I propose to take Questions Nos. 104 and 105 together.
While no redundancies are proposed at present, I am naturally concerned that Ballinamore Textiles Limited is experiencing difficulties in filling its order book, which it attributes to the intense competition from low cost countries. The downturn in sales has forced the company to temporarily lay off a number of employees with effect from 17 October 1997. In discussing the current situation with the unions, I understand that Ballinamore Textiles, while expressing an optimistic note for its future viability, cautioned of the risk of redundancies if business does not improve.
I am aware that the company is currently pursuing new sales opportunities in both Ireland the UK. In this regard, I have asked IDA Ireland to do everything possible within its remit to assist the company. In addition, Ballinamore Textiles is also in close contact with IBEC regarding the possibility of obtaining new sales outlets.
The current situation at Ballinamore is very fluid. If new customers are found, it may enable the company to minimise the duration of the layoff period. The company has given a commitment to the unions to keep the employees fully briefed on developments over the coming weeks.