Smurfit Kappa intends to cut €50m travel bill in half
CEO Tony Smurfit says pandemic has shown that much of the company’s international travel between its operations was unnecessary
Smurfit Kappa, the paper and packaging giant, is to slash its annual €50 million travel bill in half, according to its chief executive.
Tony Smurfit said the Covid-19 pandemic had shown that much of the company’s international travel between its operations across the world was unnecessary.
“We spent about €50 million a year in Smurfit Kappa on travel and entertainment. You sit back and say ‘was that necessary, to go to Amsterdam for...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Fall in share-related payments to staff at Dropbox’s Irish office
The firm announced it was culling 11 per cent of its workforce in order to weather tough economic conditions
Aryzta needs cash buffer against risky US sell-off, warn brokers
Analysts say Covid-19 could halt the sale of American holdings which are key to the Irish-Swiss food giant’s survival