Ardagh set to buy Italian firm for €125mIRISH-BACKED glass and packaging group Ardagh is set to buy a smaller rival in Italy in a deal valued at about €125 million…Tue Mar 29 2011 - 01:00
Workers at ESB unwilling to take pay cutESB WORKERS are not prepared to enter talks on plans to cut payroll costs by €140 million unless they get a guarantee that the…Mon Mar 28 2011 - 01:00
Energy firm GE to expand workforceMULTINATIONAL FIRM GE is recruiting 20 engineers and IT staff this year as it continues to invest in its energy business in Ireland…Mon Mar 28 2011 - 01:00
Jerry O'Reilly steps down as director of BelltrapDEVELOPER JERRY O’Reilly has resigned from Belltrap, a company associated with himself and fellow property player Bernard McNamara…Mon Mar 28 2011 - 01:00
Lynch to stay as CIÉ chief for three monthsTHE GOVERNMENT has asked Dr John Lynch to stay on as executive chairman of CIÉ for three more months but has pledged to shake…Sat Mar 26 2011 - 00:00
Online gaming specialist weighs up sale moveINTERNET GAMBLING software specialist Cryptologic is considering the possibility of a sale of all or part of the business in …Sat Mar 26 2011 - 00:00
Luring visitors from abroadFRIDAY INTERVIEW: Niall Gibbons, Tourism Ireland: TOURISM IRELAND is going back to basicsFri Mar 25 2011 - 00:00
ESB planning to cut payroll bill by €140mTHE ESB intends to cut about €140 million from its wage bill as it attempts to soften the impact of losing 800,000 customers …Fri Mar 25 2011 - 00:00
ESB chief to retire a year before end of contractESB CHIEF executive Pádraig McManus plans to retire shortly, a year before his contract at the helm of the State-owned energy…Thu Mar 24 2011 - 00:00
Tribunal challenged to prove findings in courtDUNNE REACTION: BUSINESSMAN BEN Dunne challenged the Moriarty tribunal to prove its findings against him in court after its …Wed Mar 23 2011 - 00:00
Gambling software firm trims lossesLosses at online gambling software firm Cryptologic fell 42 per cent last year to €14 million, according to company figures released…Wed Mar 23 2011 - 00:00
Fine on Sisk cut by more than 90%A BRITISH competition law appeals body yesterday cut a fine imposed in 2009 on Irish builder Sisk by over 90 per cent.Sat Mar 12 2011 - 00:00
Providence to begin testing oil flow in Celtic Sea findsOIL AND gas exploration group Providence will begin oil flow testing on its discoveries in the Celtic Sea this summer, its chief…Sat Mar 12 2011 - 00:00
K Club expects to incur further losses and has submitted business planTHE MICHAEL Smurfit-backed K Club expects to lose money this year and has submitted a business plan, according to its latest …Sat Mar 12 2011 - 00:00
Recession takes its toll on sport of kings and property developersANALYSIS: The number of horses in training in Ireland has taken a tumble from its boomtime peakFri Mar 11 2011 - 00:00
International issues hurt IseqSlowing Chinese export growth, a ratings cut for Spain and a concerns over yesterday’s Portuguese bond issue put European stocks…Thu Mar 10 2011 - 00:00
Profits at M&J Gleeson almost double to €5mPROFITS AT the manufacturer of Tipperary Mineral Water and Finches soft drinks almost doubled to €5 million last year.Wed Mar 09 2011 - 00:00
Spreading risk across three marketsANALYSIS: Paddy Power has added a sizeable presence in Australia and the UK to its Irish coreTue Mar 08 2011 - 00:00
Iseq lags behind European peersFears that interest rate and energy price hikes could slow any recovery depressed most European markets, but stocks made a come…Tue Mar 08 2011 - 00:00
Profits at Paddy Power climb 48% to €104mGROWTH IN its three territories and its betting shop and online divisions boosted quoted bookmaker Paddy Power’s profits by 48…Tue Mar 08 2011 - 00:00
Four Star Pizza creditors repaid 7% of debtsUNSECURED CREDITORS were paid just 7 per cent of their debts under the rescue plan for fast-food chain, Four Star Pizza, which…Mon Mar 07 2011 - 00:00
Bord Gáis says it is disadvantaged by energy price rulingSTATE COMPANY Bord Gáis says yesterday’s ruling by the Commission for Energy Regulation lifting controls on domestic electricity…Sat Mar 05 2011 - 00:00
Time is right for State to invest in infrastructure - Sisk chief executiveTHE STATE should take advantage of low construction costs and continue to invest in infrastructure that will need in the future…Sat Mar 05 2011 - 00:00
