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Nampak reorganises European blow moulding business
South African packaging giant Nampak (www.nampak.co.za), Sandton, is concentrating all of its EUR 200m European blow moulding business in a new company, Nampak Plastics Europe. The reorganisation, which will join plastics operations in the UK, Holland, Belgium and France under one centralised management, will cost an unquantified number of administrative jobs. However, new chief executive John Monks said "this is essential to reduce costs and eliminate the overlap and duplication of the past."
12.06.2003 Plasteurope.com [14550]
Published on 12.06.2003