Written answers

Tuesday, 28 January 2014

Department of Public Expenditure and Reform

State Bodies Mergers

Photo of Brendan SmithBrendan Smith (Cavan-Monaghan, Fianna Fail)
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326. To ask the Minister for Public Expenditure and Reform if he will outline the up-to-date position regarding the proposal to merge Coillte and Bord na Móna; and if he will make a statement on the matter. [4290/14]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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The House will be aware that in the context of the Programme for Government commitment to create a streamlined and refocused commercial state company in the bio-energy and forestry sectors, the Government decided in June 2013 that an evaluation would be carried out on how to give effect to a beneficial merger of Coillte and Bord na Móna.  This work is now nearing completion.  A draft report on the financial costs and benefits of a merger was prepared by NewERA in conjunction with the companies and circulated to relevant Departments in late 2013.  The draft report is currently under discussion with the Departments, and is expected to be finalised shortly and submitted to the relevant Ministers for consideration myself, the Minister for Agriculture, Food and the Marine and the Minster for Communications, Energy and Natural Resources. I expect that a recommendation on the matter will be brought to Government shortly thereafter.

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