33 Mr. Bell asked the Tánaiste and Minister for Enterprise, Trade and Employment the discussions her Department has had with the receiver of a company (details supplied) in County Louth regarding the future of this fish processing plant; the efforts which have been made to secure a replacement company; if her attention has been drawn to the serious loss of revenue to the village area and also the loss to the fishing industry; and if she will make a statement on the matter. [12123/02]

The future of a company is a matter for the company concerned and, where appropriate, the industrial develop ment agencies and is not one in which I have a direct function. I am informed by Enterprise Ireland, the State agency of my Department with responsibility for indigenous industry, that a receiver was been appointed to the seafood processing company Red Sail Limited from 10 January 2002. The issue of securing a purchaser for the company's assets is in the hands of the receiver. Enterprise Ireland has had ongoing contact with the receiver and has provided him with details of potential investors in the company. In this regard, Enterprise Ireland has been advised that tender sale documents were issued to prospective buyers last week. The final date for receipt of offers is 2 May and it will take a further two weeks for offers to be considered by the receiver.