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For the ninth year running, 2013 once again showed results on the up for the main economic and financial figures – revenues, EBITDA and net profits for the year. The Terna share price reached a record high in November, which was subsequently exceeded a number of times in the first few months of 2014. At the root of these excellent results is sustained investment, which, as in the two previous years, amounted to over 1.2 billion euro, allocated mainly to grid extension works. For the electricity service, these investments mean a closing of the infrastructural gap with the rest of Europe, an increase in efficiency and a reduction of costs. For the Italian economy, it has also meant a direct contribution to economic growth, an aspect of no less importance during a time of continuing economic and employment crisis. In 2013, Terna employed approximately 2,300 full-time workers through contracts at its over 200 construction sites, in addition to the Group's 3,500 employees.
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