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Romanian Prime Minister details strategy for managing state-owned enterprise governance

Romanian Prime Minister Ilie Bolojan, alongside Deputy PM Dragos Anastatsiu, heading the working group, disclosed at a press conference on July 22 their proposals for improving the management structure in state-owned businesses (SOEs). These plans are part of a two-fold reform package, the...

Romanian Prime Minister outlines strategy for management structure of state-owned enterprises
Romanian Prime Minister outlines strategy for management structure of state-owned enterprises

Romanian Prime Minister details strategy for managing state-owned enterprise governance

Romania is set to deliver a significant package of reforms by the end of the month, with one of the key components being the streamlining of corporate governance in state-owned enterprises (SOEs). Prime Minister Ilie Bolojan announced these plans on July 22, during a press conference that also unveiled a separate package of reforms related to local administration. The SOE reforms are part of the government's broader plan to deliver reforms by the end of the month.

The SOE reforms are aimed at improving the governance of state-owned enterprises, addressing long-standing issues and promoting efficiency. The reforms are to be delivered in an initial form by the end of July, with further details to be provided at a later stage.

The working group responsible for the SOE reform plans is led by Prime Minister Bolojan and Deputy Prime Minister Dragos Anastatsiu. Both officials are also part of the working group, along with other unnamed members. The search results do not provide the names of the three government members leading the corporate governance reforms in state-owned enterprises or details on other persons involved in this working group.

The SOE reforms are intended to streamline the corporate governance of state-owned enterprises, ensuring better management and decision-making processes. The reforms are expected to bring about a more transparent and accountable system, benefiting both the state and the public.

The press conference announcing the SOE reform plans took place on July 22. For those interested in following the progress of these reforms, the article can be accessed by becoming a Romania Insider member or by signing in (if already a member).

In addition to the SOE reforms, the government is also expected to deliver a separate package of reforms related to local administration by the end of the month. More details about these reforms are expected to be announced in the coming days.

As the government moves forward with these reforms, it is hoped that they will bring about positive change and help to improve the overall efficiency and effectiveness of state-owned enterprises in Romania.

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