Bolojan on reform of state-owned companies: Romania can no longer afford waste and blockages so far

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📰 Romania

Bolojan on reform of state-owned companies: Romania can no longer afford waste and blockages so far 17.04.2026

Agerpres

Prime Minister Ilie Bolojan announced a comprehensive reform of Romania's state-owned companies, aiming to eliminate inefficiencies and financial losses that burden the public budget. With over 1,500 state-owned entities, many operating at a deficit, cumulative losses have reached approximately 14 billion lei in recent years. The reform, initiated with a pilot project involving 22 companies in energy, transport, and industry that incurred over 4 billion lei in debts and 1 billion lei in losses in a single year, prioritizes responsible ownership. Critical infrastructure companies will receive investment and professional administration, strategic companies will undergo independent analysis for potential exploitation, and struggling entities will enter operational recovery with efficiency measures. Mergers and gradual closures will address overlapping operations and those with no viable future, such as CFR Marfa and Petrotrans, to stop the consumption of public funds. Furthermore, a list of companies, including Hidroelectrica and Romgaz, is being prepared for potential stock exchange listing of minority stakes to foster market development and transparency.

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