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At Electrotyazhmash, after the merger with Turboatom, redundant employees will be laid off

Ukraine

According to Victor Subbotin, General Director of Turboatom JSC, at least half of Electrotyazhmash's engineers and technicians will be fired in the near future.

At Electrotyazhmash, after the merger with Turboatom, redundant employees will be laid off

The company needs contracts, and they must be profitable, which means that both salaries and other expenses must be included in the price of the contract, said General Director of Turboatom JSC Viktor Subbotin in interview to the National Public TV and Radio Company of Ukraine.

According to him, the issue of cutting redundant employees is a social issue.

“I understand that the employees of Electrotyazhmash will also watch us. I would like to say this: first of all, you need to start production. This requires contracts, and they must be cost-effective. This means that salaries and other expenses must be included in the price of the contract. If we have a bloated staff, then we will not fit into the pricing in any way. Therefore, I ask that the employees of Electrotyazhmash be calm. Let's start up the enterprise, load the machines, then there will already be work for economists. I understand what this figure is. The number of engineering and technical workers can be cut in half. And production workers must be returned to the plant, "Subbotin noted.

Let us remind you that at the end of August the Cabinet of Ministers of Ukraine agreed to merge the Electrotyazhmash plant with the largest manufacturer of hydropower equipment Turboatom. After the reorganization, the name of JSC "Turboatom" is supposed to be replaced by JSC "Ukrainian Power Machines".

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