Deputy Prime Minister Oana Gheorghiu: Three state-owned companies restructured under Romania’s recovery plan

Romania’s government completed a difficult milestone in its recovery plan on the final day of implementation, Deputy Prime Minister Oana Gheorghiu said. The measure involved restructuring three state-owned companies in the energy and transport sectors.

Gheorghiu said the Trade Register had approved three mergers by absorption and ordered the absorbed companies removed from the register. Electrocentrale Grup merged with SAPE, the Society for Energy Participation Administration, which belongs to the Energy Ministry.

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to bring order to state-owned companies so they become more efficient and economically stronger

In the transport sector, the Filaret Printing Company and CFR Telecommunications merged with CNCFR, the national railway company under the Transport and Infrastructure Ministry. Gheorghiu said the decisions for all three mergers had been approved, although two would be formally communicated in the following days.

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mission impossible

She said milestone 443 had been considered nearly impossible when she entered government in November 2025, because no steps had been taken toward restructuring any company. Gheorghiu also said she had launched a pilot project covering 22 companies that were to be restructured or listed under Romania’s original 2021 commitment.

The deputy prime minister presented the mergers as the beginning of a broader state-company reform. She said the changes would eliminate parallel structures and strengthen corporate governance, with the stated aim of making the companies more efficient and economically effective.

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we made it wanted