The company will employ more than 100 sales staff, along with 10 people in an office in Dublin and 40 more in a services operation in Sligo.

Iberdrola reveals plans to spend €100m on Irish wind farms

The partnership will build wind farms with the total capacity to generate 1,000 megawatts of electricity by 2030, which Coillte estimates is enough to power about half a million homes.

Partnership could invest up to €1 billion in building 20-30 wind farms

“Vapes” heat liquid containing nicotine, allowing the user to inhale the vapour produced.  Photograph: iStock

Imperial already sells Myblu in the UK, US and in Europe, where it is the market leader in some countries

The investment freeze has already hit work on Dublin Airport’s south apron, where DAA is spending €500 million, the lion’s share of it on extra aircraft stands close to terminal two. Photograph: iStock

DAA blames regulator for decision to halt’stand down’ work on €2 billion project

Peter Jackson, chief executive, Paddy Power Betfair: ‘We’ve got a great team and we will have all those other things in the other states as well.’ Photograph Nick Bradshaw/The Irish Times

‘Bigger you are, the bigger the returns you can make,’ says chief executive Peter Jackson

Norweigan Air said that due to the  continued grounding of  the 737 Max, flights to and from Cork and Shannon would be re-routed to Dublin for the rest of the summer. Photograph: Chris Ratcliffe/ Bloomberg

Norwegian Air to re-route transatlantic flights from Shannon to Dublin

Ryanair says it will switch six Malta-based aircraft on to the country’s register, and increase this number to 10 within three years

Move by the Irish company will give it a Maltese air operator’s certificate and access to markets in North Africa

Medical equipment seller Eurosurgical Ltd, which is in liquidation, paid €12.4 million, making it the biggest settlement on the list.

Liquidated medical equipment supplier Eurosurgical pays €12.4m

File image of Prof Richard Conroy at  the Conrad hotel in Dublin. File photograph: Brenda Fitzsimons/The Irish Times

Prof Richard Conroy responds to allegations money raised was spent on pay for directors

Easing of trade tensions between Mexico and the US lifted the mood of global markets.

Markets report: Easing of tensions over tariffs between US and Mexico lifts global stocks

About two out of every three passengers from the Republic are travelling onwards from Hong Kong to destinations in Australasia and the Far East. Photograph: Bobby Yip/Reuters

Large number of hi-tech industries at either end contributes to Cathay Pacific passenger total

Hopes that the US, led by Donald Trump, pictured here with Chinese premier Xi Jinping,  would delay tariffs on Chinese goods boosted shares on Friday.  Photograph: Reuters

Glenveagh rises in Dublin on land deals but falls back later in day

Justin Bickle, CEO, John Mulcahy, chairman and Stephen Garvey, COO of Glenveagh in Dublin before agm. Photograph: Dara Mac Dónaill

Nama to begin recruiting development partners shortly to build 3,500 homes on site

The site for the national children’s hospital in Dublin city centre. Photograph: Gareth Chaney/Collins

For the first time, Sisk earned more revenue last year outside Dublin than within city

The former chairman of Deloitte and Touche developed expertise in several areas including tax and corporate restructuring.

Former chairman of Deloitte and Touche was known for taking on challenging work

Applegreen’s UK-based business continued to perform well despite Brexit. Photograph: Cyril Byrne

Forecourt retailer reports strong trading for the first five months of 2019

The Nigerian government says the scale of the damages is not warranted. Photograph: Pius Utomi Ekpei/AFP/Getty Images

Dispute arose over gas processing plant which was not built

Ryanair maintains that disruption caused by air-traffic-control staff shortages and strikes forces European airlines to fly longer routes, burning up to 20% more fuel. Photograph: Nicolas Economou/NurPhoto via Getty

Airline says younger fleet with fewer empty seats are the reasons for its performance

The ESB said  t it had issued a €500m  bond to European investors that is due to repay in June 2030 at an interest rate of 1.125% . Photograph: Aidan Crawley

