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Dáil
‹ Ceisteanna—Questions. Oral Answers. - County Wexford Company Job Losses.

County Wexford company job losses

Summary

Albatros Fertilisers has discussed possible assistance with the Department, IDA and Fóir Teoranta; its submission is under consideration, and the Minister regrets the announced redundancies.

asked the Minister for Industry and Energy the outcome of any discussions held by his Department, the IDA or any other State agency with Albatros Fertilisers Ltd., New Ross, County Wexford on the financing of that company's losses; if he is aware of the impending job losses in the company; and the steps being taken to prevent them.

Comment on this

I understand that representatives of Albatros Fertilisers Ltd. have had separate discussions recently with officers of my Department and officials of the IDA and Fóir Teoranta, to see what assistance might be available in connection with the company's recently announced rationalisation and capital development proposals. The present position is that the IDA and Fóir Teoranta are considering a detailed submission which has just been received from the company.

I am, of course, aware of the impending redundancies recently announced by Albatros. While these job losses are to be deeply regretted, my understanding from Albatros is that this action — together with other rationalisation measures — is essential to safeguard the overall viability of the company, thereby preserving the continuation of operations at New Ross.

On a general note, I am naturally most concerned about the impact of the proposed redundancies on the New Ross area. I have, accordingly, asked the IDA to make a special effort to intensify their activities to promote further industrial development in the region.

Comment on this
John F. O'Connell An Ceann Comhairle Fianna Fáil

The remaining questions will appear on tomorrow's Order Paper.

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