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Wealthiest 10% of Households Own 51.2% of Total Net Wealth – ECB Household survey

    Wealthiest 10% of Households Own 51.2% of Total Net Wealth – ECB Household survey

The wealthiest 10% of households own 52.2% of the total net wealth in the Euro area, except Lithuania, and Hungary and Poland, according to the results from the second wave

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Construction Industry to Experience Most Positive Outlook in a Decade

    Construction Industry to Experience Most Positive Outlook in a Decade

The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the construction industry will play an important role in that economic

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€2.77 Million Allocated in Grants for Regional Airports

    €2.77 Million Allocated in Grants for Regional Airports

Minister for Transport, Tourism and Sport, Shane Ross announced on Friday that €2.77 million would be allocated in funding support for the four regional airports in Donegal, Ireland West Airport

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Breege O’Donoghue Appointed Chair of the Design & Crafts Council of Ireland

    Breege O’Donoghue Appointed Chair of the Design & Crafts Council of Ireland

Breege O’Donoghue was appointed as the new Chair of the Design & Crafts Council of Ireland (DCCoI), Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor said on Friday. Breege

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Factory Gate Prices Rose 0.9% in November

    Factory Gate Prices Rose 0.9% in November

Monthly factory gate prices increased by 0.9% in November 2016, according to data released by the CSO on Thursday. This compares to an increase of 2.9% for November of last

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Pure Telecom Raises €85,000 for Make-A-Wish Ireland

    Pure Telecom Raises €85,000 for Make-A-Wish Ireland

Irish telecoms and broadband provider, Pure Telecom, announced on Thursday that it fundraised €85,000 for children’s charity Make-A-Wish Ireland. Make-A-Wish has been Pure Telecom’s chosen charity partner since 2009. Over

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Online Tool to Teach SMEs About Corporate Social Responsibility

    Online Tool to Teach SMEs About Corporate Social Responsibility

Minister for Employment and Small Business Pat Breen announced the launch of a Corporate Social Responsibility (CSR) online Tool for SMEs on Wednesday. CSR refers to enterprises integrating social and

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ECJ Finds Ryanair, Aer Lingus Received State Aid

    ECJ Finds Ryanair, Aer Lingus Received State Aid

The European Court of Justice (ECJ) decided on Wednesday to reject an appeal on behalf of Aer Lingus, Ryanair, and the Irish State. The ECJ found that the airlines received

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Ireland Granted Access to Invest in Chinese Securities

    Ireland Granted Access to Invest in Chinese Securities

The People’s Bank of China and Central Bank of Ireland announced on Wednesday that Ireland has been granted access to invest in securities in China. The Department of Finance said

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Social Media Use by Irish Enterprises Second-Highest in the EU

    Social Media Use by Irish Enterprises Second-Highest in the EU

Ireland were recorded as the second-highest users of social media by enterprises in 2016, according to a report released by the CSO on Tuesday. 67% of Irish enterprises employing 10

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Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

    Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

Allsop’s final auction of 2016 took place this week with 158 properties sold and total sales of over €28m, Daft.ie’s Martin Clancy reported on Monday. “The auction was characterised by

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Eir Announces New Directors

    Eir Announces New Directors

Telecoms company eir announced the appointment of three new non-executive directors to the board of eircom Holdings Ireland Limited (EHIL) on Tuesday. David Goldie, Rosalia Portela De Pablo and Paul

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EC Publishes Apple Tax Ruling

    EC Publishes Apple Tax Ruling

The European Commission on Tuesday published its ruling on August 30 that Ireland effectively granted state aid to Apple. The release comes after the Departmnet of Finance published its legal

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Global Coordinators Appointed to Sell AIB Shares

    Global Coordinators Appointed to Sell AIB Shares

Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future Initial Public Offering (IPO) of AIB, the Department of Finance

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PwC Predicts Increased Tax Scrutiny for Those Working Internationally

    PwC Predicts Increased Tax Scrutiny for Those Working Internationally

As mobility evolves and more organisations see talent moving internationally, many businesses are facing a growing challenge to understand where in the world their people are working and what they

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Local Awards to be Held for Design Businesses

    Local Awards to be Held for Design Businesses

Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, announced details of the “Local Enterprise Showcase Awards” on Monday. The awards are run by the Local Enterprise Offices (LEOs) and

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Subsidized Starter Kits for mvBlueGEMINI Smart Camera

    Subsidized Starter Kits for mvBlueGEMINI Smart Camera

Following the introduction of the mvBlueGEMINI smart camera twinned with its intuitive and flexible mvIMPACT-CS software package MATRIX VISION has now added a starter kit to help new users take

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Government to Grant More Than €28m for Agri-Food, Marine and Forest Research

    Government to Grant More Than €28m for Agri-Food, Marine and Forest Research

The Minister for Agriculture, Food and the Marine, Michael Creed, announced on Thursday awards of over €28 million for collaborative inter-institutional research projects under the Department’s competitive research funding programmes.

