Reform of state-owned enterprises and the Public Property Agency: immediate needs

Automatically translated summary. The full article is available in Romanian.
On 5 October 2023, the Independent Think Tank “Expert-Grup” presented its analysis of the functional alignment of the organisational structure of the Public Property Agency (APP) at a round table. Representatives of specialised organisations, state institutions and experts discussed reform of the agency and of state-owned enterprises.
The analysis finds that the APP's mandate was extended in 2017 without any review of whether its structure meets its functions. Its reform is described as a precondition for reforming state-owned companies. The authors recommend a more corporate model, like the Organisation for Entrepreneurship Development: depoliticised appointment of deputy directors, a supervisory board with independent members, and a fund to secure competitive pay. They also advise separating asset disposal from consolidation, removing functional overlaps, shifting resources from micromanagement to monitoring, adopting an integrated information system and a medium-term strategic development plan.
Speakers stressed the screening of state enterprises to decide which to keep, privatise or reorganise, and that state firms should operate only where markets fail or for security reasons. APP Director General Roman Cojuhari said the agency's overlapping duties hamper its work and that it will prioritise launching reforms. The event was supported by Soros Foundation Moldova.



