“The pay back period is less than two years,” the company said in a brief statement. Interbrew added that 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.
BELGIUM: Interbrew to reorganise domestic distribution
The Belgian-based brewing combine, Interbrew, has announced that it is to reorganise its distribution network Belgium in a bid to cut costs and improve efficiency. The company said it expected the measures to have a "positive influence" on its results in less than two years.