Largo Foods Exports Ltd, Gaoth Dobhair Business Park

3 April, 2009

min read

An tÚdarás regrets the decision taken by Largo Foods Export Ltd to lay off a total of 123 full time equivalent jobs in its subsidiary companies on the Gaoth Dobhair Business Park.

The company has had to take this decision due to increased competition in the market, the unfavourable Euro/Sterling exchange rate and high production costs. Certain production activities carried out by the Largo Foods subsidiary companies on the Gaoth Dobhair Business Park will be transferred to its automated production plant in Ashbourne, Co. Meath. Údarás understands that this decision is necessary to secure the business into the future.

An tÚdarás welcomes the decision by Largo Foods Exports Ltd to continue its development and production of high value-added products on the Gaoth Dobhair Business Park and An tÚdarás will work with the company on a continuous basis in its efforts to develop and sustain its business.

Arrangements will be made with employees who are to lose their jobs to register with Údarás na Gaeltachta if they are interested in receiving information on employment opportunities or improving their skills. An tÚdarás will continue its efforts to attract new investment to the area.