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Galway Bay FM News Archives

D-Day for city construction firm owed €4m by the Govt

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Date Published: 19-May-2011

BY ENDA CUNNINGHAM

Next Monday is ‘D-Day’ for a major Galway construction company which is facing collapse, unless it can secure a cash injection of between €4m and €5m.

Cordil Construction – which temporarily laid off 51 employees and more than 400 subcontractors last week – is facing collapse unless bank funding is secured, or almost €4m for work on Government contracts is paid up.

A company spokesperson told the Galway City Tribune: “Negotiations are ongoing, we have no control over the pace of the [banks’] decision, but we’re still hopeful of a positive outcome.

“Last week, we created a [two week] window opportunity for a resolution to be found. Perhaps they’re taking this time to do due diligence. It was certainly a positive thing that the matter was discussed in Dáil Éireann for 30 minutes last Thursday.

“Next Monday or Tuesday is D-Day. Either we get the money owed from the State or a temporary facility from the bank. If both fail, we have to face the reality,” the spokesperson said.

Because of strict conditions imposed on all new Government contracts, the company is forced to pay for supplies and subcontractors ‘up front’ – it’s understood Cordil is owed almost €4m from work completed and work in progress on Department of Health and Dept. of Education contracts.

Cordil is currently working on 15 projects around the country worth a total of €27m – including seven major Government schemes.

Read more in today’s Galway City Tribune

Galway Bay FM News Archives

Galway ‘Park and Ride’ could become permanent

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Date Published: 07-May-2013

A park ‘n’ ride scheme from Carnmore into Galway city could become a permanent service if there is public demand.

That’s according to the Chief Executive of Galway Chamber of Commerce, Michael Coyle.

The pilot scheme will begin at 7.20 next Monday morning, May 13th.

Motorists will be able to park cars at the airport carpark in Carnmore and avail of a bus transfer to Forster Street in the city.

Buses will depart every 20 minutes at peak times and every 30 minutes at offpeak times throughout the day, at a cost of 2 euro per journey.

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Galway Bay FM News Archives

Tuam awaits UK hay import as overnight rainfall adds to fodder crisis

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Date Published: 09-May-2013

Tuam is now awaiting a third import of hay from the UK as overnight rainfall has increased pressure on farmers struggling to source fodder.

A total of ten loads are expected at Connacht Gold stores throughout the West with a load expected at the Airglooney outlet this evening or tomorrow.

Farmers throughout the county have been struggling to cope with the animal feed shortage and a below than normal grass growth due to unseasonal weather conditions.

Overnight rainfall in the Galway area has also added to the problem making ground conditions in many areas are quite poor.

Joe Waldron, Agricultual Advisor with Connacht Gold says farmers in short supply can contact the Airglooney outlet on 093 – 24101.

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Galway Bay FM News Archives

Transport Minister urges end to Bus Eireann strike action

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Date Published: 12-May-2013

The Transport Minister is urging drivers at Bus Éireann to engage in talks with management, in an effort to bring their strike action to an end.

There were no Bus Éireann services operating out of Galway today as a result of nationwide strike action by staff affiliated with the national bus and rail union.

Up to 20 Bus Éireann drivers are continuing to picket outside the bus depot at the docks in the city this evening.

Drivers from other unions have decided not to cross the picket line and go into work today – causing the disruption to be even worse.

Bus drivers are protesting against five million euro worth of cuts to their overtime and premium pay – cuts which Bus Eireann says are vital to ensure the future viability of the company.

The majority of services nationwide are disrupted, and the union say strike action will continue until management are willing to go back into negotiations.

However, it’s not expected to affect school services next week.

Galway bay fm news understands that around 70 percent, or over 100 Galway bus Eireann drivers are affiliated with the NBRU.

 

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