Ferry firm must find €1m by today
Cork City Council agreed last night to invest €100,000 in the Fastnet Line, bringing its total investment in the company to €365,000.
It followed a 90-minute behind closed doors presentation by Fastnet Line’s acting chief executive officer, Pádraic O’Kane. He is due to meet Enterprise Ireland this morning to discuss further investment. He declined to discuss the amount involved, but it is understood to be in the region of €400,000.