State company will use cash to pay for electric vehicle recharging and renewable energy projects

Nama chief executive Brendan McDonagh, Minister for Finance Paschal Donohoe and Nama chairman Frank Daly at the launch of the agency’s annual report on Thursday. Photograph: Laura Hutton

Poolbeg West in Dublin capable of accommodating 3,500 new homes

The first three months of the year are traditionally the weakest for air travel. Photograph: iStock

Traffic at Shannon fell 5.1% in first quarter, while Dublin Airport saw increase of 7.57%

The authors of the report estimate that the average cost of a home in Dublin is €336,000, while banks lend 80% of the purchase price to buyers. Photograph: iStock

Report says Dubliners now need 14.3 years of income to buy a home in the city outright

Nama said it generated €3.27 billion in cash in 2018, of which €3.14 billion was from the sale of loans and properties

Agency raises surplus guidance from €3.5bn as it announces 65% rise in after-tax profits

House builders had little relief on Wednesday, traders said, as Cairn Homes fell 1.96 per cent to €1.202

House builders take Iseq hit as Brexit nerves bite

The La Stampa property on Dawson Street, Dublin 2. Photograph: Dave Meehan

Louis Murray is suing the bank and the receiver appointed to Dawson Street venue

La Stampa hotel on Dawson Street. Photograph: Dave Meehan

Louis Murray takes case over price achieved by AIB receiver for sale of restaurant

  Ecocem’s plan to build a €45 million mill in the US has ground to a halt after its partner in the project withdrew. Photograph:  David Sleator

Irish cement maker’s six-year planning battle comes to end after partner pulls out

Paul Kingston, who  has been appointed healthcare portfolio manager with BlackBee here.

BlackBee has spent €39 million on nursing homes recently, including in Cork and Clare

Bam Ireland chief executive Theo Cullinane: “The argument that we are too small a country to make a difference holds no ground.” Photograph: Michael Mac Sweeney/Provision

Dutch-owned construction group plans to halve its ‘carbon intensity’ by 2030

Dublin 6 was the most expensive place to buy a home, with an average price of €635,000, according to data. Photograph: Cyril Byrne

Total value of all homes in Republic grew by €30bn to €509bn over past year, says

Citywest Shopping Centre

Goldman Sachs and Carval back plan, which goes to consultation and permission process

Bord Gáis Energy managing director Catherine O’Kelly: “We want to be as competitive as we can be, because it is a truly competitive market out there in Ireland on price.” Photograph: Tom Honan

Catherine O’Kelly calls for transparency around costs of Government’s green ambitions and ensuring energy security in Ireland

Bord Gáis Energy managing director Catherine O’Kelly: ‘Part of being a customer supply business in Ireland is ensuring that you’ve got the supply to back that up.’ Photograph: Tom Honan for The Irish Times

Gas and electricity supply company may build a second power plant to meet demand

While the Republic’s regulator, the Competition and Consumer Protection Commission, reviews most such deals, the EU steps in where those involved reach a certain scale. Photograph: Getty Images

Team-up between Axa and Kennedy Wilson cleared by EU competition watchdog

Aircraft are painted for protection and against corrosion and must be repainted at intervals throughout their lives

Founder and majority shareholder Darragh Hall leaves company after deal with Egeria

Kevin Nowlan, chief executive of Hibernia Reit. Photograph: Tom Honan

Property investor wants to build homes on land bought from IRFU last year for €27m

US stocks dipped on Wednesday as reports that Washington could impose restrictions on another Chinese technology company fanned trade tensions. Photograph: Bloomberg

C&C and Ryanair provide most movement on Iseq

Grand Canal dock in Dublin. Employment Conditions Abroad  estimates that the average pay deal for a “mid-level” expatriate working here rose €11,395 to €198,682 last year.

