News

Job cuts policy results in number of workers rising

Published

August 22, 2015

Comments

comments icon

0

Share

Published:

August 22, 2015

Comments:

comments icon

0

Share

Despite continued declarations from the state government and national power utility HEP Group, about how the company needs restructuring and downsizing, including lowering median worker’s age, last year’s official report showed the number of employees rose by 129 compared to 2013, Croatian Novi list newspaper’s portal said. Also, even though there is a generous severance pay offered to those who accept to retire early, the number of workers close to retirement age has actually risen!

In 2012 and 2013 about 1,600 people left HEP under agreement including a payout, so at the end of 2013 the number of employees was cut to 10,887. However, last year it rose by 129 and the most enlarged category is senior workers, the report said. Severance pay is equivalent to 70 percent of average pay throughout one’s career. Simultaneously, HEP Group is hiring trainees, but also experienced workers, depending on particular subsidiary’s needs and independently of age and sex of the expert in question, said the company’s statement to Novi list.

HEP explains inconsistencies with the fact that each year some of the younger workers enter an older category. The management had announced serious restructuring last year but so far there weren’t any big job cuts. Analyses were made and it was concluded that this year 700 workers should leave with severance pay, while 300 young experts need to be hired. The newspaper said it is a well known yet unofficial fact that HEP has about 2,000 people working for fees at each given moment, as the group doesn’t have enough of its own operatives and maintenance staff.

 

Related Articles

slovenia electricity natural gas price approval ban

Slovenia imposes mandatory state approval for electricity, natural gas prices

21 April 2026 - The Government of Slovenia has passed a decree requiring suppliers of electricity and natural gas to obtain approval for price increases

Hidroelectrica spearheading next wave BESS Romania Simtel Guris Econergy

Hidroelectrica spearheading next wave of BESS investments in Romania

21 April 2026 - Electricity producers in Romania are investing in several gigawatts of battery storage – for hybrid power plants or standalone systems

Turkish solar panel manufacturers expanding global presence CW Enerji Smart Solar Technologies

Turkish solar panel manufacturers expanding global presence

20 April 2026 - CW Enerji has a provisional USD 750 million deal in the US for its PV modules, while solar panel producer Smart Solar Technologies obtained a global certificate

astronergy solar park romania

Chinese Astronergy commissions 31 MW solar park in Romania, plans 14.4 MW BESS

20 April 2026 - Astronergy Solar has begun commercial operation of a 31 MW solar power plant in Romania and plans to build a 14.4 MW battery system