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.
Sources:
19-02-2004The Irish Times
19-02-2004The Irish Examiner
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