1,300 people to leave PSG voluntary

Over 1,300 employees applied for joining voluntary redundancy program at Polska Spółka Gazownictwa (PSG) a subsidiary of PGNiG, a press release reads. The employees with the longest experience may be provided with severance payments worth PLN 100,000 each.

"Success of the program was beyond our expectations. Over 1,3000 people volunteered. This form of employment optimization let implement restructuring plans assumed by the firm profitable for the employees," Sylwester Bogacki, PSG's CEO said.

PSG is Poland's largest gas fuels distributor (90 percent of share in the Polish market).