NAMA “Project Eagle’ loans sale finalised
Nama has finalised the sale of its largest portfolio "Project Eagle' loans to Cerberus Capital Management. It said yesterday: “The portfolio, which has a par value of [...]
Ronan teams up with American and UK funds to re-enter office construction
Property developers Paddy McKillen and Johnny Ronan have teamed up to re-enter Dublin’s office construction market backed by a multibillion American investment fund and a British plc. [...]
IMF highlights issues with EU banking union
The European Union needs a strong system in the eurozone to handle big banks that get into trouble, the International Monetary Fund has said, highlighting [...]
Calor set to invest €10 million in All-Island growth
Calor, Ireland’s leading supplier of LPG has announced the securing of parent company funding of €10 million for a growth investment programme for the company’s [...]
Battersea site sale was ‘the right thing’ to do, says top London official
Nama made the right decision to sell its stake in the iconic Battersea power station in London – despite charges that the Irish taxpayer has [...]
PayPal looking to fill 400 new positions in Dundalk
PayPal has announced the creation of another 400 jobs. These jobs will be based at the eBay Inc. European Operations Centre in Dundalk and are in [...]
Electrical contractor safety rule reviewed
The CER has published a Consultation Paper on the Regulation of Electrical Contractors with respect to Safety from 2016. The Energy (Miscellaneous Provisions) Act 2006 [...]
Stimulus package ‘unlikely’ before stress tests says ECB
The European Central Bank is likely to refrain from any new stimulus package in coming months as it reviews lenders’ balance sheets, according to two euro-area central-bank [...]
Foundation stone laid for Confucius Institute at University College Dublin
Mr Liu Yunshan, a member of the Central Politburo Standing Committee of the CPC, visited UCD to attend the laying of the foundation stone for [...]
Irish Fiscal Advisory Council enlists Maradona’s help for Budget 2015
In its latest report, the Irish Fiscal Advisory Council (IFAC) has called on the government to stick to its intended path of fiscal consolidation and [...]
Head of economics at NUI Galway appointed advisor to IMF
NUI Galway’s head of economics Prof Alan Ahearne has been appointed as an external advisor to the International Monetary Fund (IMF). NUI Galway’s head of [...]
Volkswagen Commercial Vehicles offers 0% finance rate
Volkswagen Commercial Vehicles Ireland has launched a market leading 0% APR finance rate across the range on orders placed during June 2014. With this best [...]
EU clears Centrica takeover of energy supplier element of Bord Gais
The EU’s executive ruled that Centrica’s expansion in Ireland did not pose any problems to competition in the energy supply market and that Bord Gais’ [...]
Harry Crosbie lodges High Court proceedings against NAMA
Mr. Crosbie's court action seeks to prevent NAMA from securing outstanding debt against his assets. The action comes less than a month after the agency alleged in the Commercial [...]
New EU financial instruments will help Irish companies access finance
EnterpriseIreland CEO Julie Sinnamon has welcomed the launch of a new generation of EU financial instruments and advisory services to help innovative firms access finance [...]
Central Bank HQ on the market
The Regulator has hired estate agent Lisneys to handle the deal, after opting not to hold on to the premises known as the Tower Building [...]
Ocean Energy Forum announces leadership and begins work in Dublin
The European Union's Ocean Energy Forum announced its Steering Committee members today at its first working meeting in Dublin. The Committees, composed of an all-star [...]
Irish Residential Properties Real Estate Investment Trust is to acquire Marker Hotel apartment block for €50.1 million
The Marker Hotel Residences are being sold by Brehon Capital Partners and Midwest Holdings, which bought the vacant hotel and apartments in 2011. Brehon Capital Partners, which recently [...]
Mercury wins Zurich Equinix construction contract
Irish-based construction company Mercury has announced that it has reached a framework agreement with Equinix to build and fit-out its new ZH5.2 data centre project [...]
Construction output up strongly in Q1
Output in the construction sector was up 2.1% in Q1, a 7.7% rise. This entirely reflected a rise in output in the non-residential sector, up [...]
Energia’s newest wind farm at Hollyford now fully operational
Energia, Ireland’s greenest electricity supplier, has commenced operations at its newest wind farm at Hollyford, County Tipperary, supplying energy to homes and businesses around Ireland. [...]
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