Written answers

Tuesday, 24 February 2009

Department of Enterprise, Trade and Employment

Company Closures

11:00 pm

Photo of Brian O'SheaBrian O'Shea (Waterford, Labour)
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Question 63: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the contacts she has had with persons seeking to purchase a company (details supplied) with a view to keeping it operating as a going concern; if she has received a request for assistance from those involved; and if she will make a statement on the matter. [7257/09]

Photo of Brian O'SheaBrian O'Shea (Waterford, Labour)
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Question 72: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the assistance she will provide to employees of a company (details supplied) in their efforts to save their jobs; and if she will make a statement on the matter. [7258/09]

Photo of Caoimhghín Ó CaoláinCaoimhghín Ó Caoláin (Cavan-Monaghan, Sinn Fein)
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Question 82: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the correspondence that has taken place between herself and a company (details supplied) in relation to the acquisition of another company as a going concern. [7321/09]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
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I propose to take Questions Nos. 63, 72 and 82 together.

I have been directly involved in the on-going situation in Waterford Crystal for some time now. Both myself and my Senior Officials have engaged in a series of meetings relating to the future of this company. The company is currently in receivership. I have met with the Receiver, on a number of occasions since his appointment last month. The Receiver, himself, has had discussions with parties who have expressed an interest in becoming involved in the future of the company. The Receiver's objectives include, inter alia, negotiation of a sale that would secure the maximum number of jobs in Waterford and the continuation of Waterford Crystal as a going concern.

I have also met with certain parties who might be interested in becoming involved with Waterford Crystal. These discussions are commercially sensitive and must remain confidential. I should also say that the company is a client of Enterprise Ireland and that agency is also providing every assistance it can at present. I am very much aware of the concerns of all the people in Waterford City and County and, indeed, the South East Region as a whole. As recently, as last Wednesday, I met with a delegation from Waterford Chamber of Commerce to discuss the ongoing situation. I am most anxious to see a satisfactory outcome to the work of the Receiver in the interests of both the workers and the economy in the City and its environs.

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