Industrial Development.

Dáil Éireann Debate, Tuesday - 17 February 2004

Tuesday, 17 February 2004

Ceisteanna (111)

Richard Bruton

Ceist:

196 Mr. R. Bruton asked the Tánaiste and Minister for Enterprise, Trade and Employment if she has activated the early warning response system in her Department with regard to the proposed sale of a company, details supplied, to new owners and the possible impact of restructuring on the operations at Dublin Airport; and the steps she is taking to strengthen the position of the Irish operator in any restructuring. [4668/04]

Freagraí scríofa

Tánaiste and Minister for Enterprise, Trade and Employment (Ms Harney)

In August 2002, FLS Industries announced its intention to dispose of its aerospace business as part of a disposal of non-core businesses. It is understood that the sale of FLS Aerospace (including FLS, Dublin) has not yet been completed and is subject to the approval of various regulatory authorities. IDA Ireland is closely monitoring developments and has sought an early meeting with SR Technics, the purchasers of FLS Aerospace, to discuss its future plans for the Irish operation.