Diageo to trigger major new city centre development on St James's Gate site
Diageo is poised to trigger the development of land at its iconic St James's Gate site in Dublin in a move which would lead to the creation of a new...
Diageo is poised to trigger the development of land at its iconic St James's Gate site in Dublin in a move which would lead to the creation of a new...
Convenience retail brand Mace plans to add 50 new stores to its nationwide network by 2020, with the chain targeting new urban and rural locations.
In 2007, Sharon McCooey made a huge career decision, one which she describes as "beyond massive". After years of working in high-level positions for multinationals and high-growth...
It has been a busy few months for Moy Park, one of Europe's biggest chicken processors.
Virgin Media Ireland's chief executive has written to Communications Minister Denis Naughten, claiming that a plan to make it pay to carry RTE would lead to increased prices for consumers.
Dunnes Stores is planning to convert a large shop on George's Street in Dublin into two restaurants.
Dozens of Ireland's largest companies are awaiting key tax decisions from Revenue after the tax authority introduced new rules limiting the lifetime of its opinions to five years.
The IDA has told Dublin City Council that a proposed new film studio has the potential to have a "significant impact on the economy".
The Mercantile Group, which will now be wholly owned by a US-based company, is targeting revenue growth across its pubs of 30pc after it completes an ambitious refurbishment plan.
Investment group Danu Partners has exited the Mercantile Group of pubs by selling its stake to the majority shareholders for over €10m. After debt, the net proceeds were over €6m, it is understood.
If new DAA ceo Dalton Philips is curious about the reception that awaits him when he takes up his role next month he should grab a copy of the latest UCD Connections alumni magazine, which contains an frank interview with Aer Lingus ceo Stephen Kavanagh. In it Kavanagh details the conflict between the two companies, first revealed in these pages some months ago.
The Revenue has told tax advisers that it will try to speed up the processing of the Employment and Incentive Investment Scheme (EIIS), which has been bogged down in delays this year.
Three years ago there was uproar among sports fans when it emerged that Sky had bought the rights to a raft of hurling and football games. The airwaves were filled with sceptical discussions about the UK company's ability to cover GAA, and some fans eagerly awaited for its coverage to...
Sky Ireland has set aside €2m for Irish programming and has met with Irish producers seeking ideas for a new show.
The owners of one of Ireland's oldest hotels, the Malton in Killarney, Co Kerry, are to re-brand the property and revert to its original name, the Great Southern. The Scally family, which also owns the five-star Hayfield Manor Hotel in Cork, has owned the Malton since 2014.
The National Concert Hall was decked out in TV3's signature silver and purple hues last week for the glitzy launch of its autumn schedule. The last quarter of the year is the key revenue-generating season for television and so the team from Ballymount in Dublin was in full showbiz mode, highlighting the best the group has to offer to media and advertisers alike.
Buccaneering developer Johnny Ronan made a splash in the media late last month with his interview in Property Week. In it he drew on a tale about his past ambitions for one of the world's most iconic buildings, the Empire State Building.
The weakness in sterling has the potential to "wipe out" a number of Irish SMEs, the British Irish Chamber of Commerce has warned.
Greencore was the talk of the markets this week, with chatter only intensifying following a statement from the company reassuring investors there is no need to panic.
Irish plastics company One51 will this week confirm plans to explore a listing within 12 to 18 months following board approval to progress the proposal.
Solicitor and property developer Noel Smyth has submitted plans for a nine-storey hotel in Dublin city centre.
New research suggests that there is a "two-speed economy in Ireland", with construction projects concentrated in Dublin and the east coast, according to the Construction Industry Federation.
Eoin Kellett has adopted a very useful philosophy, given that he is constantly exposed to the mouth-watering smells which waft into his office from the Cadbury plant in Coolock, Dublin. "I'm a firm believer in "calories in, calories out" says the managing director of Mondelez Ireland, which owns the chocolate maker, as well as a host of other food brands.
Global business-to-business payments platform TransferMate has beefed up its senior management team after confirming it has gained full US regulatory approval.
Plans by RTE to move the Fair City set to another location at Montrose in order to clear its site for the recently agreed sale are turning into a bit of a soap opera itself.
The Irish franchise holders of global footwear brand Skechers, Paul Gallagher and Sunil Shah, have warned that expansion plans have stalled.
Women remain significantly under-represented on the boards of Irish listed companies - with gender balance improving little over the past four years, according to new research.
RTE's planned redundancy scheme is viewed as too generous by the Department of Public Expenditure and Reform, which has suggested it consider other public sector schemes with lesser terms.
Value Retail, the owner of the popular shopping complex Kildare Village, has submitted plans for a €50m extension which would add another 29 shops and two restaurants to the scheme.
