Chevron Training successfully exits examinership

Enniscorthy-based Chevron Training and Development Ltd has successfully exited examinership.

In September 2012, the company entered into examinership to protect its employees’ jobs and as a result of the approval received from the High Court recently, up to 15 jobs will be saved.

Chevron Training, which offers accredited programmes to more than 5,000 learners on a nationwide basis each year, has pledged to restructure the company’s cost base so that it is "placed on a sustainable footing for the future", according to a statement.

Commenting on the announcement, the new Managing Director of Chevron Training, Karl Fitzpatrick, said: “Having successfully navigated examinership, I am delighted that up to 15 jobs will be saved in Chevron Training and I want to thank the company’s employees, partners, suppliers and customers for their overwhelming support during the past three months”.

In reference to the recent management buy-out of the company, Mr Fitzpatrick stated that “the new investment in Chevron Training will secure the company’s long-term future and our focus is now on developing the company into an international e-learning training provider”.