The company’s turnover rose on increased gas sales on the Romanian market, according to the information published in the group’s annual report.
The figure was registered as the company went on to reduce its headcount, so that at the end of 2010 GDF Suez had around 4,397 employees in Romania, 187 fewer than in 2009, according to company data. The number is not even half the level of personnel Distrigaz Sud had in 2005, the year it was privatized, when turnover was at around EUR720 million.
The data represents the turnover of the entire group in Romania, as the former Distrigaz Sud was divided into several companies.
Company representatives provided no details on the profit evolution, but GDF Suez’s annual report states that operating income for the CEE region was EUR29 million lower on the year in 2010, particularly on the negative impact of gas prices in Romania and Slovakia.
The price of natural gas for captive consumers, a category including both the household and small gas consumers, has been kept at the same level for over two years, with the period being recently extended until March 2012 through an emergency ordinance approved by the government.