Written answers
Tuesday, 19 February 2008
Department of Enterprise, Trade and Employment
Departmental Agencies
9:00 pm
Martin Ferris (Kerry North, Sinn Fein)
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Question 372: To ask the Minister for Enterprise, Trade and Employment if the Industrial Development Authority supported companies which have ceased to operate or which have laid off substantial numbers of their employees are liable to reimburse the authority for any investment funds received; and if so, the sums that have been reimbursed over the past ten years. [6162/08]
Micheál Martin (Cork South Central, Fianna Fail)
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Where IDA supported companies close or lay off substantial numbers of employees during the period of the grant agreement they are liable to reimburse the Agency for funds received except for Training Grants. In the 10 year period 1998 to 2007 grant repayments amounting to €207,616,000 were made to the Agency. The amount repaid in each of those years is set out in the tabular statement.
Table showing the amount of grants repaid to IDA Ireland in respect of each of the Years 1998 to 2007.
Grant Recovered 1998-2007 | |
Year | €'000 |
1998 | 30,592 |
1999 | 15,409 |
2000 | 15,213 |
2001 | 21,419 |
2002 | 41,806 |
2003 | 24,569 |
2004 | 21,910 |
2005 | 11,350 |
2006 | 10,776 |
2007 | 14,572 |
Total | 207,616 |
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