Business World

Tuesday 16 January 2018

Energy firm deal creates 35 jobs

IRISH-based energy services company Crowley Carbon has agreed a deal with a Middle East company resulting in 35 new jobs.

The three-year agreement between Crowley Carbon and Emrill will see the Wicklow-based company deploy its smart building technology to some of the tallest residential and commercial towers in the world from its Carbon Control Centre in Powerscourt, in Enniskerry, Co Wicklow, where the jobs will be based.

Central Bank fines Dolmen €20,000

THE Central Bank has fined Dolmen Stockbrokers for failing to report a suspicious transaction.

The regulator hit Dolmen with a €20,000 penalty for not informing the bank of a transaction that had been deemed suspicious by the regulator.

New director at Paddy Power

PADDY Power has appointed Ulric Jerome as a non-executive director of the company. He's also been appointed to the group's audit committee.

Mr Jerome is a founding partner of European electrical retailer Pixmania, which is now almost wholly owned by UK-based Dixons.

McKillen lodges funds in rights row

BUSINESSMAN Paddy McKillen is to take part in a rights issue in the company which owns three high-profile hotels that have been the subject of a bitter ownership battle.

In a statement released last night, the Belfast-born developer said he had lodged funds to participate in the Coroin rights issue. Earlier this year, Mr McKillen lost a High Court battle with the billionaire Barclay brothers surrounding the ownership of Claridges, The Connaught and The Berkeley.

Danish firm buys ICG container unit

FERRY group Irish Continental has completed the sale of its container shipping unit, Feederlink. It's been bought by Danish firm Unifeeder for up to €29m.

Greencore chief's £1.4m pay pack

GREENCORE chief executive Patrick Coveney took home £1.46m (€1.8m) last year, an increase of £140,000 year-on-year, according to the sandwich company's annual report.

Mr Coveney earned a basic salary of £618,000, plus a performance bonus of £569,000. He also received pension contributions of £231,000 and other benefits of £42,000.

Irish Independent

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