Corporate Governance

Corporate governance is the set of principles representing the fundamentals of the administration framework through which the company is led and controlled. Throughout internal documents, these principles help in determining the efficiency and efficacy of the control mechanisms adopted in order to protect and align all the stakeholders’ interests – shareholders, directors, managers, heads of various departments, employees and organizations representing their interests, customers and business partners, suppliers, central and local authorities, regulators and capital markets operators etc.
 
Electrica’s Code of Corporate Governance embeds Electrica’s general principles and conduct rules which set forth and regulate the corporate values, the responsibilities, the obligations and the business conduct of the company.
 
The Code is also a guide on business conduct and corporate governance matters for the management and for the employees of Electrica, as well as for other stakeholders.
 
The Code’s provisions are aligned with the national law, the corporate governance principles set by Bucharest Stock Exchange (BSE) for the listed companies, as well as with the best practices in the field.
 
More information can be found in Electrica’s Code of Corporate Governance. All the documents to which the Code refers are available under the section Corporate policies and other documents.
 
The previous version of Electrica’s Code of Corporate Governance is available here.