Dáil Éireann Debate, Wednesday - 2 May 2018
112. Deputy Niamh Smyth asked the Minister for Business, Enterprise and Innovation the actions she is taking to protect jobs at a company (details supplied) in County Cavan in view of the recent media reports. [19246/18]
Amharc ar fhreagraThe announcement by CG Power Systems Ireland that it is to reduce the number of employees at its Cavan facility is deeply regrettable. The Government and IDA Ireland did everything possible to avert these job losses. We engaged intensively with CG Power over the last number of months and I met with its senior management in April. Unfortunately, the company has informed us that, due to increasing cost pressures, it had no option but to seek a number of redundancies. While this is obviously very disappointing, we understand the redundancies are being sought on a voluntary basis and as part of a wider effort to put the plant back on a sustainable footing. The company has also made it very clear that they intend to remain in Cavan and my Department, together with IDA Ireland, will do everything it can to support its future success.
