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
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
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
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
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
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
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
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
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
Merger watchdog allows Greenstar purchase of Veolia waste businessTHE STATE’S mergers and monopolies watchdog yesterday gave the go-ahead to utility group NTR’s Greenstar subsidiary to buy one…Fri Mar 12 2010 - 00:00
EMI records 14% fall in pretax profits to €3.9mFALLING CD sales and piracy left profits trailing by 14 per cent at music group, EMI’s Irish subsidiary last year, the latest…Fri Mar 12 2010 - 00:00
Shell seeks tenders for onshore pipeline to service gas fieldOIL EXPLORATION company Shell is seeking tenders for the design and construction of an underground onshore pipeline to service…Fri Mar 12 2010 - 00:00
CREO's investments fell 14% last yearTHE VALUE of Treasury Holdings-backed China Real Estate Opportunities’ (CREO) property investments fell 14 per cent to €925 million…Tue Mar 09 2010 - 00:00
Kenmare Resources to target €200m mine injectionKENMARE RESOURCES intends to raise almost €200 million to boost production at its African titanium mine in anticipation of growing…Sat Mar 06 2010 - 00:00
Grafton profits slide 77% to €13mPROFITS AT the owner of the Woodies and Atlantic Homecare DIY chains fell 77 per cent to €13 million last year as the recession…Fri Mar 05 2010 - 00:00
Motor, house insurance to rise, says FBDMOTORISTS AND property owners are facing hikes in their insurance costs over the coming year, according to the Republic’s second…Thu Mar 04 2010 - 00:00
Construction downturn halves profits at CRHA CONTINUED fall in residential and commercial construction across its main markets last year more than halved profits at building…Wed Mar 03 2010 - 00:00
Savings allow group to keep cash flowingANALYSIS: CRH CHIEF executive Myles Lee pointed out yesterday that the building materials group is now facing into the fourth…Wed Mar 03 2010 - 00:00
Pretax profit down 15% at Paddy PowerTHE UNBEATEN run of champion racehorse Sea the Stars and a series of wins for popular English premiership football teams in the…Wed Mar 03 2010 - 00:00
