Ellie Donnelly

Independentie

Friday, 25 September 2020 | 6.7°C Dublin

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Opinion [2]
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Life [5]
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Entertainment [8]
Travel [9]

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Independentie

News [1]
Opinion [2]
Business [3]
Sport [4]
Life [5]
Style [7]
Entertainment [8]
Travel [9]

Menu Sections

Ellie Donnelly

Experience: Bob Casey was CEO of London Irish after his playing career

Ex rugby international Bob Casey is appointed Korn Ferry Ireland's MD

Korn Ferry, one of the world's largest headhunting firms, has appointed Bob Casey as the new managing director of its Irish operations.

Willie Walsh appointed deputy chairman of CarTrawler

Airline industry veteran Willie Walsh has been appointed deputy chairman of CarTrawler.

Airline: Enda Corneille says Emirates is not dependent on any one travel point. PHOTO: MICHAEL MAC SWEENEY/PROVISION

Emirates boss fears airlines will be casualties on the long road back to a pre-Covid normality

The airline industry won't rebound to any kind of normality until 2022 "at the earliest," according to Enda Corneille, Emirates country manager for Ireland.

Expectation: Origin Enterprises, under new CEO Sean Coyle, blames current woes on bad seasons on 2019 and 2020

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Origin struggles to wow stock market investors with its long-term growing plans

As new boss Sean Coyle gets used to the reins, Origin Enterprises faces the biggest challenge in its 13-year history as a standalone, stock market-listed, company.

Uniphar buys US healthcare communications firm for $27m

Stock market listed pharmacy supply group Uniphar has bought US-based healthcare communications company Diligent Health Solutions (DHS) for $27m (€23m).

Revenue decreased by 11.6pc to €1.6bn at agri-services firm Origin

Profit falls by almost 50pc at Origin Enterprises in ‘challenging’ year

Agri-services firm Origin Enterprises has seen its profit before tax fall 49.5pc to €39m in the 12 months to July 31.

James Hogan, Brian Kenneally and Lisa Walsh from Bundledocs
Picture Darragh Kane

Irish software company Bundledocs raises €600,000 in funding

Irish software company Bundledocs has raised €600,000 in funding from Enterprise Ireland and private investors.

Open Orphan subsidiary wins contract with ‘major’ European pharma company

A subsidiary of Open Orphan has secured a new contract with a “major” European pharmaceutical company.

'The Dublin-listed company is focused on the Tomsk Oblast region of the country, where it owns and operates 50pc of Licences 61 and 67.' Stock photo: Andrey Rudakov/Bloomberg

PetroNeft pushes on in Russian oil fields

Oil and gas explorer PetroNeft has agreed a deal with Alexandrovskoye Oil Refinery for up to $1m (€844,000) to finance infrastructure development on one of its licenses in Russia.

Energy: NES Group markets, sells and distributes propane and related products in the US. Photo: Daniel Acker/Bloomberg

DCC expands with US and Netherlands acquisitions

Sales, marketing and support group DCC has expanded its United States-based LPG business through the acquisition of the NES Group.

Prof. Luke O'Neill, Co-founder & Chief Scientific Officer & Dr Matt Cooper, Co-founder & Chief Executive Officer Inflazome

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Professors share €26m windfall as drugs firm they founded four years ago sold for €380m

Professors Luke O'Neill and Matt Cooper will share a windfall of up to €26m following the sale of the healthcare business they co-founded just four years ago.

A refinery operated by PetroNeft, in Nikolayevka, Russia. Photo: Andrey Rudakov/Bloomberg

Dublin-listed PetroNeft raises $1m to finance infrastructure development in Russia

Oil and gas explorer PetroNeft says it has agreed a deal with Alexandrovskoye Oil Refinery for up to $1m (€844,000) to finance infrastructure development on one of its licenses in Russia.

DCC expands in the US and Netherlands

DCC has expanded its United States-based LPG business through the acquisition of the NES Group.

