The company awarded the construction of the N5 road project has went into receivership.
Roadbridge, one of Ireland's leading Civil Engineering companies has requested Bank of Ireland to appoint receivers to the company.
They were recently appointed as the contractor for the N5 Ballaghaderreen to Scramogue road project.
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In a statement, Roadbridge say they regret having to take this step, but unfortunately, it's the only possible option at this time.