Dáil Éireann Debate, Tuesday - 24 July 2018
1267. Deputy Niamh Smyth asked the Minister for Business, Enterprise and Innovation the actions she is taking to protect jobs at a company (details supplied) in County Cavan in view of recent media reports. [34055/18]
View answerThe announcement, earlier this year, by CG Power Systems Ireland that it planned to reduce the number of employees at its Cavan facility was deeply regrettable. The Government and IDA Ireland did everything possible to avert these job losses. The IDA has been engaging intensively with CG Power and I met with its senior management in April. Unfortunately, the company informed us at the time that, due to increasing cost pressures, it had no option but to seek a number of redundancies. I was pleased to hear that all redundancies were on a voluntary basis.
IDA Ireland continues to work closely with the company and support it as it undertakes a significant transformation programme aimed at addressing the key challenges facing the company. The company has made it clear that it intends to remain in Cavan, and my Department, together with IDA Ireland, will do everything it can to support its future success.
