THE High Court has made an order winding up five companies in the Whelan group, one of the largest concrete suppliers in the country, after the directors of the companies yesterday withdrew their petition for examinership. The directors said they “profoundly regretted” that some 120 jobs will be lost.

THE National Assets Management Agency is opposing the appointment of an examiner to five companies in the Whelan Group, one of the largest concrete products suppliers in the country employing 120 people. The High Court will hear the petition for examinership on Friday.

THE future for 150 employees at one of the country’s main concrete suppliers hung in the balance last night after management made an application under the Companies Act.

THE global downturn has forced CRH, the world’s second largest builder materials group, to issue a profit warning for the first half of the year.

A LOCAL authority is preparing an injunction to halt an allegedly illegal quarry operation in an EU-designated area of special conservation.