CRH group finance director Culpepper to stand downCRH’S GROUP finance director, Glenn Culpepper, is stepping down from the post for personal reasons and will be succeeded by his…Wed May 26 2010 - 01:00
British acquisitions add €6.3m to C&C profitsTHE BRITISH businesses bought by Bulmers cider maker C&C contributed €6Wed May 26 2010 - 01:00
BofI approves 80% of loan applicationsBANK OF Ireland says it is approving four out of five loan applications from small businesses.Mon May 24 2010 - 01:00
Sales decline set to continue - retailersMANY RETAILERS believe sales will continue falling over the next three months, according to a survey that will be published today…Mon May 24 2010 - 01:00
Councils not availing of funds for buildingJUST SEVEN of the Republic’s 35 local authorities gave the go-ahead to publicly funded building projects over the last two months…Sat May 22 2010 - 01:00
Plans for windfall tax on electricity suppliers delayedA PROCEDURAL mix-up in the Dáil has left Government plans to impose a €75 million windfall tax on electricity suppliers facing…Fri May 21 2010 - 01:00
More mortgages in arrears - Moody'sTHE NUMBER of Irish people who have fallen behind on their mortgage repayments may have come close to doubling in the 12 months…Fri May 21 2010 - 01:00
It will take over 10 years to manage debt - think tankIT WILL take more than 10 years for the Republic’s national debt to become manageable, a global competitiveness think tank warned…Thu May 20 2010 - 01:00
Begg dismisses claims of economic recovery as 'guff'A LEADING trade unionist yesterday dismissed as “guff” claims that the economy was on the road to recovery.Thu May 20 2010 - 01:00
Airtricity aims for 500,000 customers by supplying gasENERGY COMPANY Airtricity hopes its entry into the Irish natural gas market will boost customer numbers to more than half a million…Wed May 19 2010 - 01:00
Tullow project off Ghana on scheduleTULLOW OIL executives told shareholders at a meeting yesterday the company was still on schedule to begin oil production from…Wed May 19 2010 - 01:00
Airtricity enters domestic gas marketAirtricity says its move into the natural gas market will create up to 200 jobs and save some consumers an average of €210 a …Tue May 18 2010 - 01:00
Profits grow in Bowen Construction operationsPROFITS IN Bowen Construction’s operations grew 9 per cent last year to €4.9 million, according to its latest figures.Tue May 18 2010 - 01:00
IL&P may look to buy ICS when it comes on market later this yearBANKING AND pensions group Irish Life & Permanent (IL&P) could bid for ICS Building Society when Bank of Ireland puts…Sat May 15 2010 - 01:00
Kingspan expects 10% fall in profitsINSULATION SPECIALIST Kingspan expects operating profits in the first six months of this year to come in 10 per cent below the…Fri May 14 2010 - 01:00
Consumers unlikely to see gas price rise in 2011CONSUMERS ARE unlikely to face an increase in the price of natural gas next year, according to An Bord Gáis, which supplies the…Thu May 13 2010 - 01:00
McInerney close to deal with banksHOUSEBUILDER McInerney is close to concluding a deal with its Irish bankers that will secure the company’s future until next …Thu May 13 2010 - 01:00
Ryan likely to seek partial break up of Bord GáisMINISTER FOR Energy Eamon Ryan is likely to seek a partial break up of Bord Gáis in a move that could see the State-owned company…Wed May 12 2010 - 01:00
Grafton loses €25m in sales due to severe winterTHE SEVERE winter cost DIY and builders’ merchant Grafton €25 million in sales, but the group is hoping that it can make up the…Fri May 07 2010 - 01:00
Eirgrid raises final €600m for interconnectorNATIONAL GRID operator, Eirgrid, has finished raising the €600 million it needs to fund the development of an electricity connection…Fri May 07 2010 - 01:00
State urged to support clean technologyTHE GOVERNMENT and public services should be using their purchasing clout to aid the development of the Republic’s clean technology…Fri May 07 2010 - 01:00
Electricity firms may take legal action to block taxGOVERNMENT PLANS to tax windfall profits earned by power companies from free carbon credits could be open to a legal challenge…Fri May 07 2010 - 01:00
CRH €25m Polish fine a concern, agm toldCRH BELIEVES it can overturn a €25 million fine recently imposed by Poland’s competition watchdog but board members said yesterday…Thu May 06 2010 - 01:00
Windfall tax on profits of energy suppliers to be introducedTHE GOVERNMENT plans to hand over €75 million raised in a new tax on power companies to some of the Republic’s biggest employers…Thu May 06 2010 - 01:00
McInerney to stop funding insolvent Spanish subsidiaryHOUSEBUILDER McInerney plans to stop funding an insolvent Spanish subsidiary in a reorganisation that will see it pull back to…Wed May 05 2010 - 01:00
