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Musgrave executive to take up top position at Arnotts

Musgrave executive Mr Michael Nason is set to take over the top job at Arnotts, The Irish Times learned yesterday.

Wed Feb 11 2004 - 00:00

Mullins-led MBO offers €70m for Barlo group

A management buyout (MBO) led by chief executive, Mr Tony Mullins, has offered €70 million for Dublin-listed industrial group…

Wed Feb 11 2004 - 00:00

Rate of inflation in house prices to slow - B of I

The rate of house-price inflation is set to halve this year, bringing to an end almost a decade of double-digit growth, a leading…

Wed Feb 11 2004 - 00:00

FLS to sell Irish aircraft plant for €47m

FLS Industries is to sell its Irish aircraft maintenance plant as part of a 47 million deal, but the move may not guarantee the…

Tue Feb 10 2004 - 00:00

Ramco gas production shortfall could cost €1.7m

Scottish exploration company Ramco yesterday indicated that the shortfall in gas production at its Seven Heads field could cost…

Sat Feb 07 2004 - 00:00

Keyspan to sell NI gas stake

US utility Keyspan Corporation said yesterday that it was planning to sell its stake in a Northern Ireland gas pipeline.

Sat Feb 07 2004 - 00:00

Chamber seeks direct election of lord mayor

Dublin city needs a directly elected lord mayor and a new local authority with responsibility for planning and transport, according…

Fri Feb 06 2004 - 00:00

Kelly named new chief at Selfridge's

Brown Thomas boss Mr Paul Kelly was last night named as the next chief executive of British retailing institution Selfridge and…

Fri Feb 06 2004 - 00:00

O2 earns €556 from each of its Irish users

Mobile operator O2 earned an average of €556 from each of its one million-plus Irish customers last year, almost €200 more than…

Thu Feb 05 2004 - 00:00

SuperValu workers may be redeployed

Roches Stores is to meet trade union representatives on Monday to discuss the future of 250 jobs threatened by the planned closure…

Thu Feb 05 2004 - 00:00

Services grow in January but at slower rate

Business activity in the services sector continued to grow in January, but the rate of expansion was slower than the two previous…

Thu Feb 05 2004 - 00:00

Roches Stores to shut three food outlets

Retailer Roches Stores plans to shut three of its food outlets, throwing a question mark over the future of an estimated 160 …

Wed Feb 04 2004 - 00:00

Merrill to create 300 jobs in Dublin

Global finance house Merrill Lynch plans to create 300 jobs in Dublin in a new back-office operation that it opened yesterday…

Tue Feb 03 2004 - 00:00

Go received €1.5m support from Aer Rianta

Low-cost airline Go received up to €1

Tue Feb 03 2004 - 00:00

Ryanair may have to pay EUR3-4m

The European Commission is likely to tell Ryanair that it will have to repay between €3 million and €4 million in subsidies and…

Sat Jan 31 2004 - 00:00

Servisair to lose 20-30 jobs over Jetmagic

The fallout from the sudden closure of regional airline Jetmagic is set to cost between 20 and 30 jobs at Servisair, the airport…

Sat Jan 31 2004 - 00:00

Ex-Bailey's boss will join DCC

Former Bailey's boss Mr Frank Fenn is to join DCC plc in a management shake-up at the industrial group.

Sat Jan 31 2004 - 00:00

B of I plans EUR500m green fund

Bank of Ireland (B of I) plans to enter the €7 billion environmental services and renewable energy market with a specialised €…

Fri Jan 30 2004 - 00:00
Jetmagic crash lands investors with €11m bump

Jetmagic crash lands investors with €11m bump

Estimated debts of €3.5 million grounded Cork-based airline Jetmagic, The Irish Times learned yesterday

Fri Jan 30 2004 - 00:00

Musgrave to face nine rivals in bid to buy Londis

Musgrave faces nine potential rivals if it stays in the hunt to buy UK-based corner-shop franchise Londis, it emerged yesterday…

Thu Jan 29 2004 - 00:00

Aer Lingus unworried by Charleroi ruling

Aer Lingus last night said that it did not expect to suffer any consequences from the EU Commission's ruling against the Ryanair…

Thu Jan 29 2004 - 00:00

Byrne set to return to ESB

Former ESB International (ESBI) executive and IWP second-in-command, Mr Bernard Byrne, is set to return to a management role …

Wed Jan 28 2004 - 00:00

Investors snap up Minmet shares on announcement

Investors snapped up more than 7.5 million shares in dual-listed Irish explorer Minmet in London yesterday

Tue Jan 27 2004 - 00:00

Champion Sports posts EUR9.6m in pre-tax profits

The company that operates the Champion Sports chain of stores earned profits of more than €9 million last year, according to …

Tue Jan 27 2004 - 00:00

Petroceltic soars by 40%

Close to 50 million shares in Irish explorer, Petroceltic, changed hands in London over the past two days, with buying demand…

Sat Jan 24 2004 - 00:00

Car price-fixing inquiry may be first of many

The Competition Authority investigation into the dealings of a group of car dealers could be the first of a number into high-…

Fri Jan 23 2004 - 00:00

Irish duo lead EUR37m MBO of golf firm

Two Irish businessmen have led a €37 million management buyout (MBO) of a leading manufacturer of golf accessories in the UK…

Fri Jan 23 2004 - 00:00

Leeds deputy chairman says high wages cause of crisis

The deputy chairman of Leeds United plc, Mr Alan Leighton, yesterday blamed the high wages paid to footballers for the financial…

Fri Jan 23 2004 - 00:00

Economy could grow 4.5% in 2004

Economic growth could hit 4.5 per cent this year and reach 6 per cent in 2005, a leading economist predicted yesterday.