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3.5% GDP Growth Forecast for 2017

    3.5% GDP Growth Forecast for 2017

The ERSI forecast GDP growth at 4.2 percent for 2016, and 3.5 percent for 2017 in the Quarterly Economic Commentary for Winter 2016, published on Thursday. The report notes that

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Foreign-Owned Enterprises Produced More Than Half of Non-Financial Goods and Services in 2014

    Foreign-Owned Enterprises Produced More Than Half of Non-Financial Goods and Services in 2014

Over 99% of business in Ireland are Small and Medium-sized Enterprises (SME), however these generate less than half (49.6%) of the Gross Value Added (GVA) in the Irish economy, while

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SOLAS Saves €60k Annually Following Ricoh-Managed Print Deal

    SOLAS Saves €60k Annually Following Ricoh-Managed Print Deal

A Ricoh-managed print deal has enabled SOLAS to make annual savings of approximately €60K, Ricoh announced on Thursday. Ricoh won the deal following a competitive tender process and installed multi-functional

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SEAI Doubles Sustainable Energy Research Fund to €2 Million in 2017

    SEAI Doubles Sustainable Energy Research Fund to €2 Million in 2017

The Sustainable Energy Authority of Ireland (SEAI) announced on Thursday a doubling of its Energy Research, Development and Demonstration fund for next year to €2 million. The fund is open

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BOIPA Partners With Licensed Vintners Association

    BOIPA Partners With Licensed Vintners Association

Card payment provider BOI Payment Acceptance (BOIPA) and the Licensed Vintners Association (LVA) entered a partnership that will see BOIPA become the preferred payments platform for the LVA’s 600 Dublin

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European Commission Invites Submissions for Insolvency & Debt Proposal

    European Commission Invites Submissions for Insolvency & Debt Proposal

The Irish government is seeking submissions for a European Commission proposal for a Directive on insolvency, debt, restructuring and second

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Quotas Worth €280m Secured for Irish Fishing Industry in 2017

    Quotas Worth €280m Secured for Irish Fishing Industry in 2017

233,500 tonnes of quotas worth €280 million were secured for Irish fishermen for 2017, following negotiations at the annual Fisheries

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Most CFOs Confident About Economic Prospects – PwC

    Most CFOs Confident About Economic Prospects – PwC

Eight out of ten CFOs were confident about prospects for the economy in the year ahead, according to a survey

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First Interim Dividend Paid to Unsecured Creditors of IBRC

    First Interim Dividend Paid to Unsecured Creditors of IBRC

The first interim dividend of 25% was paid to all admitted unsecured creditors of the Irish Bank Resolution Corporation (IBRC),

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Northern Ireland Export Orders Rise at Record Rate

    Northern Ireland Export Orders Rise at Record Rate

A record rise in new export orders was signaled as companies benefited from Sterling weakness in November, according to data

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Construction Industry Set to Grow by 9% Annually up to 2020

    Construction Industry Set to Grow by 9% Annually up to 2020

The Construction Industry Federation (CIF) launched a website featuring career opportunities on Monday in the wake of a report that

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SEAI Report Shows Public Sector Saved €154 Million in Energy in 2015

    SEAI Report Shows Public Sector Saved €154 Million in Energy in 2015

The Sustainable Energy Authority of Ireland (SEAI) published the third annual report on the energy efficiency performance of public bodies

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Carten’s New Sanitary Ball Valves – Sterile, Aseptic and Sanitary Valves for Biotech, Pharma, Food and Beverage Applications

    Carten’s New Sanitary Ball Valves – Sterile, Aseptic and Sanitary Valves for Biotech, Pharma, Food and Beverage Applications

Sanitary ball valves are generally used on the utility side of processing – for example caustics delivered to a CIP

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Ulster Banks Construction PMI Shows Sharp Rise in Employment

    Ulster Banks Construction PMI Shows Sharp Rise in Employment

Irish construction firms continued to record strong activity growth during November, supported by a further sharp increase in new orders,

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EIB Opens Dublin Office, Establishes New Financing Group

    EIB Opens Dublin Office, Establishes New Financing Group

The first meeting of a European Investment Bank (EIB) – Ireland Financing Group, chaired by Minister of Finance Michael Noonan,

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SIRO to Invest €150 Million in 2017, Supporting 400 Subcontractor Jobs

    SIRO to Invest €150 Million in 2017, Supporting 400 Subcontractor Jobs

SIRO officially opened new offices in Carrickmines, Co. Dublin, on Monday. The ceremony was attended by Minister for Jobs, Enterprise

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Facilities Managers Gather For BIFM Ireland

    Facilities Managers Gather For BIFM Ireland

Facilities managers from across the UK and Ireland gathered at Croke Park on November 25 for the BIFM Ireland Summit,

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Dublin Ranked Fourth Most Attractive City for Property Investment

Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and

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MDO Management Company to Open Dublin Branch

