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State Enterprise Moldelectrica will be transformed into a joint stock company

The operator of the electricity transmission system, SE Moldelectrica, will be reorganized into a joint stock company with 100% state capital, Logos Press reported.
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State Enterprise Moldelectrica will be transformed into a joint stock company

The plan to change the status of the national operator is a strategic initiative of the Moldovan cabinet aimed at modernizing the energy sector. The first stage of the reorganization involves the appointment of a Board of Directors composed mainly of independent members.

Moldelectrica will become a 100% state asset. This approach, according to the Cabinet of Ministers, will ensure a more efficient operational management and a transparent corporate structure. The aim of the reorganization is to create a more efficient management model that meets the requirements of synchronization with the European energy market.

The Ministry of Energy specifies that the reorganization process will not affect the continuity of electricity supply and the proper functioning of the power transmission network.


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