Business Irish

Saturday 24 March 2018

Just Mobile signs handset agreement


JUST MOBILE, the mobile virtual network operator that began operations in October, has signed a handset distribution deal with Data Select, the company owned by BBC 'Dragon's Den' participant Peter Jones. The partnership will include the operation of a fulfilment centre in Dublin. It's the first time Data Select has entered the Irish market.

Key price index rises 8pc in November


THE BORD Gais Energy Index, an Irish-specific index designed to measure prices in the wholesale energy market, increased by 8pc in November to 121. This was due to a combination of higher commodity prices following greater energy demand during the earlier-than-expected colder weather and a weakening of the euro.

Three million cases sold by Jameson


JAMESON is now selling three million cases annually, according to its parent company Pernod Ricard. Growth in the US, Jameson's largest export market, contributed to the brand's success, with one million cases sold.

Primark opens new store in Germany


PRIMARK, parent of Penneys department stores, has opened a new store in Gelsenkirchen, Germany. The store encompasses three floors and employs 422 people. It is the third Primark to open in Germany and the 21st new store this calendar year.

Industry group says costs must be cut


THE IRISH economy needs to cut costs by a fifth in order to become competitive again, according to a leading trade group. In their "competitiveness indicators for 2010" report, the Food and Drink Industry in Ireland (FDII) said a 20pc improvement in cost competitiveness in the Irish economy was required as a priority if Ireland was to compete on the world stage. Despite improvements in the cost base here while the economy deflates and exchange rates are favourable, the FDII claimed the 20pc improvement was needed to ensure businesses here remained viable.

Irish Independent

Business Newsletter

Read the leading stories from the world of Business.

Also in Business