Category: Syndicated

Opko Health creates 200 jobs in Waterford

Opko Health, a diversified healthcare company, is to create create 200 jobs over the next five years through the expansion of its subsidiary, the EirGen Pharma facility in Westside Business Park in Waterford. It is also establishing a new product development centre in the Waterford Business and Technology Park. The company is locating in the […]

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Irish businesses paying 80pc more for loans than euro zone average – National Competitiveness Council’s damning report

Irish businesses paying 80pc more for loans than euro zone average – National Competitiveness Council’s damning report IRISH businesses are paying 80pc more for loans than the euro zone average, a damning report from the National Competitiveness Council has warned. In its annual Cost of Doing Business in Ireland report, it added that there are […]

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Strong interest in Gaelectric’s €350m wind farm assets in disposal plan

Up to 20 expressions of interest have been received for Gaelectric’s wind farm portfolio, which is likely to have an equity value of between €250m and €350m, the Irish Independent understands. The enterprise value of the wind farms, which includes debt, is likely to be around €750m. It’s believed that a range of potential buyers, […]

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Euromillions winner Dolores McNamara outbid by Irish Life for €46m retail park

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 […]

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Ornua’s top executives share €9m in pay, bonuses over two years

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 […]

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Irish companies have long way to go on gender diversity – Sodexo boss Slattery tells WXN event

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 […]

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Irish companies have long way to go on gender diversity – Sodexo boss Slattery tells WXN event

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 […]

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Merck set to create 70 jobs in Cork facility

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 […]

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NI economic recovery continues, survey shows

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 […]

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David Harney to replace Bill Kyle as CEO of Irish Life

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 […]

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