Electrica Serv, a branch of electricity supplier and distributor Electrica SA, will lay off 600 people, electricity and thermal power producer Termoelectrica will dismiss 300 people and Electrocentrale Deva will cut 100 jobs.

At the same time, the three thermal power producers in Oltenia, namely Craiova, Turceni and Rovinari, will lay off a total 480 employees.

The six companies involved have a total workforce of some 30,000 employees.

Termoelectrica has over 12,000 employees, while Electrica Serv has a 7,000-strong staff. The three thermal power producers in Oltenia cumulate 11,200 employees, namely 2,200 at Craiova, 4,500 at Rovinari and 4,500 at Turceni.

The document’s explanatory note says the layoffs will cost a total 25.2 million lei (EUR6.1 million) in 2011 and RON12.6 million in 2012. The sums were calculated on the net average salary on economy for January 2011, namely RON1,424. (EUR1=RON4.1756)