Hidroelectrica is a leader in electricity production and the main provider of technological services required in the National Energy System in Romania. The company is currently managed in a dual system, by a Management Board, under the supervision of a Supervisory Board. The successor to the Ministry of Electricity, RENEL, was founded in 1990. The Romanian Energy sector was reorganized in 1998, by creating (in compliance with GD 365), a holding company, CONEL, with four subsidiaries: Termoelectrica, Electrica, Hidroelectrica, Nuclearelectrica. In 2000, these four companies became, in compliance with GD 627, fully state-owned companies. Additionally, Transelectrica was also created. More information...

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