ESB in bid for NI transmission networkTHE ESB confirmed yesterday that it is bidding to buy Northern Ireland’s electricity transmission network in a move that would…Wed May 05 2010 - 01:00
NTMA yet to decide on €1.5bn capital markets loanTHE NATIONAL Treasury Management Agency has yet to decide if it will go ahead with plans to borrow up to €1Sat May 01 2010 - 01:00
House prices in Dublin fall 10% in first quarterHOUSES IN Dublin lost more of their value in the first three months of the year than those in the rest of the Republic, the latest…Sat May 01 2010 - 01:00
Anglo's chances of €2.8bn Quinn debt repayment shrink as bidders emergeSTATE-OWNED Anglo Irish Bank’s chances of being repaid a €2Sat May 01 2010 - 01:00
Dublin house prices fall 10%Houses in Dublin lost more of their value in the first three months of the year than those in the rest of the Republic, the latest…Fri Apr 30 2010 - 01:00
EBS likely to raise mortgage rates by another 0.6%BUILDING SOCIETY EBS is likely to increase mortgage rates for a second time before the end of the year, according to its chief…Fri Apr 30 2010 - 01:00
Ratings agency issues 'negative' outlook on mortgage paymentsTHE NUMBER of Irish homeowners falling behind on their mortgage payments is likely to continue growing this year, according to…Wed Apr 28 2010 - 01:00
Digicel may face court battle over €28m legal costsCARIBBEAN TELECOMS operator Cable Wireless Communications may pursue Denis O’Brien’s Digicel for €28Fri Apr 16 2010 - 01:00
Quinn hires experts in devising rescue dealsQUINN GROUP has drafted in experts who specialise in rescue deals for debt-laden banks, utilities and other businesses, to help…Wed Apr 14 2010 - 01:00
Rate of decline in building slows in MarchTHE BUILDING industry’s decline continued last month, although the slump did show some signs of easing, according to a survey…Mon Apr 12 2010 - 01:00
Juncker insists Greek bailout deal does not breach EU treaty clauseTHE RESCUE deal for Greece agreed by euro-zone finance ministers will not breach the European treaties’ “no bailout” clause, …Mon Apr 12 2010 - 01:00
Providence Resources to begin test-drilling for oil off Dalkey IslandEXPLORATION GROUP Providence Resources is set to begin drilling for oil off Dalkey Island in Co Dublin.Fri Apr 09 2010 - 01:00
McInerney chief may bid for its Spanish businessMcINERNEY HOLDINGS managing director Barry O’Connor looks set to bid for the ailing housebuilder’s Spanish business, as part …Fri Apr 09 2010 - 01:00
Beacon's US owner to give hospital extra €10mTHE US-based owner of the Beacon Hospital will provide the facility with an extra €10 million in working capital to fund its …Thu Apr 08 2010 - 01:00
Wind may help determine future electricity pricesTHE WIND is set to play a key role in determining the price of electricity after 2020 if both the Republic and Northern Ireland…Thu Apr 08 2010 - 01:00
CRH chief Myles Lee paid €2.45m in first yearCRH CHIEF executive Myles Lee was paid a total of €2Wed Apr 07 2010 - 01:00
Licensing system for online betting urgedBOOKMAKERS YESTERDAY told an Oireachtas committee that a licensing system rather than a turnover tax could offer a means of capturing…Thu Apr 01 2010 - 01:00
McInerney closer to agreeing new debt termsTROUBLED HOUSE-BUILDER McInerney has moved a step closer to agreeing new terms for its €242 million debt, but the company said…Wed Mar 31 2010 - 01:00
Petroceltic to raise €90m in placingOIL AND gas exploration company Petroceltic plans to raise about €90 million from new and existing backers to pay for a drilling…Tue Mar 30 2010 - 01:00
Senior managers over-rode policies in 'loose culture'FINANCIAL CONTROLS: A REVIEW of the financial controls operated by the Dublin Docklands Development Authority (DDDA) found a…Fri Mar 26 2010 - 00:00
Taxpayer could face multimillion-euro billUNLIMITED GUARANTEES: THE TAXPAYER is facing a bill of potentially hundreds of millions of euro for the now worthless Irish …Fri Mar 26 2010 - 00:00
IDA concern on job lossesMULTINATIONAL EMPLOYERS will shed jobs as the recession continues and individual industries consolidate, IDA Ireland chief Barry…Wed Mar 24 2010 - 00:00
EBS likely to raise mortgage rates by another 0.6%BUILDING SOCIETY EBS is likely to increase mortgage rates for a second time before the end of the year, according to its chief…Wed Mar 24 2010 - 00:00
More mortgages in arrears - Moody'sTHE NUMBER of Irish people who have fallen behind on their mortgage repayments may have come close to doubling in the 12 months…Wed Mar 24 2010 - 00:00
Kentz profits grow almost 10% to €33mPROFITS AT engineering and construction group Kentz grew almost 10 per cent last year to €33 million, the company said yesterday…Tue Mar 23 2010 - 00:00
