Sajan officially opens EMEA HQ and R&D Centre in Dublin
Mr Dara Calleary T.D., Minister of State at the Department of Enterprise, Trade and Employment with responsibility for Labour Affairs, today (18th January 2010) officially opened the new EMEA Headquarters of on-demand translation technology and service provider, Sajan, Inc., in Dublin.
Sajan Software, Ltd., a wholly owned subsidiary of Sajan, Inc., plans to generate 35 high [...]
River Media cuts salaries by up to 20%
The River Media group has announced pay cuts for staff across all its newspapers from January 20. Cuts are between 10 and 20 per cent, depending on salary level.
Managing director Padraig O’Dwyer wrote in a memo that advertising revenues were down 20 to 30 per cent in many newspaper businesses and,
‘‘despite some indications that the [...]
Construction of a data centre creates 90 jobs
Data centre and managed services company, Interxion have announced the construction of a new Data Centre in Dublin which will create 90 new jobs with StructureTone, who will be responsible for the construction project
The new Data Centre which will cost an estimated €12m, we be built to meet the growing customer demand for energy efficient [...]
The green economy is here according to Eamon Ryan
Energy Minister, Eamon Ryan today launched the Green Economy Report in Government Buildings which outlines what has been achieved so far as well as targets that Ireland will be achieving in the future.
The report covers a wide range of schemes such as investment by bodies such as ESB as well as changes in rules that [...]
C&C buys UK brands for €50m
The Drinks group C&C says it has bought the UK cider assets of Constellation Brands for £45 million (€50m).
According to InsideIreland, the purchase includes brands Blackthorn, Olde English and Gaymers, a production facility in Somerset England and a distribution warehouse in Bristol.
C&C Chairman, Tony O Brien said that the company will triple its sales after [...]
Bank Of Ireland will not need any further financial aid from the state
The Bank of Ireland says it that it will not require any further financial aid from the state, according to a five-year business plan it has submitted to authorities in Europe.
The bank’s governor Pat Molley told a Joint Oireachtas Committee hearing on Finance and the Public Service today that the bank was committed to engaging [...]
According to the NCB, Ireland is becoming more competitive
According to a report by NCB, Ireland is becoming more competitive relative to its eurozone counterparts.
The core Consumer Price Index is falling by approximately 1% year on year compared with the eurozone core inflation rate of +1.1%.
However, Ireland needs to improve and maintain a competitive advantage given the Weakness and instability of domestic demand.
The stockbrokers [...]
€60 million saved on energy bills by large employers
Some of Ireland’s largest employers improved their competitiveness by avoiding €60 million in energy costs during 2008.
The Minister for Communications, Energy and Natural Resources Mr Eamon Ryan, announced the news at the Sustainable Energy Ireland (SEI) global conference on energy management in Farmleigh, Dublin.
The global conference included energy experts from over 20 countries including the [...]
IBEC calls for job protection and stimulus by Government
The Irish business and employers confederation (IBEC) has met the Minister for Finance Brian Lenihan to present its budget submission and stressed that preserving and creating employment, along with the stabalisation of the public finances, should be the a main priority of the Government.
In it’s pre-budget statement, the IBEC said that the Government should use [...]
The Lynch Hotel Group is successful from it’s examinership process
Lynch Hotel Group which is one of Ireland’s largest hotel operators, has successfully emerged from its examinership process.
This afternoon, the hotel group who operates a chain of large and popular hotels across Ireland, received a positive outcome at a confirmation hearing following the issuing of the Examiner’s report to the High Court.
In order to protect [...]