Inflazome co-founders Luke O’Neill, left, and Matt Cooper

Dublin-headquartered Inflazome sold to Roche netting €380m for shareholders

THE Dublin-headquartered Inflazome has been bought by pharma group Roche, in a deal that will see shareholders receive €380m upfront.

Investment bill will 'boost big projects'

The Investment Limited Partnerships (Amendment) Bill 2020 will help enable funds operating in Ireland to put money into "big projects that require the capital to be invested at different stages", according to Pat Lardner, CEO of Irish Funds.

Lights off: The consumption of electricity in pubs and cafes has fallen dramatically. Photo: Arthur Carron

Energy use in the hospitality sector indicates industry is still struggling

Energy consumption in the hospitality sector is currently at just over half of its normal level.

Lockdown drop in demand sees ESB make €66m loss for first half

The ESB has reported a loss after tax of €66m for the first half of this year.

Resilient: Applegreen CEO Bob Etchingham says the group will not change strategic direction

Applegreen motorway trade took biggest hit in lockdown

Applegreen's 50pc stake in the Welcome Break UK motorway services chain suffered the biggest hit to revenue and earnings of any part of the business, CEO Bob Etchingham said yesterday.

Profit falls at ESB on the back of Covid related reduction in demand

ESB has reported a 15pc fall in profit for the first six months of this year due to the impact of Covid-19 restrictions, which saw demand for electricity fall.

Applegreen reports ‘strong’ recovery as earnings fall by over 50pc

Applegreen says it has experienced a “strong recovery” in sales volumes following initial government lockdowns in Ireland and the UK, as reported a fall in earnings of over 50pc for the first half of the year.

Down Under: Construction materials giant CRH is said to be looking at Australian firms

CRH reported to be eyeing up building on Australian business

Building materials group CRH is reportedly looking at a number of businesses in Australia.

Immac first entered the Irish nursing home sector with the acquisition of the Beechfield Care Group. Photo: Getty Images Stock

German healthcare investor buys two nursing homes in Ireland

Immac, a German healthcare investor, has bought two nursing homes in Ireland.

Keywords Studios reports ‘robust’ revenue growth as it continues spending spree

Dublin based Keywords Studios has reported “robust” revenue growth for the first have of this year as it announced another acquisition.

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Aryzta's incoming chair says its 'worst time to sell'

The potential sale of Aryzta to US hedge fund Elliott was thrown into doubt yesterday after chairman-elect Urs Jordi said it is "the worst time" to sell the business.

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Aryzta insiders got creamed in this boardroom bun fight

This was never going to be an ordinary extraordinary general meeting, but any suggestion voting might be close was swept away as support to unseat Aryzta's board room incumbents became a rout.

Aryzta CEO Kevin Toland. Photo: Steve Humphreys

Toland voted off Aryzta board, remains CEO

Kevin Toland has been voted off the board of Aryzta following the group’s extraordinary general meeting this morning.

Seamus Keating-headed First Derivatives has added to its board Photo: Jonathan Goldberg

First Derivatives adds former eBay executive to its board of directors

Technology firm First Derivatives has appointed Steve Fisher as a non-executive director.

Aryzta board member to resign after EGM, having ‘accepted the expected decision of shareholders’

Annette Flynn will resign from the board of Aryzta following the conclusion of today’s extraordinary general meeting.

Proxy battle: Andreas Schmid has withdrawn his candidacy to become Aryzta chairman

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Fight to control Aryzta goes to the wire as Schmid pulls out of race

Swiss-Irish food group Aryzta has been thrown into further chaos ahead of its extraordinary general meeting today after Andreas Schmid, the board's nominee for the role of chairman, withdrew his candidacy after proxy votes had been cast.

Kingspan in world's largest Green private placement

INSULATION giant Kingspan has agreed the largest corporate green private placement globally to date.

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