Oireachtas Joint and Select Committees

Tuesday, 9 June 2015

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Strategic Plan: Bord na Móna

1:30 pm

Mr. Michael Barry:

I will pick up on that. Our starting point with regard to ownership is that it is first a matter for the primary shareholder being the State. On saying that, we believe the company can function very well in State ownership and we have proven that we can access the global capital markets. We are comfortable that within State ownership we can continue to grow the company, finance our development and deliver a return for the shareholder. Any decisions with regard to flotation or privatisation are matters for the shareholder. It is our job as the management team to run the business, regardless of the ownership structure.

Comments

No comments

Log in or join to post a public comment.