Sullivan's Brewing Company, based in Kilkenny, has been pulling in some international investment (as mentioned in this column last week) and one of its US backers was in Dublin last week.
Sponsors still view Gaelic football and hurling as the most popular sponsorship opportunities in Ireland, with one-in-five sponsorship deals in Ireland linked to the GAA, according to sponsorship experts Onside.
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.
The Department of Public Expenditure and Reform has flagged concerns to RTE that its new redundancy scheme is overly generous in its current form.
Telecommunications company Eir is to 'retire' its Meteor mobile phone brand this September. The Meteor brand has been in existence since 2001 and has over 750,000 customers.
RTE's radio station 2fm was the only station at the broadcaster whose commercial revenue fell last year. A breakdown to each station's commercial income and public service top-up is revealed in RTE's Annual Report, which was published last week.
Legal costs relating to an inquiry by the Office of the Director of Corporate Enforcement (ODCE) and an independent corporate governance review at Independent News & Media (INM) have already exceeded €1m, it is understood.
It's so nice to get a neighbourly welcome to your new home, especially when you've shelled out €5.6m for your swanky pad with one of the best addresses in Dublin.
Tax advisers are blaming increased caution among Revenue officials in the wake of the Apple tax ruling for crippling the State's main business scheme, the Employment and Incentive Investment Scheme (EIIS).
Bernstein, a New York broker, has issued a sell recommendation on the Irish low-fares airline Ryanair, in a note entitled 'Doomed to Grow'. The broker believes that while the company may have a strong summer, it could see a 25pc downside to the company's share price, amid what it claimed were "fundamental challenges".
Ergo has been so busy following the travails of Harvey Specter in Suits, the runaway Netflix legal series, whose seventh season kicked off last week, that I forgot to look in my own backyard for some hot legal gossip.
The Dublin-based records and information-management company Oasis Group has acquired a Cork document-storage business, making it the company's 28th acquisition.
The competition authority examined the links between private equity giant Carlyle and health chain Holland & Barrett in its examination of the takeover of the Irish group Sam McCauley Chemists.
Plans for a trip to Las Vegas seem to elicit two types of response. People either turn their noses up and say the city, known for gambling and neon, is of no interest to them. Too flash and too tacky. Alternatively, their eyes widen at the thoughts of the hedonistic city where anything goes - once you have the money, that is. Indeed, one woman I know shrieked at the mention of a holiday in sin city, which has played a starring role in dozens of movies, ranging from The Hangover to Martin Scorsese's Casino.
The fast food giant McDonald's is scaling back its head office operations in Ireland, with the business set to be managed from the UK.
An Post is seeking to increase its share of the parcel market over the next four years, with ambitions to grow the division's revenues to well over €200m.
Eleanor McEvoy remembers well the day when the problem and scale of online piracy hit her for the first time. While working on her album I'd Rather Go Blonde in 2009 and 2010, she decided against releasing it online.
Developer and lawyer Noel Smyth has made his latest move at department store Arnotts, with a chunk of the Henry Street property now boarded up for his future use.
Although Vincent Carton and his brother Justin finalised the sale of the family business just last week, the most emotional moment came five years ago. Between them, the brothers have eight daughters. At a family sit-down, the brothers asked if any of the young women were interested in joining the company, the chicken processor Manor Farm.
RTE has outlined the grave difficulties being faced by the broadcasting media in a document submitted to the Broadcasting Authority of Ireland (BAI) in recent days.
Vincent and Justin Carton, who sold their Manor Farm chicken business in a deal worth up to €94m last week, are setting up a company to fund the business ambitions of the next generation of the family.
It's not every day you meet Ireland's two youngest billionaires. However, the Department of Finance was left scrambling through Minister Michael Noonan's diary when he was reminded of a meeting with fellow Limerick men Patrick and John Collison on a trip last year to San Francisco.
Irish poultry giant Moy Park may attract the interest of a large Chinese buyer after being put up for sale by its Brazilian owner JBS.
The Government is resisting calls from Microsoft for Ireland to become 'a global leader' in cloud-based technology by moving central public services onto a cloud-based system.
A number of small radio groups plan to apply for new radio licences which the Broadcasting Authority of Ireland (BAI) is preparing to make available.
Building walls can be a divisive topic, and one put up by Dunnes Stores in Newbridge, Co Kildare has stirred up quite a bit of controversy among local businesses.
Minister of State Mary Mitchell O'Connor launched a broadside at Taoiseach Leo Varadkar by insisting that the Government is "not leading by example" on the diversity cause.
Exciting times over at AIB where the bank is pushing on with its long-awaited return to private ownership, overseen by outgoing Finance Minister Michael Noonan.
