€75m plan to roll out compressed natural gas filling stations
Gas Networks Ireland (GNI) is planning a €75m investment to roll out filling stations for compressed natural gas (CNG) vehicles.
Gas Networks Ireland (GNI) is planning a €75m investment to roll out filling stations for compressed natural gas (CNG) vehicles.
Donegal-based E+I Engineering is planning to add around 100 new jobs over the next 18 months as it seeks to expand its manufacturing facility.
Dubliners are preparing for a cashless city, according to early findings from a major Dublin Chamber of Commerce survey.
Philip O'Doherty's E+I Engineering might be the most interesting Irish company you've never heard of.
What a week it has been for followers of Providence Resources.
There has been a dramatic surge in the number of planning applications for solar farms in the last two years.
Selfridges Group is investing €4m of fresh capital in Arnotts, the Sunday Independent can reveal.
Zamano shareholders can expect to share €5.3m in cash, unless the company finds a suitable investment or is the subject of a reverse takeover.
Transfermate co-founder Barry Dowling is leaving the business.
In the battle between instant and delayed gratification, the former is hard to defeat.
GirlCrew, the global network for women to make new friends and engage in professional networking, this week launches an international app as it targets growth in the US.
Paddy Power is best known for its cheeky ads, but behind the scenes, it's a very serious operation indeed. The stock market values the bookmaker...
Senior Bank of Ireland executive Mick Sweeney is leaving the business, staff at the bank have been told.
The ISEQ index of Irish shares closed down 0.57pc as trading continued on yesterday's bank holiday.
Insurer and breakdown assistance provider AA Ireland posted a 17pc increase in profit after tax last year, according to newly-filed accounts.
A fresh assault on Ireland's corporation tax regime is coming.
Paddy Power was remaining tight-lipped about CEO Breon Corcoran's future at the weekend, but the company will have to say something this week.
Shares in Paddy Power Betfair fell as much as 8pc in morning trading in Dublin after the company confirmed chief executive Breon Corcoran is to depart.
Shareholders in Paddy Power Betfair shares are bracing for a hit when trading opens tomorrow after a report that it is hunting for a new chief executive.
The Clarence Hotel, owned by U2's Bono and The Edge, fears bad vibrations from plans to redevelop College Green into a civic plaza, according to a document filed with An Bord Pleanala.
Environmentally friendly Irish cement company Ecocem has ambitious plans to expand into the UK and will not let Brexit get in the way. Micheal McKittrick, managing director of the UK & Ireland arm of Ecocem, is pushing ahead with a big expansion drive in Britain with the belief that demand for its products will grow, regardless of the country's changing relationship with the EU.
Bank of Ireland has agreed to buy a portfolio of mortgages from so-called vulture fund Lone Star, the Sunday Independent has learned.
Solar energy company Lightsource is plotting a 129-hectare solar farm in Dunboyne in Co Meath. Market sources said the project is expected to entail a €60m investment and that it would be the second largest solar farm approved by planners if it gets the go-ahead from Meath County Council.
Irish software business FieldAware raised almost €3m from investors, including Bill McCabe's Oyster Capital and former Enterprise Ireland executive Walter Hobbs.
Donegal-based E+I Engineering last year engaged UK advisers with a view to a possible sale of the business, the Sunday Independent understands.
Solar energy company Lightsource is plotting a 129-hectare (318ac) solar farm in Dunboyne in Co Meath. Market sources said the project is expected to entail a €60m investment and that it would be the second largest solar farm approved by planners if it gets the go-ahead from Meath County Council.
They say you should never go back but Kieron Branagan did and it seems to be working out pretty well. He walked away from his job as chief executive of OpenJaw after a big disagreement with the company's (now former) owners.
Lightsource, the solar energy business run by Antrim man Nick Boyle, has signed a £1bn partnership deal with investment giant BlackRock.
Further Irish projects look to be off the menu for Eddie O'Connor's Mainstream Renewable Power (MRP), according to a report carried out on the business by EY last year.
