17-01-2012, 16:17
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#1
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Local Liaison Officer
Join Date: Dec 2006
Posts: 5,442
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[Article] Irish rail business faces closure as contract goes to English firm
http://www.irishtimes.com/newspaper/...310361685.html
Quote:
Irish rail business faces closure as contract goes to English firm
An Irish-based railway maintenance firm faces going out of business with the loss of 43 jobs due to Iarnród Éireann’s decision to award a contract to a rival firm based in England, the Commercial Court has been told. The contract is worth about €32 million over five years.
Lloyd Rail has brought proceedings aimed at overturning the decision last November to award a rail track operation and maintenance tender to Balfour Beatty Rail in Surrey. Mr Justice Peter Kelly yesterday granted Iarnród Éireann’s application to fast-track the action in the Commercial Court.
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