E-Malt.com News article: 461

The Belgian giant brewer, Interbrew, has reported its intention to reorganise its distribution network Belgium in order to cut costs and improve efficiency. The company expects the measures to have a "positive influence" on its results in less than two years. "The pay back period is less than two years,” Interbrew said. The reorganisation, which it expects to complete by the end of 2003, would involve the loss of 27 jobs, which had already been made provision for in the group's 2002 accounts, the company added.

20 December, 2002