Insurer FBD is entering the travel insurance market, the Sunday Independent can reveal. The strategic move is being made on the back of Central Statistics Office figures showing increases in the number of foreign trips being taken by Irish people.
A report on Eddie O'Connor's Mainstream Renewable Power valued the company's portfolio at just under two-thirds the value of Mainstream's own estimates, the Sunday Independent can reveal.
The liquidator of cake-decorating business Decobake has appealed to staff for their "help and co-operation" as the dispute over the company's future developed further during the week.
Oil and gas explorer United Oil & Gas has successfully raised £3m and completed a reverse takeover of Senterra Energy.
IFG chief executive John Cotter has said uncertainty over potential sanctions from the UK tax authorities is "distracting" from the company's performance.
Toll road operator turned renewables outfit NTR is looking to raise €500m to build its portfolio. The capital raised will be used for a new green energy fund.
Energy company SSE has discovered problems with the concrete foundations of as many as 50 wind turbines in Ireland, according to a report.
Eddie O'Connor's Mainstream Renewable Power is looking to raise as much as €120m of equity from investors following the sale of its Scottish offshore wind farm project.
Commercial semi-state Bord na Móna will today unveil a €1.2bn investment programme with a major focus on renewable energy projects.
Irish hotels and guest houses have seen business improve in the first six months of this year, despite a majority reporting a fall in UK visitors on foot of the Brexit vote.
Minerals explorer Erris Resources is looking to float in order to raise funds for drilling a zinc prospect in Sligo.
Decobake, the cake-making equipment business that was put into provisional liquidation in high-profile circumstances on foot of an application by Dublin City Council, is to be partially reopened.
The chief executive of Tramore-based software company Nearform has reached a deal to increase his stake in the business.
Two years ago, Providence Resources looked like it was on the cusp of going bust. Now, however, it is arguably the most exciting business in Ireland as it starts drilling off the west coast in search of oil.
The ISEQ index of Irish shares was largely unchanged yesterday, closing up 0.1pc at 6,902.56.
Cork-based fuel supplier Inver Energy has been sold to the UK firm Greenergy. The financial terms have not been disclosed.
Ireland raised €750m on the bond markets this morning, selling five-year bonds at a negative interest rate for the first time.
Startup Butternut Box, which makes home-made dog food, has raised £1m (€1.13m) in seed funding.
The Corrib gas field has left Shell and its partners in the project with losses running to the best part of €2bn to date.
Irish-focused zinc explorer Group Eleven's planned flotation will take place in Canada, with the company aiming to execute the deal before the end of the year.
Dublin-listed UDG Healthcare has sealed a deal to buy a US-based healthcare management consulting firm for up to $32m (€28m).
Strong competition for land between developers is eating into margins here compared to Britain, according to the head of listed housebuilder Abbey.
Revenue at Woodie's owner Grafton Group rose 9pc year-on-year in the first half, according to a trading update issued yesterday.
Plastics business Athlone Extrusions is to be sold to a Swiss buyer for €48m.
A Limerick-based company is planning to create more than 50 jobs as it seeks to commercialise an efficient turbine designed to generate power from the flow of a river.
London-listed Irish oil and gas explorer San Leon energy is blaming "procedural reasons" for its failure to publish its accounts on time.
Irish zinc explorer Group Eleven Resources is planning to float later this year after agreeing a deal to buy 60pc of a prospect which covers areas of Co Longford and Co Westmeath.
John Sisk & Sons has topped the charts in a new survey of revenues at Ireland's building contractors. With 2016 revenues of €1.05bn, the company is comfortably ahead of its nearest rivals, Jones Engineering Group and BAM, which both posted revenues of €385m.
Irish oil and gas explorer San Leon Energy has received a conditional takeover offer valuing it at £305m-£347m (€347m-€395m).
Irish recruitment firm Berkley Group has been sold for an undisclosed sum to a member of management and a number of new investors.
Former junior finance minister Eoghan Murphy is getting something of a baptism of fire in his first senior ministerial role.
