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million euros


Most school transport companies in the country cannot guarantee the provision of services until June, the Coach Tourism and Transport Council of Ireland has warned. A survey by the body showed that soaring fuel prices could now lead to a reduction in services. The survey offers insight into the crisis affecting the sector. It says …

Barclays’ Irish unit, which became the UK bank’s European hub after Brexit, was toppled as the Republic’s biggest bank last year as its balance sheet shrunk and lenders Retail Bank of Ireland and AIB saw their assets increase. . Barclays Bank Ireland’s latest annual report, released on Thursday, showed the company’s assets fell to 117 …

Shipping group Irish Continental’s losses narrowed in 2021 as pandemic restrictions eased and new freight routes were added, allowing it to restart paying dividends. revenue increased by €57.4 million last year, an increase of 20.7% over 2020 levels to €334.5. Earnings before interest, tax, depreciation and amortization (EBITDA), before non-trading items, increased by €10.2m (24.2pc) …

Regulated, instantaneous, with no limit on amount or maturity. These are three elements that, according to Charles Egly, co-founder and CEO of Younited Credit Group, differentiate his company’s solution from that of traditional credit companies or Buy Now, Pay Later (BNPL) players operating in the region. “It’s a credit [product] to buy electronics or other …

The property developer who is suing Davy and 16 of his former employees and senior executives has established a prima facie case of fraud, a High Court judge has heard. Important comments were made in a decision on a pre-trial application in the action brought by Belfast businessman Paddy Kearney and his company Kilmona Holdings …

SuperValu and Centra owner Musgrave, one of the country’s largest employers, met with the government to highlight concerns over labor shortages and its ability to recruit staff from outside the Economic Area European. The lobbying record shows the food retail, wholesale and distribution giant, which has more than 35,000 people working in the business and …

A “total change in attitude” is needed to ensure that the country’s countryside, coastal areas and mountains are accessible to all people without reluctance from landowners and farmers, the group Keep Ireland Open ( KIO). Legislation is urgently needed to “strengthen the common law right of ordinary citizens to walk around their countryside,” said Michael …

Soaring energy prices over the past year have prompted many EU governments, and now Britain, to step in with measures to ease the burden on households and businesses. The measures include subsidies for low-income families, tax cuts, windfall levies on power companies and the suspension of costly renewable energy support. AUSTRIA Austria says it will …

EU: The monetary policy meeting of the European Central Bank will take place in Frankfurt. The rising cost of living is expected to dominate the meeting, but most economists expect the bank to stick to its timetable of keeping interest rates unchanged while steadily reducing asset purchases in course this year. Consumer prices in the …

More than 3 billion euros in VAT receipts, reflecting the traditionally busy Christmas trading period, boosted state tax receipts in January and cleaned up public finances at the start of the year. The latest Treasury statements published by the Ministry of Finance show that the government collected 6.7 billion euros in taxes last month, up …

After one of the best years on record for real estate investment transactions, agents are adopting a positive outlook for 2022, with some believing it could approach the record high of € 5 billion in transactions seen in 2021. These factors will be the availability of properties for sale as well as keeping interest rates …

Sudanese Prime Minister Abdalla Hamdok announced on Sunday that he was resigning, six weeks after returning to his post under a deal with military coup plotters which he said could save a transition to democracy. Hamdok, who had not appointed a government as protests continued against the military takeover in October, said a roundtable was …

Ireland’s CameraMatics vehicle safety platform is set to become the country’s next unicorn. he London-listed company, with offices in Ireland, UK and US, has successfully raised an additional € 3.9 million from existing investors – Sure Valley Ventures, Puma Private Equity and Enterprise Ireland – after having more than doubled its valuation this year. The …

The government will step up efforts to bring carbon cultivation to Ireland, a key part of which is capturing greenhouse gases in soils. Carbon cultivation is the process of capturing and storing atmospheric carbon dioxide and storing it in soils, crop roots, wood and leaves to help reduce climate change. The role of the National …

The government is considering a reduction in student contributions as part of a new higher education funding program, the Irish time reported. The income thresholds for scholarships may also be lowered, allowing more students to benefit from financial aid. According to Irish time, the proposals are part of a set of policies to be published …

Gardaí has ​​stepped up its crackdown on drug gangs, including the Kinahan cartel, by stepping up intelligence sharing with police in South America. The Cabinet this week approved a request from the Commissioner of the Guard to initiate an official exchange of information with the Colombian National Police. The South American country remains the world’s …

Electricity and heating expenses for a key ministry increased by just under € 500,000 in 2020, despite the majority of civil servants working from home during the pandemic. The Ministry of Social Protection, the body responsible for key social assistance in the event of an unemployment pandemic, spent € 4m on utility costs for its …

Dermot Desmond received a windfall of 27.5 million euros last year from Intuition Publishing, his Dublin-based e-learning company. This brings the amount of cash he has received from the company in the form of dividends and loans to around € 42.5 million over the past two years. Accounts recently filed for Intuition, which sells online …

Again, there has been no winner for the € 19million Loto jackpot tonight – the prize has now been carried over 47 times since June 6. The publicity storm around the National Lottery began on Friday, when Fine Gael TD called for a “full investigation” into why there has not been a Lotto jackpot winner …

