EMCC European Monitoring Centre on Change

CG Services

Company/Organisation:
CG Services

Geographic Location

Country: Ireland
Region: South-West (IRL); Southern and Eastern

Company

Sector: Utilities
Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Number Employed: 120

Employment Effects

Announcement Date: 13-02-2004
Planned Job Reductions min: 120
Planned Job Reductions max: 120
Type of Restructuring: Bankruptcy/Closure
Employment Effect Start: 01-02-2004
Foreseen End Date: 01-03-2004
Direct Dismissals: 120

Additional Information

CG services has gone into voluntary liquidation. It operated electrical contracting services and process instrumentation for manufacturing firms. The company attributed the closure to the global downturn and increased competition. The union at the plant, the Technical Engineering and Electrical Union (TEEU) suggested that all the workers are highly skilled.