CIÉ pumps €37 million into Bus Éireann as firm goes through transformation under new chief

CIÉ pumps €37 million into Bus Éireann as firm goes through transformation under new chief

The state transport authority CIÉ has pumped €37 million into its embattled subsidiary Bus Éireann as part of a major re-capitalistion of the firm.

It comes as the company goes through a major transformation under its new chief executive Stephen Kent, who has said that the company faces “significant challenges”.

Nicola Cooke, spokeperson for Bus Éireann, told The Sunday Business Post that “following a significant transformation and re-structuring plan implemented since 2017, Bus Éireann sought to...

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