Hidroelectrica, Romgaz and Nuclearelectrica are the first three state-owned companies to distribute dividends from profits to the national budget in 2023, Deputy Secretary General of the Government Adrian Tutuianu said on Thursday.
He added that the report on the activity of public enterprises for 2023 was presented on Thursday at a government meeting. Before Law 187/2023, the report was prepared by the Ministry of Finance, but it is currently the responsibility of the Agency for Monitoring and Evaluation of Performance of Public Enterprises (AMEPIP).
"This report will be posted after today's meeting on the AMEPIP website. It shows us the situation today in the field of public enterprises. The first 10 public enterprises that distributed dividends or payments from profits to the national budget in 2023 are in order: the electricity generation corporation Hidroelectrica SA; the national natural gas corporation Romgaz SA; the national nuclear power corporation Nuclearelectrica. Fourth place - Oltenia energy corporation; fifth place - Transelectrica, sixth place - Romsilva, seventh place - Electrocentrale Bucure?ti, eighth place - the CFR National Passenger Railway Transport Corporation, ninth place - National Gas Transmission Company Transgaz and 10th place - National Road Infrastructure Administration Company SA," he said at a news conference held at the Government House.
Tutuianu also said that the scoreboard that includes the financial and non-financial indicators committed by the management of public enterprises has been made operational at AMEPIP. The scoreboard was designed in agreement with the Organisation for Economic Cooperation and Development (OECD) and the European Commission.
At the same time, the order of the AMEPIP chairman on establishing the minimum level of performance indicators for public enterprises was approved.
"There are financial and non-financial indicators that must be provided for in the mandate contracts of the administrators. Failure to meet these indicators will lead to the dismissal of those who do not meet their performance criteria. Otherwise, a dismissal from office becomes without just cause and is likely to generate compensation for the administrators who were eventually illegally dismissed from these positions," he said.
Tutuianu added that Romania has the largest state sector among the member states of the European Union.
"We have 145 public enterprises at the central level and 1,175 public enterprises at the local level. There are 885 local public administrations having established public enterprises in the form of companies. If we go to the form of organisation of public enterprises at the central level, we have 125 joint stock companies, 10 autonomous companies and five public enterprises organised as limited liability companies. The local public administrations have most of these public enterprises, especially at the level of cities and municipalities, running as limited liability companies. Those at the level of counties, large cities are joint stock companies," he said.
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