Starting from Monday, the top management of Hunedoara Energy Complex (CEH) is willing to reduce the unity managers’ wage with 15% and transfer TESA staff on a specific waiting vacation with only 75% of the salary, declared the special administrator of the company, Dan Agrișan. The General Director will have its salary cut up to 50%, also writes Agerpres.

“The taken decision is an effort of the whole company that understands how relevant the costs reduction due to such a difficult problem is. Managers involvement is essential during this time so that they accepted the salary reduction through a amendment of the individual contract, that implies the 15% reduction starting from today, Monday”, declared Dan Agrișan, cited by Agerpres.

CEH became insolvent on 7th of January, this year, and GMC SPRL Craiova was assigned as judicial administrator. It appealed to this decision. The Energy Ministry proposed Euro Insol company, run by Remus Borza, that manages the insolvency case of Hidroelectrica.