Sky and RTE have clashed over plans by the Government to capture some of the €50m in Irish ad revenue going to the London-based media group and other UK channels.
Enda Gunnell speaks professionally and seriously about his energy company Pinergy, originally a play on pay-as-you go metered electricity. And it is not until Munster rugby is mentioned that the Tipperary man's eyes light up. So it is difficult to not be a little bit sceptical when he says he had nothing to do with Paul O'Connell becoming a spokesman for the company in its early advertising campaigns.
Pinergy, the pay-as-you-go electricity company, is expanding its services in order to target the SME market. The company, whose investors include the family of Peter Coates, one of Britain's richest men, and former Ireland rugby captain Paul O'Connell, will offer a range of sustainable energy solutions for businesses, including solar energy and retro-fitting of LED lighting.
Retail parks and shopping centres around the country have generally enjoyed an improved performance over the past two years, but tenants in many centres continue to struggle, according to new research.
AIB will pay no tax on profits for up to 30 years due to the huge losses it racked up over the course of the financial crisis, stockbrokers and market analysts have been told.
The sale of small and medium business loans by Ulster Bank to so-called vulture fund Sankaty, an affiliate of US private-equity house Bain Capital, caused a wave of fear across the Irish business community last year.
Irish plastics company One51 is targeting a listing on the Toronto stock exchange as early as next year, which will put a valuation of over CAD$1bn (€663m) on the company.
Chill Money, the lending business of Chill Insurance, has launched a credit card and is considering entering the mortgage market within the next 12 months.
A research initiative by Independent News & Media (INM), The Book of Evidence, received recognition at the International News Media Association Global Media Awards which took place at the Harvard Club of New York City last Thursday.
Two British-based tech entrepreneurs are taking quite an interest in Irish student accommodation. Angel investor Shukri Shammas and Tareq Naqib, both founders of Initial Capital in the UK, have invested in a string of start-ups. Among the projects which Shammas has been involved in was Playfish, a developer of free-to-play, social network games owned by Electronic Arts.
From a young age, Ger Brennan was hell-bent on getting into a career in pharmaceuticals.
John McColgan and Moya Doherty have sold Gateway House in Dublin, the former head office for their international hit show Riverdance, for close to €5m.
The country's accountancy bodies have clashed with the Revenue Commissioners over a letter campaign which targeted 500,000 self-employed people.
As role models go for women in engineering, Peggy Johnson is one of the best. Microsoft's executive vice-president of business development drives the software giant's M&A strategy and was in UCD in Dublin last week with the aim of inspiring schoolgirls to consider a career in science, tech, engineering or maths (Stem).
Independent News & Media's new agri-digital content and advertising product FarmIreland.ie celebrated an extremely strong initial performance this week.
Ian Curley has had a busy few months in his new gig at Ardagh, getting the long-planned for listing on the New York Stock Exchange off the ground last month.
An Post will fight to retain the contract to collect the TV licence fee, which is expected to be put out to tender after legislative changes.
RTE is to launch a significantly upgraded version of its video-on-demand service RTE Player later this year.
Irish wave energy company Openhydro is raising between €50m and €90m from shareholders to fund the commercialisation of its tidal technology.
The retail industry has entered recession, according to representative group Retail Excellence Ireland (REI).
Leading proxy advisory firm Glass Lewis has said it "strongly believes" that construction materials company Kingspan should appoint a qualified "independent-on-appointment non-executive director" to the role of chairman.
For every story, there's a backstory, right? That certainly seems to be the case for a planning dispute between high-flyer Declan Ryan and property consultant Tadhg Campion over a mews which backs on to Ryan's new period home at number 9 Harcourt Terrace - a protected structure formerly owned by art auctioneer John De Vere White.
One of the country's largest ad agencies has described TV3's rebranding of its three stations, including the channel formerly known as UTV Ireland, as "disappointing".
A raft of new examinerships are likely among retailers due to renewed implementation of upward-only rent reviews, according to lobby group Retail Excellence Ireland (REI).
High-flyer Declan Ryan snapped up a six-bedroom period home on Harcourt Terrace, in Dublin 2, four years ago - a bargain at only €2.5m.
A subsidiary of one of the world's largest toll road operators is suing the National Roads Authority - becoming the second bidder for the operation of tolls on the M50 to do so.
The Revenue Commissioners have issued advice to shareholders of Irish fruit company Fyffes regarding the Capital Gains Tax (CGT) implications of the company's takeover.
GOLF superstar Rory McIlory’s estimated wealth has risen to €125m, making him the top ranked sports personality on the Sunday Independent Rich List of the 300 wealthiest people in Ireland.
