My Department operates an early warning system of firms in difficulty and where jobs are at risk. The system applies to firms that have been assisted by the Industrial Development agencies operating under the aegis of my Department. Notifications of firms in difficulty and where jobs are at risk are received from these agencies as soon as the agencies become aware of the situation.
I should point out that the information is provided on a confidential basis and it must remain confidential as, invariably, it is commercially sensitive information. Such information could be of benefit to national or international competitors in the context of industrial projects already established in this country and our ability to attract further projects in the future.
The Industrial Development agencies are in regular contact with their clients. For example, when Enterprise Ireland is made aware of jobs at risk, it engages closely with those client companies reporting difficulties or potential job loses to determine what appropriate proactive measures can be put in place by the Agency to prevent or minimise the job losses.
When IDA Ireland becomes aware of a company's intention to either downsize or cease operating in Ireland, it works with the client company to safe guard/influence/minimise the number of job losses through offering relevant interventions to assist their companies in improving competitiveness; enhance their use of technology; grow the skills of their employees; engage in research, development and innovation or develop their business processes.
Similarly, as soon as Shannon Development the agency becomes aware of jobs at risk, it proactively engages with the company to offer whatever supports are available to minimise the impact as regards job losses. I would like to assure the Deputy that the Industrial Development agencies would look to anticipate potential problems and are always prepared and available to assist companies in whatever way they can in order to minimise or avoid job losses if at all possible.