US EditionKároly Borbély Goes From Hydroelectric Driving. Reason: a Jallon From Pnrr and the Risk that Romania Will Lose European Money
7 Articles
7 Articles
Károly Borbély is leaving as director general of the state hydroelectric company, the country's largest electricity producer, so Romania does not lose money from the National Recovery and Resilience Plan (PNR), on the...
Hydroelectrica announced last night that, at the meeting of the Supervisory Council of 19 September 2025, it was decided to suspend, by common agreement, the mandates of two members of the Director: Karoly Borbély, the President of the Director/EO, and Marian...
Hidroelectrica announced on Friday evening that, during the Supervisory Board meeting of September 19, 2025, it was decided to terminate, by mutual agreement, the mandates of two members of the Board of Directors: Karoly Borbély, Chairman of the Board of Directors/CEO, and Marian Fețița, CFO. According to a notification sent to the Bucharest Stock Exchange (BVB), the decision was made in order to be able to fulfill […] The article Hidroelectrica…
Hydroelectrica announces the suspension of common agreement of the term of office of Director General Károly Borbély and of the financial company Marian Fetića. In a communiqué it is stated that the decision comes into force to fulfil one of the obligations assumed by Romania by PNRR. The Hydroelectric Supervisory Board shows that the two managers have not failed to comply with the rules [...]
Karoly Borbely and Marian Fetța have resigned in the context of the obligations under Jalone 121 of the PNRR and partial suspension of payments by the European Commission.
Hydroelectrica announces the suspension of the common agreement of the term of office of Director General Károly Borbély and of the financial company Marian Fetića.
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