When police officers investigating the sale of fake goods swooped on an open-air market in the North, they were quickly drawn to a modest stall selling cosmetics by the luxury French brand Clarins.
Developer Pat Crean's Marlet Property Group has acquired a major 16-acre site in Tallaght which market sources believe has the potential for as many as 1,500 residential units.
Mining giant Teck is in talks to sell its stake in a Limerick joint venture with John Teeling's Connemara Mining.
A well-known Dublin businessman and socialite who stole Clarins cosmetic products with a retail value of €725,000 was investigated by gardai after the PSNI arrested a man in Northern Ireland on suspicion of selling counterfeit cosmetics.
On June 23 2016, Ireland’s business community had the usual concerns: an uneven recovery, patchy consumer confidence and their own bottom line.
Insurance intermediary Blue Insurance is up for sale, the Sunday Independent understands.
The principals of Irish investment firm FL Partners are understood to be exploring social housing projects worth €50m in Dundalk and Clonmel.
Property investor and developer Foxglove Finance expects to fund 350 residential units over the next 12 months.
What's it like to have €8bn to spend? Eugene O'Callaghan is one man who knows. He's the director of the Ireland Strategic Investment Fund (Isif), the successor to the National Pensions Reserve Fund (NPRF), which has €8bn of taxpayer's money to deploy.
Plynk, the money messaging startup that closed a €25m fundraising deal earlier this week, is valued at more than €50m after the deal.
An investment partnership including former Anglo Irish Bank chairman Sean FitzPatrick, and some of the most high-profile names in Irish business, received about $650,000 (€576,000) in distributions in 2015.
The Strategic Banking Corporation of Ireland (SBCI) is in advanced discussions about adding two new lenders to its books.
Boylesports chief executive John Boyle plans to retire from the role this year, the Sunday Independent can reveal. It's understood Boyle (61) will remain on as chairman at the bookmaking firm he founded.
Irish wholesale gas prices were on average 18pc higher year-on-year in May, according to the latest market report from energy suppliers Vayu Energy.
'I've been CEO now since 2012, and that's not my gig. My gig was retail and going out and finding stores. But I've gone in and I've enjoyed it for five years. I'm ready this year to step back from the frontline of being CEO."
Well-known Dublin watering hole Scruffy Murphy's is set to be demolished after plans were lodged for a five-to six-storey aparthotel at the site.
The number of AIB shares set aside for retail investors as part of the upcoming IPO is yet to be determined and will be decided on the basis of overall demand.
The Ireland Strategic Investment Fund (ISIF) is "actively working" on 60 potential investments, with another 40 at an early stage.
Cerberus has had a receiver appointed over certain assets of a company connected to one of Ireland's wealthiest families.
Damien Murtagh, an architect and brother of Kingspan chief executive Gene Murtagh, has launched a Kickstarter funding campaign for his architectural model building kit.
Irish broadband and telecoms business Magnet Networks is teaming up with Cisco to provide a supercharged wifi system in the area around Wembley at next Saturday's FA Cup final.
Visit from Chinese banker should showcase Ireland
BDO is at an early stage of discussions for establishing a successor fund to its Development Capital Fund, the Sunday Independent understands.
As a schoolboy Billy Kane used to sell sticks of rock to tourists visiting Bray. Years later he walked away from his job as chief executive of Irish Permanent to set up a niche financial provider.
Listed travel-software firm Datalex has appointed corporate advisors Evercore to help it explore strategic options for growth, the Sunday Independent has learned.
United Oil & Gas, the explorer which is plotting a listing in London, is looking to raise around £3m as part of a share placing in tandem with its reverse takeover of Senterra Energy, the Sunday Independent understands.
Investment fund Carlyle Cardinal Ireland (CCI) is in advanced negotiations to take a majority stake in pharmacy group Sam McCauley, the Sunday Independent understands.
Finance Ireland boss Billy Kane aims to float the alternative lender or sell it to a trade buyer within the next three to five years.
