Organisation - May 11, 2006

Alterra recovers

Environmental research institute Alterra has recovered financially after considerable cuts. It has even readjusted its profits forecast, and expects to end the year with a 2.5 million euro profit, 1.5 million more than expected at the beginning of this year. Alterra scrapped about one hundred jobs in the last few years, mainly by not renewing temporary contracts and giving employees an early retirement option. The measures were needed to pull Alterra out of the red. General director Professor Wim van Vierssen: ‘Things are going well. Productivity per employee has risen sharply as a result of the measures.’ Alterra’s portfolio for this year is already full. / KV

Re:act