New way for peat’s sake

Bord na Mo´na may have been formed to exploit the bogs of Ireland, but now it has become their custodian and the company is plotting a new future for itself

Ian Kehoe - avatar

Ian Kehoe

4th April, 2009

Sometimes tough choices can be the easiest ones to make. Just ask Gabriel D’Arcy. Last Wednesday, the chief executive of Bórd na Móna told staff that the global financial crisis had eroded the value of the group’s pension funds. One defined benefit scheme, to which 240 workers had contributed, had a €52 million deficit.

D’Arcy called in the unions and told them that the state company was not...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago