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Membership in the new Supervisory Board of Transelectrica SA

Transelectrica is Romania's Transmission and System Operator that manages, operates, maintains, upgrades and develops the transmission network comprising 80 electric transformer substations of 35,000 MVA as well as 9,028 km of overhead electric lines at 110/220 kV, 400 kV and 750 kV, managed by 8 transmission branches.
At the AGA reunion of 30.05.2013 the new members in the Supervisory Board of the National Power Grid Company Transelectrica SA were elected in accordance with the provisions of GEO 109/2011 regarding corporate governance of public enterprises. Five of the Supervisory Board members are representative of the majority shareholder the Romanian State through the Ministry of Public Finance:
1. Ovidiu Petrisor Artopolescu,
2. Ion Toni Teau,
3. Stefan Doru Bucataru,
4. Dan Sandu,
5. Ciprian Gheorghe Diaconu;
The shareholders' representatives in the new Supervisory Board of Transelectrica are:
1. Radu Bugica,
2. Andrei Pogonaru;
Transelectrica is the National Power Grid Company that initiated the recruitment and selection process for Supervisory Board members according to GEO 109/2011. The Ministry of Public Finance, in its capacity of coordinating public authority has performed and finalised the administrators recruitment and selection with a view to implement the provisions of the Governmental Emergency Ordinance 109/2011 regarding corporate governance of public enterprises. The association consisting of Co. Quest Advisors Ltd and Co. Transearch International Ltd provided assistance to this process. Following publication of the announcement for member recruitment and selection in the Supervisory Board 63 applications were received, of which a short list with 20 candidates proposed by the Romanian State shareholder through the Ministry of Public Finance was drawn up.


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Press Releases

Title Date citeste
4M Market Coupling Go-live planned for 11 November 2014 09-04-2014 Read all
PRESS RELEASE 21-02-2014 Read all
Czech-Slovak-Hungarian-Romanian Market Coupling go-live in Q4/2014 19-02-2014 Read all
The managerial teams of Transgaz and Transelectrica met with the European commissioner of energy 14-02-2014 Read all
Press release 16-01-2014 Read all
The incident occurred in the installations managed by Transelectrica - TB Cluj 11-01-2014 Read all
Title Date Read Next steps in the Czech-Slovak-Hungarian-Polish-Romanian Market Integration 26-08-2013 Read all
Czech Republic, Slovakia, Hungary, Romania and Poland signed the Memorandum of Understanding aiming to extend the CZ-SK-HU Market Coupling towards RO and PL markets 17-07-2013 Read all
Membership in the new Supervisory Board of Transelectrica SA 31-05-2013 Read all
Transelectrica deals with an offending incident attempting to the security of the National Power System 24-04-2013 Read all
Mr. Stefan GHEORGHE is the new Executive Director General of Transelectrica 18-02-2013 Read all
Poland and Romania to join CZ-SK-HU Market Coupling 30-01-2013 Read all
The director general of Transelectrica, Mr. Stelian Alexandru Gal participated to the bilateral meeting of companies Ukrenergo and Transelectrica 28-02-2011 Read all
The director general of Transelectrica, Stelian Alexandru Gal, has participated to the 21st meeting of the members from ENTSO-E Steering Committee 31-01-2011 Read all
The representatives of Transelectrica SA have met with the Company main contractors in the annual reunion 25-01-2011 Read all
The managerial team of Transelectrica has received the visit of the delegation of representatives from the Chinese Company State Grid International SA 20-01-2011 Read all
Ion Ariton, minister of economy, commerce and business environment met on Monday, January 17th, with Stelian Alexandru Gal, director general of Transelectrica 18-01-2011 Read all
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