It will take several years. Some of the, will retire, others will change their position" within the company, he said. Transelectrica presently has some 2,200 employees.
Furthermore, Transelectrica shareholders will receive gross dividends amounting to at least RON 0.268 (€0.062) per share. State-controlled companies are compelled by law to pay at least 50 percent of annual earnings as dividends. The company posted €10.68 million in net profit in 2008, 22 percent lower year-on-year, and business amounting to €796.1 million, some 26.3 percent higher on 2007.
