Oltre 66 milioni di euro non reclamati dal regime di restituzione dei depositi

Irish consumers last year turned their back on €66.7m when they failed to cash in their deposits for drink containers through the Government’s Deposit Return Scheme (DRS).

That is according to the 2024 annual report for Re-Turn which shows that the failure by consumers to redeem the €66m worth in deposits for their drink containers was the chief reason behind the State-backed firm to record a pre-tax surplus of €51.3m for 2024.

Convenient news to drop on 8pm of a Friday night… EDIT: See my separate comment. The annual report has been out since July 25.

The article goes on to note comments from the annual report, wherein its suggested the surplus cash is going to be used to re-invest in the scheme, pay day Day 1 costs, a Revenue settlement etc. The report comments that as the scheme beds in, lesser unclaimed deposits would be expected.

Never the less, millions upon millions of pre-tax profit is hardly going to land well.

It is not “profit”, because the Re-Turn company is a specifically non-profit entity, and the money is officially ringfenced for the purposes of improving the scheme.

Among other projects, this includes a tender process for the construction and operation of a PET plastic recycling factory for Ireland, bringing jobs to Ireland. Previously PET waste was sent abroad for processing because we did not have the volumes of pure waste which would justify it.

Secondly, the unclaimed deposits are already dropping significantly… in 2025 we’re up to 91% recycling, which means unclaimed deposits are down to only 9%. As this continues to drop, the surplus will continue to reduce.

For the record, the annual report has been published for weeks. It was on the Re-Turn website from July 25.

https://re-turn.ie/re-turn-2024-annual-report/

46.5 million euro to empty the machines and bring the waste to the port? No mention of the millions they get paid for the waste.

15.7 million for “administration”? They have 29 administrators, so after the 4.6 million for marketing, thats 418,000 euro spent per administrator.

There are 12 directors who are employed by the drinks and recycling companies. They were paid an average of 50,000 euro each last year to hold 15 meetings.

They have 5 “Key Management Personel” who were paid on average 220,000 euro each last year.

Try it sometime

I’m about €300 of it as a rough estimate. Time is money and I ain’t queueing for busy machines at Dunnes before my shop. My recycling bin is just fine thank you.

That’s also 79 weeks of not hearing ‘Did you bring the recycling bottles?’ / ‘why do I have to think of absolutely fucking everything’ / ‘are you ever going to do anything with those bottles in the utility?’

€3.80 per week to not give my wife more ammo for nagging? I’d pay €10

Yet to find a machine broken or big queues but your right about the receipt. There should be an app you can use to receive the money and use anywhere

There is nothing worse than making eye contact with somebody queuing up to use one of these machines…

Well, one of the reasons is that those cunts getting really pissy when you forget to use the recipet the same day, and also the bloody ink on them rubs off really bloody easy. 😛 Just give us a bloody card to top up on like bus cards.