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250 jobs secured as High Court approves scheme for Barna Waste
Galway Bay fm newsroom – The High Court has approved a scheme of arrangement for Galway firm Barna Waste securing some 250 jobs.
It follows the appointment of an examiner to the company in April.
Barna Waste was established in 1993 by managing directors Sean and Annette Curran, and has its head office in Carrowbrowne on the Headford road.
As part of the examinership process, Cognito Asset Management Limited, an investment and corporate restructuring business, in conjunction with the existing management team, successfully completed the buyout of Barna Waste Group.
This investment secures the employment of over 250 long-term employees at the Group.
Managing Director Sean Curran has expressed gratitude to the employees, customers and suppliers who have supported the business over the past 6 months.
In a statement to FYI Galway this evening, he said that with the support of Cognito the firm now has new structures in place which will facilitate its continued growth and success.
Barna Waste Group is a major employer in the west with over 250 employees and over 30,000 customers.
It has an extensive base of domestic customers across the region and provides a wide range of waste management services to commercial customers including skip hire, recycling, sludge removal etc.