The Board of Directors Nuclearelectrica (SNN) decided to extend for 4 months period the mandate of Daniela Lulache as the General Manager, starting with 01.05.2017. The current mandate of the CEO expires on 30.04.2017.

Decision has been made in order “to facilitate the transition period and the transfer of the complex processes and activities related to nuclear power production from the current executive management to the new administrative and executive management selected in compliance with the provisions of OUG 109/2011 as subsequently amended”, and was based on “the evaluation report prepared by the current executive management, the operating and financial results and the degree of accomplishment of the performance indicators undertaken through the mandate contract, considering the complexity of the external challenges”.

At the level of a nuclear producer, there are constant processes and activities the interruption and/or delay of which, due to administrative causes, may lead to disruptions in the activity flow, which is unacceptable in the nuclear field; the ensuring of the management function is essential in the hierarchy of a nuclear producer.

Moreover, with regards to Cernavoda NPP Units 3 and 4 project, based on the intention of the Ministry of Energy to accelerate the negotiation process, the Board of Directors considered it even more necessary to approve a provisional 4-months mandate for the current CEO of SNN, as Mrs. Lulache is a full member in the negotiation commission and is very familiar with the entire negotiation process and with the particularities of the project, since the launch of the Strategy for the continuation of Cernavoda NPP Units 3 and 4 Project, in 2014, thus ensuring the continuation of the management in this process is also essential.

SNN is a company administered in an unitary system, the executive management being delegated to a single administrator, thus, in the case, of SNN, in contrast with the companies administered in a dualist system, the executive management cannot be fully ensured in the case of the expiration of the mandate contract of the sole executive administrator.

Nuclearelectrica also states that the Board of Directors took into account the decision of the Ministry of Energy to nominate administrators for a 4-months provisional mandate, in which case the public authority must organize a recruiting and selection procedure in the upcoming period, for the administrators with a full 4-years mandate, and the Board of Directors must organize a recruiting and selection procedure for the position of CEO for a full 4-years mandate.