The company is still undergoing a reorganization plan agreedwith the Ministry of Labour and trade unions at the end of 2011.
But its current order backlog of EUR 6.8bn ($9bn) is insufficientto mop up the production capacity at the yards, it said today.
And last week it agreed a one-year extension to use theExtraordinary Wage Guarantee Fund (EWGF) for temporary lay-offs until August2014.