Between 2011 and 2012, the Turceni Energy Complex will be running a restructuring program which stipulates cutting labor costs, said Octavian Graure, the General Manager of the Complex.
He said: "This program involves a number of 200 layoffs and the redistribution of the staff within the company, in order to abandon certain third party services and to keep the employees whose positions have been eliminated from the company".
The layoffs will be performed within 60 days from the date of the publication of the law which established the number of people laid off at the Turceni Energy Complex.
The official of CE Turceni said that "out of the 200 employees that will be laid off, 50 requested to do so, and 150 qualify for retirement conditions".
The funds needed for the severance packages are included in the budget.
* Investments of 991 million lei, in 2011, at the Turceni Energy Complex
The value of the investment implemented by the Turceni Complex in programs for 2011, as approved by the revenue and expense budget, amount to about 991 million lei.
In the first six months of the year, the CE Turceni energy complex continued to run major investment programs, which also includes the implementation of the installations for the desulphuring of the exhaust gas for four energy generation groups, the evacuation of the dross and of the thick silt and the modernization of the electrofilters of energy group no. 4.
The month of August saw the completion of the modernization works for the electrofilter of the energy group no. 4, and the desulphuring installations of group 4 and 5 would be made functional, and, by the end of the year, the desulphuring installations of the energy group no. 3 would be completed as well.
* The revenues of the Turceni Energy Complex - up 60% in the first half of 2011 over the similar period of 2010 @