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Electrica Serv expects a 25% net profit decline in 2017, prepares more lay-offs

Electrica Serv, the maintenance and energy services subsidiary of Electrica, continues its restructuring in order to streamline the company’s business and expects a 25% lower profit in 2017 compared to 2016, energynomics.ro informs. The expenditures for the voluntary leaving program would double, with 923 employees being targeted for layoffs. They would leave the company in two stages: 234 employees until 31.03.2017 and 689 employees until ...

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