The Agency for the Monitoring and Evaluation of the Performances of Public Enterprises (AMEPIP) is organized and functions as a specialized body of the central public administration, with legal personality, subordinated to the Government and coordinated by the Prime Minister, through the General Secretariat of the Government.
Features:
- regulation, which ensures the development of the normative and institutional framework in its areas of responsibility;
- of strategy, which ensures the development of the Government's strategies and policies in its fields of activity, as well as its own strategies and policies, coordinated with the Government's policy;
- of monitoring and control of the implementation and compliance with the corporate governance requirements provided for in the legislation in force by the tutelary public authorities and by public enterprises;
- of state property administration, which ensures the administration of public and private state property;
- approval of key performance indicators of public enterprises;
- of technical support and guidance of public guardianship authorities and public enterprises regarding the implementation of corporate governance rules.
Role:
AMEPIP has the role of establishing the corporate governance policy, of coordinating the implementation of the rules in the field at the level of public guardianship authorities, of monitoring and evaluating them, respectively of applying sanctions for identified deviations.
Main duties:
- the initiation, through the General Secretariat of the Government, of draft normative acts in the field of corporate governance of public enterprises and approval of draft normative acts with incidence in its field of competence;
- the elaboration and implementation of regulations, approved by order of the president of AMEPIP, in order to apply the principles of corporate governance;
- the elaboration or modification, with the consultation of the relevant ministries, of the state's property policy and transmission to the Government, with a view to approval, by decision;
- monitoring and evaluation of the implementation of corporate governance principles by the public authorities and public enterprises, in accordance with applicable legal provisions and best international practices in this area, i.e. immediate notification to the responsible public authority or public enterprise, in case of violations, with proposals for remediation;
- participation in the selection procedure for the appointment of administrators of public enterprises at the central level, through its representatives in the nomination and selection commission;
- organizing the selection procedures of the independent expert, member of the selection and nomination commission, in the case of public enterprises at the central level, in compliance with the legal provisions on public procurement;
- publication of the list of administrators of public enterprises and the list of directors in office, on the website, based on the data transmitted by the public guardianship authorities;
- monitoring the implementation of the remuneration policy in accordance with the principles of remuneration of members of the board of directors/supervisory/directors/directorate of public enterprises, as well as the dividend policy for public enterprises;
- supporting, guiding and providing consultancy on corporate governance issues, at the request of the tutelary public authorities or public enterprises;
- providing recommendations to public enterprises and public guardianship authorities, upon their request;
- monitoring the objectives and strategies of public enterprises;
- collecting, monitoring and publishing on its own website the financial and non-financial performance results of public enterprises, based on the performance indicators provided by public enterprises, included in the scoreboard;
- monitoring the performance of public enterprises based on the evaluation of performance indicators, carried out by the tutelary public authorities;
- preparing information on the performance of public enterprises and submitting them to the Government and, respectively, the Parliament, as well as making them known to the public by publishing them on the Internet page;
- monitoring compliance with the legal framework in terms of integrity, the application of integrity plans developed by public enterprises and the implementation of the National Anti-Corruption Strategy 2021-2025;
- applying sanctions to public guardianship authorities, public enterprises, responsible natural persons and publishing them on the website;
- the collection of tariffs, quotas and other administrative fees for the services provided, according to secondary legislation;
- organization of training programs for the staff of public guardianship authorities, public enterprises, administrators, directors, as well as other interested persons, on corporate governance topics;
- verification of compliance by the public guardianship authorities with the obligation to ensure a clear separation between the ownership function and the regulatory function through the distinct organization of the corporate governance and regulatory departments, and the application of sanctions in case of violations.
The headquarters of the Agency for the Monitoring and Evaluation of the Performance of Public Enterprises is in the city of Bucharest, str. General Ion Emanoil Florescu no. 1, Sector 3.
- The organization and operation of the Agency for Monitoring and Evaluation of the Performance of Public Enterprises are established by Government Decision no. 617/2023 regarding the organization and operation of the Agency for the Monitoring and Evaluation of the Performance of Public Enterprises.
- AMEPIP is led by a president and two vice-presidents, appointed by decision of the Prime Minister, at the proposal of the Secretary General of the Government.
In exercising his duties, the president of AMEPIP issues orders, opinions and decisions.