Author: Practicenet

Euromillions jackpot winner Dolores McNamara has lost out in a €46m bidding war with an Irish commercial property giant, for one of the country’s largest retail parks. The mum of six from Garryowen, Limerick, who won the €115m lottery bonanza in 2005, has been outbid by Irish Life for the Childers Road Retail Park, located […]

State’s largest dairy co-op publishes details of executive remuneration for the first time Ornua’s nine top executives shared more than €9 million in pay, bonuses and pension contributions over the last two years. New accounting rules have obliged Ireland’s largest dairy co-op to publish details of executive pay for the first time. The group’s latest […]

Despite recent gains there is still huge resistance to diversity in Irish workplaces, the country’s most prominent LGBT business leader has said. Margot Slattery leads Sodexo Ireland, which employs around 2,000 people. She is a long-time campaigner for gender equality and gay and lesbian rights. Speaking to members of WXN (the Womens’ Executive Network) in […]

Despite recent gains there is still huge resistance to diversity in Irish workplaces, the country’s most prominent LGBT business leader has said. Margot Slattery leads Sodexo Ireland, which employs around 2,000 people. She is a long-time campaigner for gender equality and gay and lesbian rights. Speaking to members of WXN (the Womens’ Executive Network) in […]

Move part of €55m investment in facility, company says Up to 70 new jobs are to be created at medical science and technology company Merck. The positions have become available following the official opening on Tuesday of manufacturing and R&D facilities at their key strategic site in Carrigtwohill, Co Cork. Martin McAuliffe, site leader, says […]

Slow pace boosted by domestic and UK sales in manufacturing and services Northern Ireland’s slow economic recovery continued during the first quarter of the year bolstered by improved domestic and UK sales in both the manufacturing and services sectors. But new industry research released on Tuesday also shows business confidence levels are falling and the […]

Kyle to retire after three years with Irish arm and 37 years with Canadian parent Irish Life has announced that David Harney, the managing director of its corporate business, will take over as chief executive from June 30th, succeeding Canadian Bill Kyle. Mr Kyle plans to retire following three years in charge of Irish Life […]

A leading bank has agreed to cut its mortgage rates in response to a massive switcher campaign. The new deal could see homeowners reducing their payments by up to €1,500 a year. Thousands of mortgage holders registered with the One Big Switch campaign, which has now done a deal with Ulster Bank, the Irish Independent […]

New city centre hotel to include 115 pod-like rooms of between 10sq m and 12sq m Andrews Lane Theatre in central Dublin has been acquired for €4.4 million by a consortium of private investors led by Adrian Shanagher’s Firebreak Hospitality. It is understood that the new owners intend to seek planning permission for a 115-bedroom, […]

New OECD/EUIPRO study puts value of imported bogus goods at €461 billion for 2013 The trade in fake goods is worth nearly half a trillion dollars a year, equivalent to around 2.5 per cent of global imports, according to a new study. The report, which was carried out jointly by the OECD and the European […]