Republic enters top 20 most expensive places to send expatriate executives, survey finds

Profits fell at Ryanair in its latest financial year. Photograph: Christian Hartmann/Reuters

Irish carrier awaiting delivery from Boeing of 210 planes grounded pending software fix

In Dublin Ryanair hit highs of €11 before closing 1.41 per cent up at €10.805. File photograph: The Irish Times

Ryanair advances despite Easyjet posting solid passenger growth in last six months

Eugene Murtagh is a founder of  Cavan-based Kingspan.  Photograph: Brenda Fitzsimons

Chairman and founder retains almost 15% stake of Cavan-based insulation maker

The WB Yeats delivered in December 2018 commenced sailings on January 22nd.

Irish Continental Group said UK bookings fell in run-up to March 29th withdrawal date

Change in air travel regulation recommended following 2017 review by consultants Helios

Duty for air travel safety to move from IAA to Commission for Aviation Regulation

Chris Martin, long-standing chief executive of Ireland’s biggest grocery player, Musgrave Group, is retiring

Centra and Super Valu franchise owner earned €84.5m profit last year

Willie Walsh, chief executive of IAG.

Boss Willie Walsh said loss was mainly driven by fuel costs and timing of Easter

DAA has said it can pay for its investment project without increasing its current charges, but is likely to reject any reduction in its prices. Photograph: iStock

Airport owner DAA warns proposal threatens €1.8bn investment plan

The Republic is Juul’s 10th territory. It sells in the US, Canada, Britain and several other European Union countries, along with Russia and Israel. Photograph: Rolex Dela Pena/EPA

Leading US maker of vapes to sell through service stations and specialist shops

An offshore wind farm off the coast of England, operated by Innogy Renewables.

New wave of Irish Sea developers hope generate and sell power by 2025

Ecocem subsidiary Orcem Americas intends building a plant that will grind slag from iron furnaces to make cement

San Francisco Bay officials lift a threat to the project but the company faces public hearing

Ecocem’s reputation is built on the fact it makes ‘green’ cement. Photograph: David Sleator

Officials threaten to declare plan abandoned over Ecocem partner’s ‘lack of co-operation’

Part of the group, Durkan (Davitt Road) Ltd, applied to An Bord Pleanála for permission to build 265 apartments at the disused Dulux Paints factory site in Drimnagh, Dublin

Locals have already said plan for canal build-to-rent scheme ‘entirely unacceptable’

Glenveagh chief executive Justin Bickle  Photograph: Dara Mac Dónaill

Listed group applying directly to An Bord Pleanála under fast-track rules

Gene Murtagh, chief executive of Cavan business Kingspan. Photograph: Alan Betson

Cavan company's offer needs the board’s backing and competition regulators’ approval to succeed

Edwards Lifesciences CEO Mike Mussallem. Photograph:  Diarmuid Greene

Edwards Lifesciences CEO is excited about its €160m expansion in Castletroy

An average  145,000 vehicles travel along the M50 every day. Photograph: Alan Betson

Deal with TII runs to 2031 but can be extended

Trade was mixed on Thursday as markets prepared for the long Easter weekend. Photograph: Reuters

CRH also solid, helped by positive data from US

Back-to-back deal: Kingpsan chief executive Gene Murtagh. Photograph: Cyril Byrne / The Irish Times.

Belgian player seeks more information on back-to-back deal for its foam division

Credit Card / Gold & Platinum Shopping Bliss...

Move follows failed court bid by State to seize €210,000 from Canadian-Irish group Pacnet

Aurivo processes 400m litres of milk annually

Brexit poses ‘considerable challenges’, as 16% of Aurivo milk comes from North, says CEO

  Philip Lane: he identified dependence on multinationals and the potential consequences of both global warming and efforts to prevent it as possible sources of tail risks. Photograph: Reuters

Philip Lane has written to Minister for Finance Paschal Donohoe seeking extra powers to safeguard the financial system

Kingspan chief executive Gene Murtagh. Photograph: Cyril Byrne

Cavan company has bid €700m for insulation and foam-making businesses in what would be its biggest acquisition

One Molesworth Street: among Green Reit’s buildings on which 25 per cent tax on the increase in value may need to be paid if the trust is sold.

