Oireachtas Joint and Select Committees

Tuesday, 30 June 2020

Special Committee on Covid-19 Response

Impact of Covid-19: Arts and Entertainment Sector

Mr. David Mongey:

I would like to add one further point to Deputy Ó Cuív’s question which is something that has not been mentioned, but grants would be very beneficial to our industry. There are many companies involved in the industry that have large quantities of stock in their warehouses that have been inactive for the year and on which much money is owed to the banks. As we know, the banks are only giving certain limits to their extension schemes. I know from sources in the industry that there could be up to €20 million worth of stock and equipment around the country for this major industry. We would be grateful if this could be considered by this committee in terms of supporting that side of the business.

Comments

No comments

Log in or join to post a public comment.