Gallaher which makes Silk Cut and Benson & Hedges cigarettes in the UK is to close its Dublin factory as part of a move which will see 430 jobs axed as it restructures its European operations.

Group operations director, Nigel Dunlop, said: “Any proposal to reduce jobs is regrettable, particularly when our employees contribute so much to the success of the Group.

“However, the restructuring of our European operations will enable Gallaher to remain at the forefront of operational efficiency and help to ensure the long-term success of the group and its employees.”

The plans follow the closure of its Malmö factory in Sweden last year, with the incorporation of cigarette production into the Austrian factories and handrolling tobacco production into the Lisnafillan factory, located in Northern Ireland.