Source: Parkiet
In the first quarter, revenues rallied PGNiG Group zł 12.5 billion, an increase of 31 percent. compared to the same period of 2014. This is the effect of increased gas trading on the TGE. Profits also rose. Net earnings exceeded 1.2 billion zł and was 5.4 percent. higher than a year earlier. The upturn is mainly the result of procuring gas at relatively low prices, which contributed to an increase in the margin on sales of natural gas. Profits also rose in power generation and heat. They fell for it with oil and gas and the distribution of blue fuel. In this latter case, the reason was the high cost resulting from the creation of provisions for rationalization of employment.
Management estimates that this year the employment sleeping about 2 thousand. people. Also counts on prices of gas imported from the east.
The Board of the Polish Oil and Gas Company estimates that this year, employment in the group falls in like a year ago, an increase of about 2 thousand. people. The crew will shrink mainly as a result of voluntary redundancy programs. Only the Polish subsidiary Gas Company will leave 1.3 thousand. 1.4 thousand people., which have given their desire. The company already created for this purpose a provision of up to 96 million zł. Voluntary redundancy programs this month also started at PGNiG and PGNiG subsidiary Retail turnover. Exactly how much will include people not yet known. Today, the whole group PGNiG employs about 27 thousand. employees.
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