28/04/2011
Quinn Backed By Protesting Workers
Fermanagh was in revolt today with a second protest by staff from the Quinn Group taking place this morning.
Around 200 workers and 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, (pictured).
Some of them later met with middle managers with the demonstrators once more calling for the original Quinn management to be re-instated.
And it's not just Fermanagh, as there were 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 followed 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 was 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 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, (pictured).
Some of them later met with middle managers with the demonstrators once more calling for the original Quinn management to be re-instated.
And it's not just Fermanagh, as there were 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 followed 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 was 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)
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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.
15 April 2011
Quinn Barred From Own 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.
Quinn Barred From Own 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.
14 February 2011
Irish Electorate 'Targeted' Over Paul Quinn
The parents of a man brutally murdered in a border tragedy are aiming to make an impact on the Irish Republic's electorate. Paul Quinn, from Cullyhanna, (pictured) was battered to death by a large gang of men - said to be aligned to the IRA - in October 2007, and now his grieving parents are asking the electorate to look at some specific points.
Irish Electorate 'Targeted' Over Paul Quinn
The parents of a man brutally murdered in a border tragedy are aiming to make an impact on the Irish Republic's electorate. Paul Quinn, from Cullyhanna, (pictured) was battered to death by a large gang of men - said to be aligned to the IRA - in October 2007, and now his grieving parents are asking the electorate to look at some specific points.
06 May 2010
Quinn Steps Back As Stormont Steps In
Just hours after news that Sean Quinn is to stand down from the board of the troubled Quinn Group, a Stormont nominee is to step in to co-ordinate the NI Government's response to the situation at Quinn Insurance.
Quinn Steps Back As Stormont Steps In
Just hours after news that Sean Quinn is to stand down from the board of the troubled Quinn Group, a Stormont nominee is to step in to co-ordinate the NI Government's response to the situation at Quinn Insurance.
07 May 2010
Laing O'Rourke Chase Quinn Deal
A Kent-based multi-national construction business is eyeing-up the troubled Quinn Group. Laing O'Rourke is understood to have held talks over a potential takeover of parts of its business. Delegates from the construction giant spent two days last month at the Quinn headquarters, in Co Cavan, it is reported.
Laing O'Rourke Chase Quinn Deal
A Kent-based multi-national construction business is eyeing-up the troubled Quinn Group. Laing O'Rourke is understood to have held talks over a potential takeover of parts of its business. Delegates from the construction giant spent two days last month at the Quinn headquarters, in Co Cavan, it is reported.