The company will continue to provide the service to its clients through contractors, said Trimo, which said it had launched an effort to become "an even more effective, market-oriented and slim production company" following the appointment of Božo Černila as Trimo's chairman in May.

This will allow the company to focus on its "key products, which rank among high-quality, innovative, aesthetic and sustainable building envelope solutions".

But the effort will have consequences for the workforce, as some will be reassigned and up to 45 will be made redundant.

Under the deal, which Peter Štrekelj, a trade unionist at the company, confirmed for the STA, those who will be made redundant will get severances that will be higher than required by law and help in finding new jobs.

Šterkelj also said that the trade union had managed to get 24 workers reassigned, but the number could still increase as others had not been laid off yet.

Trimo, whose trademarks are present in more than 60 countries, employs 375 people in Trebnje, while it also has production facilities in Serbia.

According to a report in Delo's Thursday edition, the company incurred an operating loss of EUR 1.2m last year as revenue dropped by 4% year-on-year to around EUR 100m. Net loss stood at EUR 2.5m, because the company failed to cut operating costs, Delo adds.