Pretersa shift cuts
The company's workforce adjustment plan, the result of reduced funding levels, will affect 193 out of its 211 workers and has already led to delays and cancellations of some projects.
Senior figures at Pretersa Prenavisa expect many workers will only lose 60 to 70 working days during the year, mainly in winter, when projects are suspended due to unfavourable weather conditions.
In 2010 the company posted a €49.29million turnover, while in 2011 it expects to record turnover of around €30million. The company's subsidiary in France represents 40% of its business volume.