The Supreme Court has cleared the way for implementation of a survival scheme for key companies of construction giant SIAC after dismissing a last-minute challenge by the Polish Roads Authority to the scheme.

A last-minute challenge to court approval for a survival scheme for key companies in construction giant SIAC has placed the companies and the jobs of 219 employees “in peril”, the Supreme Court was told yesterday.

A survival scheme for seven key companies in construction giant SIAC employing about 200 people has been approved by the High Court. The scheme, subject to some final modifications being approved later this week, will become effective from Monday next.

Cork’s city manager has moved to ease fears about the completion of a €60m double flyover project on the city’s ring road while the main contractor works through examinership.

There are seven credible interested parties in the race to acquire the construction firm, SIAC, through the examinership process, according to people familiar with the situation.

SIAC Construction Ltd and eight related companies, including the ultimate parent company in the 100-year-old construction group, have secured court protection to allow for preparation of a survival scheme.

One of Ireland’s oldest and best known building firms has gone into examinership today.

This company started out in 2009 developing e-procurement software, selling mainly in the Irish market. SourceDogg is now working on getting into as many markets as it can — as quickly as possible. Trish Dromey reports

Six European Union states have asked Poland to explain why it is not paying billions of euro that foreign construction firms say they are owed for work carried out under an EU-backed road-building programme.

The family of radical preacher Abu Qatada has won an injunction preventing protesters from demonstrating outside their home in the UK.

County manager Martin Riordan has promised Cork County Council won’t be found wanting when it comes to protecting the people of Bandon from further flooding.

The Bandon flood relief scheme will not now begin until May 2014, meaning the town will continue to face the risk of flooding for some time to come.

The Department of the Environment has given assurances that money is in place to complete a major sewerage scheme in a Co Cork town, but work will not restart until next summer at the earliest.

A large construction firm which pulled out of a €3.5m drainage scheme in West Cork earlier this week is continuing to work on a major roads scheme in Cork city.

As the people in a Co Cork town prepare to host their first “walled town” festival, archaeologists have revealed they have uncovered a section of its original 16th-century fortifications.

Irish construction firm SIAC has a full menu of projects in the pipeline, having just completed the re-development of London’s iconic Leicester Square.

The future is about the only thing you can’t see clearly from Skyline walkway, writes Michael Moynihan

UK Home Secretary Theresa May tonight dismissed terror suspect Abu Qatada’s latest bid to avoid deportation as a “delaying tactic”.

The head of one of the country’s largest construction firms said yesterday that most of the main opportunities for the group lie outside of the country.

PRE-tax profits at one of the west of Ireland’s largest civil engineering firms decreased by 8% in 2009 to €641,782 in spite of an increase in revenues.

A man described as an “al Qaida operative” and another labelled as “willing to participate” in his plans today won the right to stay in the UK.

A man described as an “al-Qaida operative” and another labelled as “willing to participate” in his plans today won the right to stay in the UK.

A revolutionary new harbour costing €14m has been completed on one of the Aran Islands.

A controversial ruling which dealt a major blow to the British government’s anti-terror policy was upheld by the Court of Appeal today.

PROTESTERS opposed to the M3 Meath motorway route yesterday pledged to escalate their campaign.

Sinn Féin MEP Mary Lou McDonald today called on Minister for the Environment John Gormley to comply with European Commission demands and order a new Environmental Impact Assessment on the M3 at Tara.

CINTRA, a toll-road operator controlled by Spanish builder Grupo Ferrovial, signed a contract to build and manage its second motorway in Ireland.

HANK FOGARTY Fogarty was announced yesterday as the new president of the Construction Industry Federation (CIF). Mr Fogarty is a director of SIAC Construction and succeeds Norbert O’Reilly of Pierse.

A KEY riverside site in Waterford which Bord Gáis is currently cleaning up is to be sold, it has emerged.

SIAC Construction Limited, one of Ireland’s leading infrastructure providers and building services groups, has announced the completion of an €82m syndicated banking facility with three leading Irish banks.

SIAC, the civil engineering and construction group, has reported an 11% increase in pre-tax profits to €4.5m for last year, up from just over €4m in 2003.

Louise Hogan

SOME of the terror suspects held for deportation from Britain are at “serious risk” in prison, their solicitor Gareth Pierce claimed last night.

TEN terror suspects, including a radical preacher described as “al-Qaida’s ambassador to Europe”, were detained yesterday in a series of early morning raids across Britain.

SIAC Construction and Spanish infrastructure giant Cintra have landed the €600 million contract to build the controversial M3 motorway linking Dublin with the Meath towns of Navan and Kells, the National Roads Authority said yesterday.

Eight foreign terror suspects detained without charge or trial for up to three-and-a-half years were granted bail in the UK today.

THE road building and civil engineering firm SIAC has reported flat profits of €4 million for 2003.

Construction group SIAC has announced operating profits up 39% to €12.3m in its results for the year ended December 31, 2003.

Ten suspected terrorists detained in the UK without charge or trial today lost a Court of Appeal challenge to their internment.

A LIBYAN detained for 16 months as a suspected terrorist was ordered to be freed yesterday after a British Home Office appeal was rejected.