date:Oct 16, 2013
The Coca Cola business in Ireland has incurred pre-tax losses of 3.4 million. This came before Coca- Cola HBC Ireland Ltd announced in January that it would introduce a voluntary redundancy program, resulting in 75 job losses.
The losses last year of 3.4 million follows profits of 18 million in 2011 a major loss of 21.4million.
A note attached to the accounts states that the redundancy programme is also a means to boost the company's cost structure which set the firm back about 5.6 million.