McInerney appeals go to Supreme CourtTHE SUPREME Court will hear appeals from both sides in the dispute over the future of housebuilder McInerney.Sat Mar 05 2011 - 00:00
Pretax profits at Grafton Group up almost 90% to €25mPROFITS AT the group behind the Woodie’s DIY chain jumped almost 90 per cent to €25 million last year.Fri Mar 04 2011 - 00:00
Nama now owns €71bn of bank property loansSTATE TOXIC debt agency, Nama, now owns €71 billion worth of property loans given by Irish banks to developers during the boom…Thu Mar 03 2011 - 00:00
Action against Elan over Johnson & Johnson dealA US LAW firm is taking a class action suit against Irish pharmaceutical developer Elan, claiming that a deal it did with multinational…Thu Mar 03 2011 - 00:00
Group sees opportunities to spend acquisition fundANALYSIS: THERE ARE signs that CRH could step up spending on acquisitions and development in the year ahead.Wed Mar 02 2011 - 00:00
Pretax profits at CRH declined by 27% in 2010THE SHARE price of building materials giant CRH fell by almost 3 per cent yesterday after the company said pretax profits in …Wed Mar 02 2011 - 00:00
Gaelectric to invest €68m in wind farmENERGY GROUP Gaelectric is planning to invest €68 million in a wind farm in Derry after getting the green light for the project…Fri Feb 25 2011 - 00:00
Leading lights profit from insolvencyAbout 30 companies a week entered an insolvency process last year, but who is running them now?Fri Feb 25 2011 - 00:00
Hotelier to buy franchise for pizza chainHOTELIER MICHAEL Holland plans to buy the Four Star Pizza franchise in Ireland and Britain as part of a rescue plan for the chain…Wed Feb 23 2011 - 00:00
Suppliers likely to be hit in Ellen wind-upUNSECURED CREDITORS are unlikely to recover any of the €8 million owed to them by Ellen Construction, which is currently being…Tue Feb 22 2011 - 00:00
Bank of Ireland suing Savills in Britain over valuation of projectBANK OF IRELAND is suing property advisers Savills in Britain for £1Tue Feb 22 2011 - 00:00
High Court rejects rescue plan for McInerneyTHE HIGH Court yesterday rejected a rescue plan for housebuilder McInerney because the proposals were unfairly prejudicial to…Fri Feb 18 2011 - 00:00
McInerney may appeal court rulingBUILDING GROUP McInerney is considering appealing a High Court ruling that has left the company facing the likelihood it will…Fri Feb 18 2011 - 00:00
Irish group sells California solar projectIRISH GROUP NTR is selling its generating facility in Imperial Valley, California to multi-national rival, AES.Fri Feb 18 2011 - 00:00
Bord na Móna chief does not favour privatisationTHE MANAGING director of State energy company Bord na Móna Gabriel Darcy, said yesterday that he did not favour privatisation…Fri Feb 18 2011 - 00:00
Providence seeking €50m for drillingOIL AND gas exploration group Providence plans to raise almost €50 million to fund a drilling programme around Ireland and Britain…Thu Feb 17 2011 - 00:00
Nama deal would pay €25m to banks, says McInerneyBANKS OWED over €110 million by house builder McInerney would be unlikely to get much more than €25 million if the National Asset…Fri Feb 11 2011 - 00:00
Dublin hotelier refuses entry to appointed receiverHOTELIER JOHNNY Moran, who locked a receiver and management company out of his two properties yesterday, accused State-owned …Thu Feb 10 2011 - 00:00
Harcourt considers sale in BahamasPROPERTY GROUP Harcourt Developments is said to be considering the sale of a Bahamas resort it bought in 2007 but left undeveloped…Tue Feb 08 2011 - 00:00
Taggart brothers say bank's behaviour prevented possible recapitalisation of businessA DISPUTE over loan security with their bank prevented the Taggart brothers from bringing up to £70 million of new capital into…Mon Feb 07 2011 - 00:00
Taggarts sue Ulster Bank for damagesTHE TWO brothers behind one of the first construction businesses to fall victim to the crash are suing the bank that is pursuing…Sat Feb 05 2011 - 00:00
Belgian rival turns down Kingspan's €240m bidA BELGIAN rival has rebuffed insulation and construction materials group Kingspan’s €240 million for part of the business…Sat Feb 05 2011 - 00:00
Building blocks of education - Interview with Miceál Sammon, The Sammon GroupTHE FRIDAY INTERVIEW: Miceál Sammon , The Sammon GroupFri Feb 04 2011 - 00:00
Dublin bottom in real estate surveyDUBLIN TRAILS 26 other European cities for property development and investment in a real estate survey published today by PricewaterhouseCoopers…Fri Feb 04 2011 - 00:00
