The bill to Swiss pharma giant, Roche in decommissioning and demolishing its County Clare plant has totalled €23.3 million over the last two years. New accounts show that Roche Ireland Ltd last year recorded losses of €24.17m as its bill concerning its decision to exit manufacturing here continued to mount. The loss of €24.17 million last year followed losses of €34.55 million in 2020. The plant was once one of the most prestigious places of employment in the Midwest and the Swiss-owned pharma giant announced its decision in 2016 to shut down its Clarecastle plant with the loss of 240 jobs. After the firm failed to secure a buyer for the pharma site, it set about decommissioning the site and demolishing its fine chemical manufacturing plant “to a brown field status”. In line with the plant’s closure plan, the company ceased all manufacturing in 2019 and completed all sales of product by January 2020. The €16.8 million decommissioning and demolition bill last year follows …
Read More »Councillors divided over €10m Ennis plan
Political manoeuvring will intensify amongst Clare county councillors ahead of a council meeting next Monday to secure support for a controversial €10 million loan for what has been described as a new public-private partnership to provide a major development facelift for Ennis. Ennis 2040 Designated Activity Company (DAC) has been registered as a company to assist in formulating identified opportunities for development and employment in Ennis and making the town an attractive place to live and work. The new high powered committee, which is chaired by former Roche Clarecastle chief executive, Gerry Cahill, includes TTM Healthcare Ennis chief executive Brian Crowley, Kieran Considine, head of AIB in Clare, Limerick and Kerry, Corporate Excellence Ireland chief executive, Linda Barron, Councillor Claire Colleran-Molloy, economic director of service, Liam Conneally and director of finance, Noeleen Fitzgerald. It is expected that Councillor Johnny Flynn and Councillor Ann Norton will become members of the board in the near future. This plan is expected to generate …
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