Threat to Roscommon jobs following appointment of liquidators to business
Several jobs in a County Roscommon business are under threat
Several jobs in a County Roscommon business are under threat following the appointment of liquidators to the companies which operate the EuroGiant chain.
The discount retailer has 77 stores across the country, including one at the Retail Park in Roscommon Town, and one in Monksland in South Roscommon employing around 640 staff, which are now under threat.
EuroGeneral Limited and Bushgrove Limited, which trade as EuroGiant, have blamed "rising costs" for the decision.
A spokesperson for EuroGiant told RTE News that after more than 30 years of trading, "the company has today entered court-appointed liquidation".
"Rent and day-to-day operating expenses, along with increased competition in the retail sector, mean the business is no longer viable in its current form," the spokesperson told RTE.
EuroGiant stores will "remain open and continue trading as normal" while a full review of the store network is carried out.
The spokesperson for the Irish retailer told RTE News that company’s thoughts are with the staff affected, and "we want to sincerely thank them for their hard work and commitment over many years".
EuroGiant was established as a single store on Moore Street in Dublin in 1990. It later expanded nationwide, with a presence in over 20 counties, including Roscommon Town and Monksland.
