Oireachtas Joint and Select Committees

Tuesday, 7 May 2013

Joint Oireachtas Committee on Agriculture, Food and the Marine

Sale of Coillte's Harvesting Rights: Discussion with Society of Irish Foresters

4:30 pm

Dr. Gerhardt Gallagher:

There was an estimate of €20 million per annum in profits for Coillte. That was built into the calculation of what the sale should achieve. Discounted, that worked out at €500 million, which was part of the €700 million figure.

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