There are fears that up to 1,000 livelihoods could be affected with receivers taking control of Roadbridge, one of the country’s biggest civil engineering and construction firms.
As well as having been the main contractor for the new N4 dual carriageway between Collooney and Castlebaldwin in County Sligo, it was also involved in some of the biggest infrastructural road, energy and water projects in Ireland the UK and Europe.
These included the construction of the second runway at Dublin Airport, the Limerick Tunnel, and the Limerick Greenway.
It was working currently on the Coonagh-Knockalisheen distributor road in Limerick, and was recently appointed as contractor for the Ballaghaderreen by-pass in Roscommon.
The company founded in Limerick by the late Pat Mulcair in the 1960’s employs 630 people in Ireland, the UK and Sweden.
However there are fears up to 1,000 livelihoods could be affected when smaller sub-contractors are taken into account.