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Dáil Éireann debate -
Thursday, 18 Dec 1986

Vol. 370 No. 15

Written Answers. - Siúicre Éireann Teoranta.

18.

asked the Minister for Agriculture if the balance of money, authorised under the Sugar Manufacture (Amendment) Act, 1982, will be allocated to Siúicre Éireann Teoranta.

The Sugar Manufacture (Amendment) Act, 1982, authorised an increase in the share capital of Siúicre Éireann Teoranta from £10 million to £75 million. Since then a total of £50 million has been invested by the Government bringing the total capital issued to £57 million. The question of providing further equity investment is being reviewed as part of ongoing consideration of the company's overall situation and finances and the progress being made to achieve viability.

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