In event of sale, tax bill of 25% looms on value increase of properties under three years old

German energy group Innogy will build three battery storage facilities in Ireland with a total capacity to store 100 mega watts of electricity.

Innogy plans three battery storage facilities in counties Dublin, Meath and Monaghan

As little as 15 per cent to 20 per cent of Irish businesses are insured against   cyber attacks. Photograph: Getty Images

Cyber attacks and GDPR are driving companies to take out insurance cover

Low interest rates and the Republic’s expanding economy helped drive demand for office space last year, according to Savills. File photograph: Artur Widak/NurPhoto via Getty

Office investments almost at €1.5bn last year – over 70% ahead of 2017, according to Savills

Jet Airways employees attend a protest demanding the release of their salaries outside company’s headquarters in Mumbai. Photograph: Francis Mascarenhas/Reuters

Indian airline’s cash troubles have forced the grounding of over three-quarters of its fleet

Stobart flies Aer Lingus Regional services between the Republic and provincial British airports. Photograph: Bryan O’Brien

Fórsa had voted for industrial action earlier this week in dispute over pay and conditions

Statkraft intends building what may be the Republic’s first battery facility at Kilathmoy. Photograph: Simon Dawson/Bloomberg

Statkraft has already started work on €30m wind farm at Kilathmoy

Prof Peter Clinch: says there are a number of hidden threats to cost competitiveness here even with Brexit continuing to loom on the horizon

National Competitiveness Council says labour costs rising quickly after flat period

A Stobart Air plane for Aer Lingus’s regional service, at Donegal Airport. File photograph: Bryan O’Brien/The Irish Times

The airline operates flights for Aer Lingus’s regional branch at Irish and UK cities

Ryanair joined several aviation stocks that got lift off from the Brexit deadline extension

Market report: Travel stocks gain extra mileage from deadline extension

JetBlue has bases at New York JFK and Boston Logan, airports to which Aer Lingus flies from Dublin. Photograph: Reuters

Move would see low-cost carrier competing with the Irish airline

Checking out house prices in Dublin. “In Dublin you could see increased demand because of more people moving in to work”

Expert says south Munster, which export dairy and beef to Britain, could suffer almost as much as the Border region in Brexit

Stobart Air operates Aer Lingus Regional services. Photograph: iStock

Cabin crew may serve strike notice over pay, conditions and union recognition

Former INBS chief executive Michael Fingleton and former chairman  Michael Walsh: ‘There was a lot of lending in January 2008.’  Photograph: Eric Luke/The Irish Times

Building society’s board had put in no-lending policy in 2008, inquiry told

Michael Stanley, Cairn Homes chief executive, is selling shares.

Chief executive and McIntoshs to place 17m shares in construction company

CCPC chairwoman Isolde Goggin warned that there was potential for considerable harm to the market if transactions were allowed to go ahead without approval. Photograph: Eric Luke

Spirit Ford owner Armalou Holdings failed to get regulator’s approval to take over rival

Growing electricity demand has been  driven by increasing numbers of data centres near the capital.

