Wednesday 1 April 2015

1,000 Bord Gais staff share €55m windfall

Published 21/03/2014 | 02:30

ONE THOUSAND Bord Gais employees are to share in a tax-free windfall worth a total of €55m.

The workers at the state-owned utility company are to get payouts averaging €55,000, employees were told at meetings in Cork, Dublin and Belfast.

Bord Gais workers welcomed the windfall while sounding a note of caution about change at the company.

Bord Gais is preparing to sell its energy business, and take on Irish Water. To make this happen, it needs to buy the small stake owned by staff.

Irish Independent

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