Road hauliers are expressing serious concerns about the closure of Holyhead Port, predicting that many haulage companies could go out of business by the end of next month. Approximately €2 billion worth of goods are currently stranded on both sides of the Irish Sea due to the port closure, which resulted from damage caused by Storm Darragh. There are significant …
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Kerry Co-op shareholders have approved the acquisition of dairy processing assets from Kerry Group in Killarney, Co Kerry. Farmers from across Munster convened at the Gleneagle Hotel’s INEC to vote on the transaction, resulting in the co-op purchasing Kerry Group’s dairy processing assets for €500 million. This agreement provides a path for farmers and shareholders to convert €1.4 billion worth of …
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Since its introduction three years ago, the Small Company Administrative Rescue Process (SCARP) has successfully helped preserve over 1,000 jobs, according to new statistics. The initiative is designed to assist small businesses in restructuring their debts out of court, with a focus on those considered financially viable. Under SCARP, an appointed process adviser works with the business and its creditors …
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The Daily Star Ireland