Written answers

Wednesday, 11 July 2012

Department of Enterprise, Trade and Innovation

Industrial Development

9:00 pm

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail)
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Question 114: To ask the Minister for Jobs, Enterprise and Innovation if he will ensure that all possible support is given by the State's industrial promotion agencies to assist with the resumption of production at a factory (details supplied); and if he will make a statement on the matter. [33915/12]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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The High Court appointed a provisional liquidator to the company concerned on 6 June last. The assets, goodwill and undertaking of the business were advertised for sale on 8 June. However, one of the powers given by the Court to the liquidator was to grant a license to continue to trade in the short term. A license agreement was concluded between the liquidator and a new company on 7 June. Sales commenced on 8 June under the short term licence. The provisional liquidator has sold the assets and business of the company concerned to the new company. This was completed and approved by the High Court on 15 June last.

Enterprise Ireland is continuing to liaise with the business concerned and will offer any assistance possible that it can to explore opportunities to develop and grow the business. The agency has offered to meet the new owners and is awaiting confirmation of a meeting to discuss the company's plans.

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