131 jobs lost in Údarás backed companies in 2011

There was a net loss of over 130 jobs in Údarás supported companies in the Donegal Gaeltacht last year. The figures are contained in Uduras Na Gaeltachta’s end of year report.
A total of 259 new jobs were created in the Donegal Gaeltacht in 2011. There were 1,876 full-time equivalent jobs in Údarás supported companies in the Donegal Gaeltacht at year end.
New jobs were created in a number of companies on the Gweedore Business Park, and in companies in the textile sector in south-west Donegal.
When job losses are taken into account, overall employment declined by 131 jobs in the Donegal Gaeltacht.
Other significant investments announced during the year included the decision by Largo Foods to invest €2.6m in its manufacturing facility on the Gweedore Business Park and the decision by Randox Teo to acquire the building it leased from Údarás at a cost of €1m.
There were also 263 people employed on social employment schemes in the Donegal Gaeltacht at the end of the year.
The employment schemes are managed and administered by Údarás na Gaeltachta and funded through the Department of Social Protection.