The parent company in Jack Ronan’s Vita Cortex group has ceased trading, in spite of reducing its accumulated losses by €780,000 last year, new figures show.

Firms at Jack Ronan’s Vita Cortex group recorded net losses of €2.3 million last year, new figures show.

Five firms in Jack Ronan’s Vita Cortex Group recorded combined profits of €7.5m last year.

TWO senior executives of the Vita Cortex operation in Cork received severance pay in excess of the amount needed to secure agreed redundancy payments for the 32 workers engaged in a sit-in at the plant.

“WE’RE not giving up without a fight.”