State-owned firm intends on building seven new plants in Dublin by 2023

Minister for Finance Paschal Donohoe noted the fact that all taxes were performing well reflected a sustainably growing economy. Photograph: Gareth Chaney/Collins

VAT is largest tax category as income tax rises but comes in below projections

Viridian owns the Huntstown generating plants in north Co Dublin and supplies electricity and gas to customers through its Energia business in the Republic and the regulated Power NI in the North

Ratings agency Moody’s gives Viridian a B1 credit rating

Shares in Easyjet closed 9.7 per cent down. Photograph: Stefano Rellandini/File Photo/Reuters

European shares began the second quarter of the year strongly on good data from China

Chief executive, Michael Stanley, confirmed that that the Citywest sale was aimed at institutional investors

Housebuilder hoping single institutional investor will snap up Citywest development

Michael Hanley, group CEO; Alan McCay, vice-chairman; Colin Kelso, vice-Chairman and Alo Duffy, chairman of Lakeland Dairies.  Co-operatives Lakeland Dairies and Lacpatrick formally merged on Monday creating a business with sales of more than €1 billion a-year.

Alo Duffy to chair board while Michael Hanley becomes group chief executive

According to trade union, Fórsa, the ballot would give them a legal mandate for industrial action should Stobart discipline any staff member for joining the union or taking part in a dispute.

Fórsa in row with airline over union recognition

Smyths Toys picked up the Toys R Us central European business for a reported €79 million. Photograph: Frank Miller

Contenders include Coillte for its windfarm sale, and Smyths Toys buying a division of ToysRUs

The DIT campus at Grangegorman, Dublin. WKN advised the Grangegorman Development Agency on the project.  Photograph: Dara Mac Dónaill

John McNally and JP Hilliard to take over after buying out principal Dr Bill Nowlan

Union members  say they have endured a decade-long pay freeze. Photograph: iStock

More than 90% of Eirgrid workers vote on industrial action

Kerry chief executive Edmond Scanlon took up the position in October 2017.

Edmond Scanlon’s pay package compared to €5.3m for predecessor in 2017

ESB generates electricity and sells both it and natural gas to homes and businesses. Photograph: Aidan Crawley

State-owned utilities have low-risk businesses, analysts say

Sean Doyle says he was “flattered and surprised” to be asked to take over as Aer Lingus chief executive. Photograph: Dara Mac Dónaill

Newly-installed chief executive Sean Doyle is targeting further transatlantic expansion

The deal takes Greencoat’s ownership of Cloosh Valley to 75 per cent. Photograph: iStock

Stake is for a quarter of Cloosh Valley’s total capacity of 108MW

Paddy Power Betfair chief executive Peter Jackson earned a basic salary of £710,000  in his first year in charge of the gambling firm.

Peter Jackson’s remuneration package includes £622,000 bonus

ECB president Mario Draghi indicated that the EU regulator is looking at ways of easing the impact of negative interest rates.

Market report: Attention on Republic’s lenders after Mario Draghi comments

Aalborg in Denmark: country’s fourth-biggest city.

Airline to operate flight to Danish city between June and October

A Norwegian airline Boeing 737-8JP plane lands at the Riga International Airport, Latvia March 15, 2019. Photograph: Ints Kalnins/Reuters

Customers to be transported by bus to and from Dublin after Boeing 737 Max banned

The Prospect union said it was willing to continue talks with the electricity grid company but added that it needed a more realistic approach from the firm. File photograph: Eric Luke

Staff at Systems Operator Northern Ireland vote for industrial action, including strike

AIB tumbled 2.18 per cent to €3.772, while Bank of Ireland slid 2.42 per cent to €5.24. Photograph: PA

Top Irish shares weak on volatile day with market heavyweight CRH down nearly 1.6%

Ryanair must continue paying workers at its closed base in Eindhoven, the Dutch labour authority ruled. Photograph: Peter Byrne/PA

Dutch authorities tell airline that it cannot let staff at Netherlands airport go

 Pat Farrell will leave Bank of Ireland to become chief executive of the Irish Institutional Property. File photograph: Nick Bradshaw

Outgoing head of group communications to become CEO at Irish Institutional Property

Permission for developments of 100 or more homes can bypass local councils and go directly to An Bord Pleanála, following formal consultations. Photograph: Tom Honan

Republic’s biggest landlord to apply to An Bord Pleanála for 428 apartments in Sandyford

More articles