GDANSK, Nov 29 (Reuters) - Polish utility Tauron (TPE.WA) , opens new tab does not plan to introduce a voluntary departure program to optimise its employee costs, CEO Grzegorz Lot said on Friday.

"The company is not currently planning a voluntary departure program. Of course, we pay close attention to costs. However, the amount of work ... the number of activities and investments is so large that our employees are very much needed," Lot said at a press conference.

If Tauron shuts down its coal units, the resulting employment issue would be solved by other means, such as offering employees an early retirement or work elsewhere in the group, he added.

Poland has agreed to stop mining coal for energy production by 2049 and is working on a new version of the national energy and climate plan that it must submit to the European Commission. The European Union targets carbon neutrality by 2050.

Tauron's net profit rose 65% year-on-year in the third quarter of 2024, mainly due to lower costs.

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https://www.reuters.com/markets/commodities/tauron-has-no-plans-voluntary-departure-program-ceo-says-2024-11-29/