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28/04/2011
Cross Border Supporters Back Quinn Stewardship
There's a cross-border campaign underway today in Co Fermanagh with a second protest by staff from the Quinn Group taking place.
Around 200 workers and their supporters have again gathered outside the company's headquarters in Derrylin as a show of support for the firm's founder, local entrepreneur, Sean Quinn.
And it's not just Fermanagh, as there are representatives from both sides of the Irish border involved in the newly formed Cavan, Fermanagh, Leitrim Action Group, who say they represent staff.
Today's new protest follows another on Tuesday, when protesters staged a sit-in at the Quinn Group HQ and said it was a show of support for the founder of the company.
Anglo Irish Bank recently appointed accountants KPMG to take control of the Quinn family shares in the business and appointed a new management team - effectively excluding the famous founder and all his family from the business he founded, but floundered with Mr Quinn and his family owing the bank £2.5bn.
This is the third such protest as, on 18 April, a 20 tonne truck was abandoned outside the group headquarters in Derrylin.
The dumper truck was driven through the main entrance, crashing past number of bollards.
Job security is a continuing concern for the workers, despite all jobs in the Republic of Ireland and NI having been transferred to the joint venture after a five-year restructuring plan was agreed between Anglo and the Quinn Group's lenders, aimed at stabilising the businesses, which are described as "fundamentally good and profitable".
Quinn Group's new Chairman Pat O'Neill told BBC NI that the financial restructuring was "essential for the survival of the business", and said more than 2,600 jobs would be protected.
(BMcC/GK)
Around 200 workers and their supporters have again gathered outside the company's headquarters in Derrylin as a show of support for the firm's founder, local entrepreneur, Sean Quinn.
And it's not just Fermanagh, as there are representatives from both sides of the Irish border involved in the newly formed Cavan, Fermanagh, Leitrim Action Group, who say they represent staff.
Today's new protest follows another on Tuesday, when protesters staged a sit-in at the Quinn Group HQ and said it was a show of support for the founder of the company.
Anglo Irish Bank recently appointed accountants KPMG to take control of the Quinn family shares in the business and appointed a new management team - effectively excluding the famous founder and all his family from the business he founded, but floundered with Mr Quinn and his family owing the bank £2.5bn.
This is the third such protest as, on 18 April, a 20 tonne truck was abandoned outside the group headquarters in Derrylin.
The dumper truck was driven through the main entrance, crashing past number of bollards.
Job security is a continuing concern for the workers, despite all jobs in the Republic of Ireland and NI having been transferred to the joint venture after a five-year restructuring plan was agreed between Anglo and the Quinn Group's lenders, aimed at stabilising the businesses, which are described as "fundamentally good and profitable".
Quinn Group's new Chairman Pat O'Neill told BBC NI that the financial restructuring was "essential for the survival of the business", and said more than 2,600 jobs would be protected.
(BMcC/GK)
Related Irish News Stories
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02 October 2012
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
04 October 2012
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
01 November 2012
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
12 December 2013
Stolen Tanker Driven Into Former Quinn Group HQ
A stolen oil tanker has been driven into the gates at the former headquarters of the Quinn Group in Derrylin, Co Fermanagh. The incident happened at around 11pm on Wednesday, causing damage to the site. There are no reports of any injuries.
Stolen Tanker Driven Into Former Quinn Group HQ
A stolen oil tanker has been driven into the gates at the former headquarters of the Quinn Group in Derrylin, Co Fermanagh. The incident happened at around 11pm on Wednesday, causing damage to the site. There are no reports of any injuries.
15 April 2011
Sean Quinn Forced Out Of Insurance Firm
A leading Irish entrepreneur is to loose control of the insurance business he personally founded after it ran into financial problems. Sean Quinn and his family will no longer have any role in the management of the Quinn Group following a restructure.
Sean Quinn Forced Out Of Insurance Firm
A leading Irish entrepreneur is to loose control of the insurance business he personally founded after it ran into financial problems. Sean Quinn and his family will no longer have any role in the management of the Quinn Group following a restructure.
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Ireland WeatherThis Evening and Tonight:A dry evening with long clear spells allowing a slight frost and a few fog patches.Western counties will cloud over towards morning, perhaps bringing some patchy light rain. A southerly breeze springing up. Minimum temperature 0 °C.
