Organisation - November 17, 2005

Out of the red

Research institute Alterra is expected to make a profit of at least half a million euros this year. According to the managing director Wallie Hoogendoorn the increase in profit is due to the growth in the number of assignments and the success of the redundancy plan. Alterra had expected to make a loss this year of about 100,000 euros, but this turned out to be too pessimistic. According to Hoogendoorn, Alterra has had more contracts from the ministry of agriculture than they had expected. Our policy of not renewing temporary contracts has also been successful. We have helped them to find other jobs, which means our unemployment premiums have declined. A sufficient number of employees have also taken early retirement. These measures mean that Alterra has been able to avoid a full-scale reorganisation. / KV

Re:act