Trade unions in Belgium have been quick to reassure their members employed by Interbrew that their jobs are safe, following comments by the company's chief executive.

At a luncheon on Friday, John Brock was quoted as saying that the Belgian brewer does not need all the 75 breweries that it owns. "We must be better-integrated and more efficient," Brock was quoted as saying.

A spokesman for Belgian Trade Union FGTB said on Sunday that the brewer's Belgian operations are not expected to be subject to job cuts.

Seperately, Interbrew has told the Belgian Finance Minister that it will keep its headquarters in the country, according to press reports. The brewing giant had been considering moving to Luxembourg or another low-tax location.

Brock met on Friday with Reynders and Belgian Prime Minister Guy Verhofstadt, Le Soir reported.