More than 200 manpower are available to leave the Estradas de Portugal

Already more than 200 herds in the Estradas de Portugal (EP) joined the programme of rescisões negotiated and pre - reforms that the administration of the company put in place just over two weeks. The information was advanced yesterday by the chairman of the company, outside the contract of management by objectives signed with the state shareholder.

Almerindo Marques did not want to disclose what is the objective of this programme voluntary exits, which says still be in quantify, but clarified that the rationalisation will cover more than 10 1700 employees of the Estradas de Portugal, as well as in the number of employees it has already shown willingness to leave. That does not mean, however, that those who express this intention receive the green light to leave the company. Just leave those whose heads of department do not consider essential. The EP proposes various methods since rescisões pre-negotiated until reforms for 1.5 salaries per year of house from the 55 years and offered a premium of 10% to whom joined by the end of February.

About the impact of this programme in the accounts of the EP, Almerindo Marques explained to DN that this cost will be diluted in depreciation and does not adversely affect the results. And a strong turnaround in profits is one of the "ambitious goals" that are part of the management by objectives signed yesterday. The EP will have to move from losses of one million euros in 2007, against 4.3 million in 2006 to profits of 50 million euros in 2008. In 2007, the operating results were negative in four million. This is the main target annual fixed. The objectives multiannual will only be fixed after revealed the strategic plan. The change in liabilities, the extent of the network into operation and the reduction of traffic accidents objectives will be to quantify.

The new team will have a maximum bonus to 30% of base salary if fulfil contratualizadas goals. The salaries of managers Roads range from 13850 euros gross for 14 months (chairman) and 10800 euros for 14 months (vowels).

The reduction of costs and increase in income, via concessions and services were the revenue made by Almerindo Marques who nevertheless did not specify where they would be obtained. The main revenue own EP is the contribution of the road, about 600 million euros per year, which replaces the transfer of the budget. This money should allow the company financial leverage through greater use to banking. Tolls are only now be revenue of EP after 2008 and as they were awarded the new concessions or renegotiated the three concessions Scut (roads without cost to the user) that will be charged. The payments by companies in the act Award, as the Douro Litoral this year, also continue for now to be revenue from the state. Apart from the reduction in staff, is under sale of the headquarters, next to the bridge on April 25 in the southern margin, with a value base of 40 million, and was conducted an auction of 192 cars of service. |