Dáil Éireann Debate, Tuesday - 2 April 2019
460. Deputy Michael Fitzmaurice asked the Minister for Transport, Tourism and Sport if a company (details supplied) is in receipt of and entitled to receive State subsidies or subsidies from the European Union; and if he will make a statement on the matter. [15374/19]
View answerLuas is operated under a gross cost contract which was awarded to Transdev after a competitive tender jointly by Transport Infrastructure Ireland (TII) and the National Transport Authority (NTA). I can advise the Deputy that currently the revenue taken for services, which accrues to TII, is more than the fee paid to Transdev to operate the services. There are therefore no subsidies involved from the Exchequer or from the EU.
