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Political factors are hindering the management of state-owned enterprises

Dependence on external factors, including inter-institutional and political ones, represents one of the major challenges in carrying out activities in the field of corporate governance of state-owned enterprises.
Svetlana Rudenco Svetlana Rudenco Reading time: 2 minutes
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According to the Public Property Agency’s (APP) report on the management and privatisation of state-owned public property in 2025, a lack of consistency in policy support amongst decision-makers and changes in government have affected the pace of achieving certain strategic objectives.

The Agency also highlights difficulties in collaborating with central public authorities, insufficient inter-ministerial communication, as well as coordination issues with institutions that previously acted as founders of certain state-owned enterprises. Another obstacle is the insufficient number of candidates in competitions to select independent members for boards of directors.

The full report is due to be presented to the plenary session of Parliament on Monday, 16 November.

As at 1 January 2026, the APP managed public assets with a balance sheet value of 178.87 billion lei. The agency was responsible for managing 105 state-owned enterprises and 63 state shareholdings in commercial companies.


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