Distrigaz Sud: 1,645 redundancies cost 17 million euros - Azi

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Distrigaz Sud, the largest natural gas transmission and supply company in Romania, has paid out around 17 million euros to 1,645 employees who opted for voluntary redundancies packages, initiated by the company on June 16.

Distrigaz Sud currently employs 6,179 people, down from 7,800 at the beginning of the year, and down from 10,800 when it was privatised and taken over by Gaz de France in 2005."The employees who opted for this programme have several advantages - they get 7-18 gross basic...

Read the whole story in: Ziarul Financiar