Nama continues to be embroiled in a row with the authors of a highly-critical report into a number of its largest sales that claimed taxpayers had potentially lost out on €18bn. Written by economist Jim Power, it was commissioned by David Daly, a developer and former Nama debtor.
Luxury department store Brown Thomas has completed a three-year €24m investment programme at its Grafton Street shop with the opening of a new 'athleisure' section, new cafe and new standalone beauty lounge on nearby Clarendon Street.
The worth of the 300 wealthiest people in Ireland has hit €100bn, following a bumper year for property, bonds, stocks and other assets.
Things have never been better for Ireland's super-rich, with their total worth heading for a record high of just over €100bn, following a bumper year for property, bonds, stocks and other assets.
It is a couple of years since the Slazenger family, who own the Powerscourt Estate in Enniskerry, Co Wicklow, revealed plans for a whiskey distillery and visitor centre on its grounds. Local entrepreneurs Gerry Ginty and Ashley Gardiner are behind the €10m project, which is pulling in some impressive additions to its team.
THE wealthiest 300 people in Ireland are revealed in the Sunday Independent’s Rich List 2017.
For many Irish businesses, the prospect of Brexit is a source of fear and uncertainty, but for Tommy Kelly the UK's departure from the EU presents a new opportunity. His company, the Dublin-based eShopWorld, is all about making it easy for retailers to sell across borders. "Brexit creates another market for us so the UK just pops up as another region," he says. "It is clearly going to have challenges for different aspects of business but for us it creates opportunity and the UK is a significant e-commerce market, so we're watching it closely."
RTE has toyed with selling a chunk of its very valuable Dublin 4 site many times but as money has become increasingly tight, the pressure to cash-in has intensified. The broadcaster is to sell over eight acres of its site for more than €75m and as it tries to reshape the operation for a digital age, there will be no shortage of options for this sizeable windfall.
Citadel, one of the world's largest hedge funds, has emerged as an investor in Irish packaging company Ardagh following its recent flotation.
The 14-year sponsorship by RBS of the Six Nations came to an end this weekend, but investment by businesses in rugby is expected to remain buoyant.
A briefing note for Taoiseach Enda Kenny by department officials about a request from the RDS for a substantial funds towards its redevelopment said there was no provision for such a grant in 2017 or future allocations.
Construction on the new €15m Dublin Liberties Distillery and visitor centre at Old Mill Street began last week, with the project due for completion next spring.
Chanelle McCoy has been asked to appear on several reality shows over the years, but for all the wrong reasons. As the wife of champion jockey AP McCoy, she has often featured in newspaper social pages, assumed to be a glamorous WAG, while her own career has remained in the shadows.
Davy and other underwriters of the Ardagh flotation will share in discounts and commissions of between $18.4m (€17.1m) and $21.2m (€19.1m), according to a full prospectus which was filed late last week.
Food companies Kepak and Oliver Carty have said that traditional pork and bacon sales in Ireland are declining, with little room for growth.
Irish online recruitment company Jobbio has entered into a partnership with media giant IDG UK in a move which should significantly increase the firm's revenues in the market.
The proportion of female directors in startup companies has declined over the past five years, according to new research across private Irish firms.
An Post is expected to seek the closure of more than 200 post offices and the co-location of many more to convenience stores in a radical restructuring plan.
An Post is expected to seek the closure of more than 200 post offices and the co-location of many more to convenience stores in a radical restructuring plan being formulated for the ailing postal network.
A plan by An Post to restructure the post office network is expected to require the closure of over 200 post offices, the Sunday Independent understands.
TV3 Group's ad revenue is to take a hit this month following very difficult negotiations over advertising rates with one of the country's most powerful media buying agencies Core Media.
Sales at BWG Foodservice, one of Ireland's largest food service businesses, will surpass €100m in the current year due to the company signing a number of new supply contracts.
Voxpro, the Cork-based outsourcing business which is currently seeking new investment, has committed to opening an office in the Philippines in the next financial quarter.
Irish building-materials firms CRH and Kingspan look set for a boost from a eurozone-wide uplift in infrastructure investment, according to Goodbody Stockbrokers.
Independent radio broadcasters have warned the regulator that the sector is "in danger of extinction".
An investment of up to €1bn in technology by Bank of Ireland will bolster its ability to pursue acquisitions, according to chief executive Richie Boucher.
Irish-owned telecoms company Digicel is working with local suppliers to mitigate the risk of currency fluctuations, which have hit revenues and profits at the group.
This weekend marks eight years in the top job at Bank of Ireland for Richie Boucher and his direct manner and distinctive Southern African tones have become the voice of the bank through some difficult times. Sitting in his corner office of Bank of Ireland's understated head office on Mespil Road, Boucher bemoans how his identity and the bank's have become so closely intertwined.