135 jobs will be axed in Wicklow as a dog snacks manufacturer announced it will close.
Rondo Foods in Arklow is closing down six years after opening a new factory there, its German owner announced on Monday.
The firm said it would relocate operations to its main German manufacturing facility in Krefeld near Duesseldorf in northwest Germany.
Rondo said: “We deeply regret this development. For eight years our Irish staff have shown immense commitment in contributing to the development of the site.
“The unsatisfactory economic development and the market situation necessitate the bundling of operations at our largest location in Germany.
Last year, revenue at Rondo’s Wicklow unit fell 12% to €13.56m and net losses doubled to €1.59m.
“Its debts rose 6.5% to €20m, while it received Government grants totalling €265,254.
Local Fianna Fáil TD Pat Casey said: “Unfortunately, the German company has decided not to engage constructively with the attempts by the workers and Enterprise Ireland to prevent this closure.
Last year, revenue at Rondo’s Wicklow unit fell 12pc to €13.56m and net losses doubled to €1.59m. Its debts rose 6.5pc to €20m, while it received Government grants totalling €265,254.
