asked the Minister for Finance the total amount allocated by Taiscí Stáit (a) in the last financial year and (b) in the present financial year, giving details of the recipients and purposes of the loans.
Ceisteanna—Questions. Oral Answers. - Taiscí Stáit Loans.
As the answer is in the form of a tabular statement, I propose, with your permission, a Cheann Comhairle, to have it circulated with the Official Report.
Following is the statement:
LOANS ISSUED BY TAISCI STÁIT TEORANTA.
(a) Year ended 31st March, 1968.
Recipients |
Amounts of Loans Issued (£) |
Purposes of Loans |
Avongate Milk Products Ltd. |
75,000 |
Towards cost of establishing a factory at Ballyragget, Co. Kilkenny, for the manufacture of skim milk powder. |
Carbery Milk Products Ltd. |
57,380 |
Towards cost of establishing a factory at Ballineen, Co. Cork, for the manufacture of cheese, whey powder and skim milk powder. |
Douwe Egberts (Ireland) Ltd. |
58,250 |
Towards cost of establishing a factory at Mullingar for the manufacture of pipe tobacco. |
Kerry Precision Ball Co. Ltd. |
53,000 |
Towards cost of expansion of a factory at Tralee for the manufacture of precision and semi-precision balls and ball bearing components. |
TOTAL |
243,630 |
(b) 1st April, 1968 to 9th July, 1968.
Recipients |
Amounts of Loans Issued (£) |
Purposes of Loans |
Avongate Milk Products Ltd. |
24,300 |
As above |
Carbery Milk Products Ltd. |
65,500 |
As above |
Douwe Egberts (Ireland) Ltd. |
10,000 |
As above |
Potez Aerospace Ltd. |
89,400 |
Towards the development of sub- contract work at Baldonnel for the aircraft industry. |
Semperit (Ireland) Ltd. |
83,200 |
Towards cost of establishing a factory at Dublin for the manufacture of tyres and tubes for motor cars and cycles. |
TOTAL |
272,400 |