Imagine what a pharmaceutical manufacturing plant looks like and you probably don't place it in the middle of a vast sprawling housing estate in Crumlin.
Harold’s Cross Greyhound Stadium is to be sold to the Department of Education in a deal agreed by the Department and the Irish Greyhound Board (IGB), independent.ie understands.
Kingspan boss Gene Murtagh thinks his company has "knocked it out of the park" in recent years. It's hard to disagree with that assessment.
Life sciences investment group Malin is to embark on a fundraising drive, seeking to raise as much as €30m via a private placing.
An investment group led by Irish entrepreneur Colm Piercy has bought a major US data centre company. The firm, 365 Data Centers, has been bought by Piercy's Chirisa Investments in partnership with private equity firm Lumerity Capital and another investor, Longboat Advisors.
Over a quarter of shareholder votes went against a new incentive scheme for senior staff at Kingspan.
Over a quarter of shareholder votes went against a new incentive scheme for senior staff at Kingspan’s agm.
Tech giant Microsoft is offering Irish landowners a subsidy for planting trees. The €1,000 per hectare payment is on top of a subsidy offered by Government as part of efforts to increase Ireland's forest cover.
Irish wave energy company Openhydro is raising between €50m and €90m from shareholders to fund the commercialisation of its tidal technology.
Retail group Musgrave is introducing a chip shop franchise, the Sunday Independent has learned.
If the banks don't have the capability or the appetite to finance enough houses, what other options are out there?
Maynooth University is planning a €300m redevelopment of its campus over the next seven to 10 years as it seeks to cater to growing numbers of students.
CRH boss Albert Manifold has topped the Sunday Independent's survey of top Irish bosses' pay for the second year in a row. The leader of Ireland's biggest company earned more than €11m in 2016, a year in which he continued to drive forward an ambitious, acquisition-heavy growth strategy.
It services company Evros has acquired rival Comsys for an undisclosed sum. Evros is on an acquisition trail at the moment, and managing director Brian Larkin told the Sunday Independent that the rationale behind the deal was to improve the company's capabilities with Dell EMC, a strong partner of Comsys.
The Irish greyhound industry is on the brink of collapse, with greyhound trainers and breeders being forced out of the sport, TDs and Senators have been told.
Galway-based stroke care firm Neuravi has been bought by an offshoot of multinational giant Johnson & Johnson (J&J).
Galway-based strokecare firm Neuravi has been bought by an offshoot of multinational giant Johnson & Johnson (J&J).
Enterprise Ireland boss Julie Sinnamon has issued a fresh appeal for businesses to act to mitigate the effects of Brexit.
Irish airline CityJet is ceasing its engagement with trade union Unite regarding a row over pilots' conditions, and has said it will deal with a different union from now on.
Publican Frank Gleeson spent 16 nights in Dublin hotels at the Mercantile Group's expense, with regular visits to the plush Intercontinental Hotel, despite living in Dublin, according to a legal filing.
Irish travel software business OpenJaw is embarking on an ambitious expansion plan which will see it target a doubling of its workforce to 450 and an increase in annual revenues to more than €40m over the next three years.
As boss and controlling shareholder of the Mercantile group, Frank Gleeson was used to having things his own way. But that all changed when he merged the business with a rival entity, Capital Bars, becoming a minority shareholder in the process. When the deal completed - forming a group encompassing some of Dublin's best-known bars and restaurants - Gleeson spoke of his "ambitious plans to grow the business further both in Dublin and internationally".
Broadcaster and journalist Vincent Browne has bought back the right to publish Magill Magazine.
Former rugby star and Pendulum Summit chief executive Frankie Sheahan has been declared bankrupt. The ruling was made last week and comes on the back of loans drawn down from Bank of Ireland.
Growth has returned in the Irish property market, and some of the old faces are back with a bang, too. Johnny Ronan, probably the most high-profile of all Irish property developers, exited Nama two years ago and has assembled an exciting mix of new projects.