    MDO Management Company to Open Dublin Branch

MDO Management Company S.A., a privately held company based in Luxembourg, will establish a branch in Dublin, Minister for Jobs,

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BD to Build R&D Centre in Limerick

    BD to Build R&D Centre in Limerick

Medical Technology company Becton, Dickinson and Company (BD) announced on Friday that it plans to open a research and development

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During Euro Crisis, Finance Costs Increased Disproportionately for Small Enterprises

A research technical paper published by the Central Bank of Ireland on Monday, shows that the cost of bank finance

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UNIFI-IX Switches International Internet Exchange on in Dublin

    UNIFI-IX Switches International Internet Exchange on in Dublin

Internet exchange operator UNIFI-IX switched on a new international internet exchange in Dublin on Thursday, making Dublin the fourth city

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Acacia Communications Establishes EMEA-APAC Headquarters in Limerick

    Acacia Communications Establishes EMEA-APAC Headquarters in Limerick

Acacia Communications, announced on Wednesday, November 7, that it has established headquarters in Limerick, Ireland, for its Europe, Middle East,

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Resources to Support Teenage Entrepreneurs Launched

    Resources to Support Teenage Entrepreneurs Launched

New resources, including a teachers’ manual, student workbook and helpful tips from successful entrepreneurs, were launched by Minister for Employment

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CSO Publishes Statistical Guide to Brexit

    CSO Publishes Statistical Guide to Brexit

The Central Statistic Office released “Brexit: Ireland and the UK in numbers”, on Wednesday, December 7. The publication provides the

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HR and Payroll Company SD Worx Officially Launches in Limerick

    HR and Payroll Company SD Worx Officially Launches in Limerick

European HR & payroll service provider SD Worx officially launched in Ireland on Tuesday, December 6, following the company’s acquisition

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SEAI Announces €30 Million Community Energy Fund for 2017

    SEAI Announces €30 Million Community Energy Fund for 2017

The Sustainable Energy Authority of Ireland (SEAI) announced on Tuesday, November 6, that it will offer €30 million in grant

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ESRI Publishes Medium-Term Outlook for the Irish Economy

    ESRI Publishes Medium-Term Outlook for the Irish Economy

The Economic and Social Research Unit (ESRI) published a medium-term outlook for the Irish economy on Monday, December 5. Called

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Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

    Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according

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Free Tool to Fight Food Fraud Released

    Free Tool to Fight Food Fraud Released

A free tool to help food companies to assess their food fraud vulnerabilities was released on Monday, December 12. The

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Ireland’s Prospects Bright, But Uncertain – ECB

    Ireland’s Prospects Bright, But Uncertain – ECB

The European Commission and ECB finished the sixth post-programme surveillance review for Ireland on Friday, December 2, in which they

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Fracking Ban Justified by EPA Report – Minister for Environment

    Fracking Ban Justified by EPA Report –  Minister for Environment

Minister for Communications, Climate Action and the Environment Denis Naughten said on  Wednesday, November 30, that an EPA-led research programme

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Uncertain Economic Outlook Keeps Irish Consumers Cautious

    Uncertain Economic Outlook Keeps Irish Consumers Cautious

Irish consumers have remained cautious in the face of uncertain economic conditions, contrasting with changing attitudes in other areas, according

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Central Bank Fines Springboard Mortgages €4,500,000

    Central Bank Fines Springboard Mortgages €4,500,000

The Central Bank of Ireland fined Springboard mortgages €4,500,000 for failing in its obligations to tracker mortgage customers, it was

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Trade Mission to France Focuses on Cleantech, Brexit

    Trade Mission to France Focuses on Cleantech, Brexit

Minister for Foreign Affairs and Trade Charles Flanagan led an Enterprise Ireland Trade Mission to Lyon, on Wednesday, November 30,

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West Pharmaceuticals Expansion to Create 100 Jobs

    West Pharmaceuticals Expansion to Create 100 Jobs

Medical manufacturer West Pharmaceutical Services, Inc. announced on Tuesday, November 29, the completion of a 60,000 square foot expansion at

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LinkedIn Announces 200 New Jobs in Dublin

    LinkedIn Announces 200 New Jobs in Dublin

Career and business social network LinkedIn announced on Tuesday, November 29, that the company will create an additional 200 jobs

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Voxpro Expansion to Create 400 New Jobs in Dublin

    Voxpro Expansion to Create 400 New Jobs in Dublin

Cork-based multilingual customer experience and technical support providers Voxpro, announced on Tuesday, November 30, that it intended to create 400 new

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Value of Irish Money Market Funds Decreased by €16 Billion in September

    Value of Irish Money Market Funds Decreased by €16 Billion in September

Net asset value of money market funds (MMFs) in Ireland decreased by €16 billion to €444 billion in September 2016,

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Medicine Research Network Launched at UCC

    Medicine Research Network Launched at UCC

The UCC School of Pharmacy-led PEARRL (Pharmaceutical Education and Research with Regulatory Links) Network officially launched this week. The network,

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