waiting for the final decision from God and the Constitutional Court. All in all, the reforms we have, legislative or assumed, on the one hand, the good news is that at least we have simplified them. Now we no longer have all sorts of intermediate things to distract our attention, and this is now the final closure with the European Commission, but what is important is that we are now in a monitoring system in which almost every week we look at those that are at risk,” added Pislaru.

According to a press release from the electricity producer, issued on Friday, the mandate contract of the President of the Board/CEO of Hidroelectrica, Karoly Borbely, and of Marian Fetita, the member of the Board/CFO, terminated by mutual agreement as of Friday, September 19, 2025.

„Hidroelectrica, the largest electricity producer in Romania and one of the most important players in South-Eastern Europe, informs that, during the Supervisory Board meeting of September 19, 2025, it was decided, in common agreement with Mr. Karoly Borbely – Chairman of the Board/CEO, and with Mr. Marian Fetita – Member of the Board/CFO, to terminate the mandate contracts starting with September 19, 2025. The decision comes in the context of the obligations assumed by Romania under Milestone 121 of Component 6 – Energy of the National Recovery and Resilience Plan (PNRR), as well as of the European Commission Decision C(2025) 3490 of May 28, 2025, which ordered the partial suspension of payments, with a 6-month remedial period for the aspects related to the milestone mentioned”, it is stated in a press release sent to AGERPRES.

At the same time, the Ministry of Energy, by its address of September 18, 2025, requested the prompt implementation of the necessary measures to correct the deficiencies reported by the European Commission regarding the situation of the company’s Directorate.AGERPRES