Written answers

Tuesday, 19 May 2009

Department of Enterprise, Trade and Employment

Company Closures

12:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 142: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the actions she, An Taoiseach and the Industrial Development Authority are taking to facilitate the remaining expressions of interest in a company (details supplied) and to maintain the 1,200 jobs and centre of aviation engineering and maintenance excellence at Dublin Airport; and if she will make a statement on the matter. [20330/09]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
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Since the announcement by SR Technics on 12 February this year IDA Ireland and Enterprise Ireland have worked with SR Technics in order to find the best possible solution. IDA Ireland and Enterprise Ireland established a team to market the operation internationally through their overseas office network and received over 16 expressions of interest in the facility. The team contacted the companies to evaluate their level of interest in the operation and to encourage them to put forward investment proposals to take over all or part of the operation.

In all, SR Technics received over 30 expressions of interest in the operation and received five bids from interested parties for parts of the business and carried out their assessment on those bids. It was intended that, following the assessment process, SR Technics would select a successful bidder following which the State agencies, IDA Ireland or Enterprise Ireland, would evaluate the proposal to ascertain if the agencies could support the proposal submitted.

I will continue to work with the IDA, Enterprise Ireland and the Dublin Airport Authority as well as the remaining bidders and any other interested parties to maximise the employment opportunities at the plant in addition to the 250 plus jobs which will remain in line maintenance and design.

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