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.
News Image
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)

Related Northern Ireland News Stories
Click here for the latest headlines.

02 December 2020
Executive Urged To Make One-Off 'Gratitude' Payment To Healthcare Workers
The Northern Ireland Executive has been urged to follow the lead of the Scottish government and provide a one off payment to their health and care sector staff of £500. Making the call, SDLP Health Spokesperson Colin McGrath said: "We owe a huge debt of gratitude to our health and care workers.
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.
27 April 2021
Modern Tyres To Create Over 20 New Jobs
Modern Tyres has announced it is to create over 20 new jobs. The jobs are part of a £5.6million investment to diversify its commercial products and services offering. The company has established a new division, Modern Wheel Solutions, which will be situated at its new 81,000 sq. ft. purpose-built factory in Carnbane Business Park in Newry.
13 April 2021
Xperience IT To Create 16 New Jobs
Lisburn digital transformation specialist Xperience IT is to invest over £1.5million and create 16 jobs as part of plans to expand its business offering with a new IT service platform.
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.