The company’s turnover fell 10% to RON346.47 million in the first six months, from RON387.7 million in the same interval in 2013.

CE Hunedoara registered a 3.7-fold increase in salary costs to RON149 million between January and June, from RON40.23 million in the same interval in 2013, due to a 3.5-increase in the number of employees.

The company was set up in 2012 through the merger between state-owned thermal power producers Deva and Paroseni. It has an installed capacity of 1,435 megawatts and covers approximately 5% of the country’s entire energy production.

CE Hunedoara had 6,738 employees, on average, at the end of first half, from 1,918 employees in the same period in 2013.