Job Losses.

Dáil Éireann Debate, Tuesday - 3 November 2009

Tuesday, 3 November 2009

Questions (140)

Noel Coonan

Question:

211 Deputy Noel J. Coonan asked the Tánaiste and Minister for Enterprise, Trade and Employment if her attention has been drawn to the reduction in staff numbers at a company (details supplied) in County Tipperary; her plans to assist this company; if her further attention has been drawn to the difficulties at this company; the action she proposes to take to preserve the remaining jobs and help the company survive into the future; and if she will make a statement on the matter. [38523/09]

Written answers

Tánaiste and Minister for Enterprise, Trade and Employment (Deputy Mary Coughlan)

I am aware that Taro Pharmaceuticals has announced its intention to make 20 of its 71 staff redundant at its Roscrea facility, by 1 December 2009. The redundancies were announced in response to continuing substantial losses at the Roscrea operation, due in part to the termination of contract business in Canada and the completion of an unprofitable tender contract in the UK.

Proposals are also in discussion for Taro to be acquired by Sun Pharmaceutical Industries, India.

IDA is in contact with Taro regarding the situation at the Roscrea plant and will assist the company in any way it can.