Written answers
Wednesday, 12 November 2025
Department of Enterprise, Trade and Employment
Company Closures
Carol Nolan (Offaly, Independent)
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437. To ask the Minister for Enterprise, Trade and Employment if he has been made aware of a company (details supplied) having entered receivership; if his Department has engaged with the Ireland based operators of the company to offer support and assistance to the affected employees; and if he will make a statement on the matter. [61026/25]
Eoghan Kenny (Cork North-Central, Labour)
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445. To ask the Minister for Enterprise, Trade and Employment for an update on the engagements between his Department and a company (details supplied); and if he will make a statement on the matter. [61292/25]
Martin Daly (Roscommon-Galway, Fianna Fail)
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455. To ask the Minister for Enterprise, Trade and Employment the supports being made available to workers affected by a receivership (details supplied) particularly those based in the west of Ireland; and if he will make a statement on the matter. [61483/25]
Alan Dillon (Mayo, Fine Gael)
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I propose to take Questions Nos. 437, 445 and 455 together.
My thoughts are with all those affected by the receivership of the Nuvion Group (Fastway and others). I know this news is difficult and distressing for all involved.
Receivership is a long-standing legal mechanism for the enforcement of a security. Usually in Ireland, a receiver is an individual appointed by a lender, such as a bank, to take control of a company's or individual's assets that were used as security for a loan. In general, a receiver’s primary function is to secure the assets of the company, which have been mortgaged or charged in favour of the security holder who appointed him or her, and realise those assets so that the secured creditor’s debt is repaid as quickly and efficiently as possible.
Receivers are independent in the exercise of their functions, and I cannot intervene in such matters.
I received a collective redundancy notification from the receivers of the Nuvion Group on 31 October 2025. I understand the receivers are currently undertaking the 30-day consultation with employees’ representatives, as required by law.
In general, where an Irish employer has become insolvent, the entitlements of the former employees of the insolvent company are protected under the Redundancy Payments Scheme and Insolvency Payments Scheme. These schemes guarantee employees’ statutory redundancy payments and certain wage-related entitlements, such as arrears of wages, minimum notice, sick pay and holiday pay. The Schemes are administered by the Department of Social Protection on my behalf. Payments are made from the Social Insurance Fund and are subject to certain limits.
The employer representative, such as a receiver, is responsible for applying under the Redundancy and Insolvency Payments Schemes on the employees’ behalf.
The Department of Social Protection is engaging directly with the receivers and the affected employees in this case to provide the necessary information and support during this time. I have ensured that this includes clarification that there is no statutory bar on employees taking up additional employment, in circumstances where they are not expected to attend work, and that provided employees do not resign their posts this should not affect their redundancy entitlements.
Processing of statutory redundancy or other wage-related claims to the Redundancy and Insolvency Payments Schemes cannot occur until actual termination of employment has taken place. This is because the entitlements under these schemes flow from the cessation of employment and other statutory conditions, and the application under the Schemes cannot be finalised until after termination of employment.
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