Re-Nationalise SR Technics

[JollyRedGiant]

If SR were capable of providing a quality cost-effective service (and buyers exist for the service they were selling) and were undone by idiot management, then something should be salvageable from the wreck and there will be plenty of investors willing to step into the gap; OR there never was a viable business there and the lads just have to take the lumps, like any of the rest of us.

Meant to come back to this earlier -

SR Technics is a profitable company. It's just that the company's multinational owners want to extract even more profits by moving the work to a place with lower wages. It's a classic "race to the bottom". In fact SR Technics have had order book full up for a few years to come.

[eskerman]

Meant to come back to this earlier -

SR Technics is a profitable company. It's just that the company's multinational owners want to extract even more profits by moving the work to a place with lower wages. It's a classic "race to the bottom". In fact SR Technics have had order book full up for a few years to come.

Maybe SR was a profitable company...the race to the bottom is everywhere. i Work for a company that employs about 100 people...its been around for many many years...and over the past 12 months we are finding our competitors are driving prices down and down to very scary margins....yes the strong and the smart and the efficient ones may survive....but it means working harder, smarter and making sure all sectors of management are fine tuned to keep the doors open....oh yes we don't have a union either....we have good management that run the business correctly...and we share our profits with all workers....right to the floor sweepers....its called parallel management...no Ivory towers thank god..

Sorry for the many skilled workers in SR...but we are against market forces and feeling sorry for people dont create jobs..
Job creation is the single most important mandate any Irish Government will have....and boy do they have their work cut out for them...

I still feel we are gonna go bust...(Ireland Inc) I mean

[Frankie Lee]

Yes, the same lunacy as has driven up ESB prices in the name of "competitivity".

Why should the State not buy up the gear and lease it to a workers' co-op - if people want to form one?

The same should have been done with Waterford Crystal.

Spot on, it should be government policy to do this whenever possible or is it against EU legislation?

[JollyRedGiant]

Spot on, it should be government policy to do this whenever possible or is it against EU legislation?

The government is willing to take on the EU to keep it's corpo tax rate - if this is a problem let them take Brussels on as well.

[Oddjob111]

The government is willing to take on the EU to keep it's corpo tax rate - if this is a problem let them take Brussels on as well.

Try running for election, I'll buy all 20 people who vote for you a pint.

[anewbeginning]

I don't know why the 1100 workers of SR Technics are worried.

Mary Coughlin has taken charge of the situation, so why worry?

I mean look at the fabulous work she did at saving the jobs in Dell and Waterford Crystal.