Thu Jan 22 2004 - 00:00

Magnetic Solutions raises ?4m in investment round

Computer multinational Intel, financier Mr Dermot Desmond and ICC Venture Capital yesterday emerged as the lead players in a €…

Thu Jan 22 2004 - 00:00

State-supported jobs decline - Forfas

The number of jobs supported by the State's industrial development agencies fell by 7,500 last year to 297,000, it was revealed…

Wed Jan 21 2004 - 00:00

Fines for industrial relations breaches to go up

The Government plans to increase fines for breaches of industrial relations law in a clamp down on problems in the building sector…

Wed Jan 21 2004 - 00:00

McInerney expected to post 27% profits increase

Brokers expect Dublin-quoted builder, McInerney Holdings, to post a 27 per cent increase in pre-tax profits to €26 million for…

Tue Jan 20 2004 - 00:00

An Post ties pay increase to success of rescue plan talks

An Post has told trade unions that the payment of the 3 per cent increase due to its 10,000 workers under the national pay deal…

Fri Jan 16 2004 - 00:00

Musgrave still keen to buy UK chain Londis

Musgrave has had talks with the consultants hired by convenience franchise, Londis, to advise it on a sale of the business, the…

Thu Jan 15 2004 - 00:00

Donaghadee Carpets raises €10m

The management buyout (MBO) company that rescued a stricken Northern Irish carpet manufacturer late last year has raised more…

Tue Jan 13 2004 - 00:00

Icon to keep its focus on growth

Clinical trials specialist, Icon plc, is likely to continue seeking new acquisitions this year, but chief executive, Mr Peter…

Tue Jan 13 2004 - 00:00

Eircom to reduce broadband fees

Eircom plans to slash the monthly wholesale and retail rents for high-speed internet lines to €23 and €39

Mon Jan 12 2004 - 00:00

UCI profits edge up as cost of sales rises sharply

Pre-tax profits at the Irish subsidiary of the UCI multiplex cinema chain came close to 5 million during 2002, according to the…

Fri Jan 09 2004 - 00:00

Abbey posts 33% rise in six-month pre-tax profits

Dublin and London-listed house builder, Abbey plc, yesterday reported a 33 per cent increase in pre-tax profits for the six months…

Fri Jan 09 2004 - 00:00

Goodbody in €6m sale and lease deal with Grafton

Goodbody Stockbrokers has bought Grafton plc's flagship site on Dublin's Naas Road in a deal that will net the builders' providers…

Fri Jan 09 2004 - 00:00

Legal row threatens €20m Mayo tourism plan

A €20 million tourism project, backed by former Esat Digifone chief executive Mr Barry Maloney, his brothers and US venture capitalist…

Thu Jan 08 2004 - 00:00

Fexco takes majority stake in voucher firm

Foreign exchange and global payments group Fexco has taken a majority stake in the Gift Voucher Shop, a recently-established …

Tue Jan 06 2004 - 00:00

Abramovich may buy Jordan F1 team

The company that operates Mr Eddie Jordan's Formula One team confirmed yesterday that he has met Chelsea Football Club owner …

Tue Jan 06 2004 - 00:00

Troubled companies are now opting to be struck off

Firms in financial difficulty are trying to avoid investigation by opting to be struck off rather than go into liquidation, according…

Tue Jan 06 2004 - 00:00

Irish Rail €2m catering contract may go to tender

Irish Rail is considering putting a contract worth €2 million a year in sales out to tender as part of a shake-up of the catering…

Sat Jan 03 2004 - 00:00

Dollar under fresh pressure

European markets started the new year on a high and the dollar came under fresh pressure on the opening trading day of 2004.

Sat Jan 03 2004 - 00:00

Barry's Tea and Bank of Scotland buy Batchelors

Barry's Tea and Bank of Scotland have joined forces to buy Northern Foods-owned Batchelors in a €95 million deal

Wed Dec 24 2003 - 00:00

Regulator investigates Galen deal with US firm

The US competition watchdog is investigating a licensing deal between Dublin and London-listed Galen Holdings and US company …

Wed Dec 24 2003 - 00:00

Regulator wants An Post to ensure better next-day delivery

Communications regulator, Comreg, yesterday declared that it wants An Post to ensure next-day delivery for more than nine out…

Wed Dec 24 2003 - 00:00
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