Friday 24 November 2017

CWT flying high as sales increase 43pc


BUOYANT export markets helped corporate travel agency Carson Wagonlit Travel (CWT) to a 43pc increase in Irish sales last year, despite the economic downturn.

CWT Ireland said last night that sales in Ireland reached €39.4m in 2010. CWT has been in Ireland since 2008 when it acquired Executive Travel.

Irish sales growth is well ahead of a 13.5pc increase in global sales for the Netherlands-based company, CWT announced yesterday. Globally, CWT reported sales of $24.3bn, up 13.5pc compared to 2009.

Flynn to join board of Grafton Group

GRAFTON Group has appointed Annette Flynn as a non-executive director of the company. Ms Flynn is currently listed as an executive director of United Drug, where she has been on the board for the past seven years. She is currently managing director of United Drug's packaging and speciality division and previously held senior positions with Kerry Group.

Persian Gold to change name

SHAREHOLDERS of Irish AIM-listed gold and precious metals explorer Persian Gold have approved the acquisition of Hydrocarbon Exploration and a change of name to Clontarf Energy at a general meeting. Persian Gold's AIM designation will change from PNG to CLON. It is expected that the acquisition of HyEx will be completed by April 5. Trading in the enlarged Clontarf Energy is expected to start the next day.

Cluver to step down from Fyffes in April

FYFFES has announced that Dr Paul Cluver is to retire as a non-executive director of the fresh produce company, with effect from April 30.

Start-up queries to FSAI rise 72pc

THE FOOD Safety Authority of Ireland (FSAI) reported yesterday there has been a sharp increase in those wishing to set up a new food business in Ireland. Since 2008, its free industry advice service has handled a 72pc increase in requests for specific information and resources to assist a business start-up. In response, the FSAI will launch a new section on its website.

Irish Independent

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business