Seán FitzPatrick, the former chairman of Anglo Irish Bank, has passed away. The 73-year-old was rushed to hospital late last week after suddenly falling ill at home. He lost his battle for life on Monday. A family spokesperson told Independent.ie the cause of death was cardiac arrest. Mr. FitzPatrick is survived by his wife Triona …

A shareholder in Paddy Cosgrave’s Web Summit will claim in a case against him that the entrepreneur hired journalists and lawyers as employees of the tech events company to work on the political activism that has harmed the business. David Kelly will also argue in a lawsuit in the High Court, in which he claims …

Jonathan Hill, CFO of Flutter Entertainment, owner of Paddy Power, said the group remained committed to its Irish retail network despite low footfall, with Ireland lagging behind other countries in easing restrictions in the event of a pandemic. Releasing third quarter results yesterday, Flutter Entertainment said its Irish retail network revenues were 27% lower year-on-year …

The entire collection of a magnificent country mansion is up for grabs in a two-day auction. The 19th century Barrettstown House in Newbridge, Co Kildare was put on the market during the summer for 3 million euros. Now nearly 900 items from the nine-bedroom house on 25 acres of land are due for sale Tuesday …

A “disappointing” allocation of 180 million euros to the LEADER program for the period 2023-2027 has been described as “a blow to rural communities”. The Irish Local Development Network (ILDN) representing the 35 LEADER suppliers in the country expressed its “deep disappointment” with the allocation of LEADER 2023-2027 announced today (Wednesday 20 October) as part …

Ireland offers new financial aid to airports | Aviation Week Network https://aviationweek.com/themes/custom/particle/dist/app-drupal/assets/awn-logo.svg Skip to main content Credit: Dublin Airport The Irish government plans to provide the country’s aviation sector with a boost of 126 million euros ($ 146 million) to help restore air services in the post-pandemic period and improve facilities at airports regional. Funding …

Currently strapped for capital, Leinster Rugby and the RDS are in talks with the government to begin development of their RDS pitches in Ballsbridge, Dublin. However, an adequate financial envelope to cover the full cost of € 50 million for the large-scale sports infrastructure fund has not yet been put in place. The project has …

An Eastern European criminal gang that operated a drug smuggling ring across Leinster was the target of a joint Garda and customs operation that led to the seizure of cannabis worth 1.18 million euros. Two male suspects between the ages of 20 and 40 are currently being held at Kilkenny Garda station where they are …

Mental health must become the ‘national priority’ as Ireland moves into the next phase of the pandemic, according to a coalition of more than 50 community and voluntary sector leaders. In a letter to Taoiseach Micheál Martin on Monday, published by Mental Health Reform, industry leaders urge the government to invest an additional € 85 …

The coming week could be huge for businesses in Ireland, especially large national and multinational companies. This is because negotiations around a new global corporate tax framework may be on the verge of a crescendo. Depending on how things play out over the next few days, the result could be a drastic shift in Ireland’s …

Fintech akt.io opens initial coin offering in Ireland, offering 12.5% ​​bonus and exclusive in-app membership benefits for first-time investors IRELAND, October 1, 2021 /EINPresswire.com/ – Following a private fundraising campaign this summer, fintech akt.io opens its initial coin offering in Ireland, offering a 12.5% ​​bonus and exclusive benefits from subscription to the application for first-time …

Pharmaceutical company Perrigo has agreed to a settlement of nearly 300 million euros with the tax authorities over a tax bill according to the Irish authorities. The € 297 million settlement is one of the largest on record here, but is only a fraction of the € 1.64 billion tax assessment the Revenue Commissioners received …

Insurers operating in the Irish market have to date paid € 130 million in claims for business interruption resulting from the Covid-19 crisis, fueled by a historic court ruling and pressure from the Central Bank, depending on the regulator. The Central Bank wrote to a number of insurers in February urging them to pay valid …

Tenants in an upscale rental construction complex in Dublin rely on slurry tankers to dispose of their wastewater after houses are built without a sewer connection. Wastewater from the toilets and sinks of the 106 houses is channeled to an on-site holding tank. A tractor and a slurry tank come several times a week to …

The owner of Paddy Irish Whiskey Sazerac, one of the largest producers of distilled spirits in North America, is reportedly looking to develop a new home for the spirits. It is understood that Sazerac, which owns over 450 brands worldwide, including Southern Comfort Spiced Whiskey, Fireball Whiskey and Buffalo Trace Bourbon, has approached distilleries in …

Franco-Irish solar energy company Amarenco, whose executive chairman is former Bord Gáis boss John Mullins, is buying two solar parks in France for an enterprise value of 31 million euros. marenco acquires the assets of the French renewable energy company Neoen. The solar farms are located in the south of France, in Grabels and in …

Sinn Féin was the political party that received the most money from public funds last year. t received a total of 3.45 million euros from the state last year, while Fianna Fáil received 3.4 million euros and Fine Gael received 2.97 million euros. However, out of the three largest political parties, Sinn Féin spent by …

Corre Energy has raised 12 million euros during its initial public offering on Euronext Dublin. The market value of the company will be € 62 million following its admission to the stock market here, according to a press release from the group. Corre Energy is headquartered in the Netherlands and is headed by Irishman Keith …

Suddenly, inflation – and especially the rise in the cost of energy – has exploded on the political agenda, and will play an important role in the government’s budgetary considerations. TD says the cost of living has been a smoldering public issue for some time. But as energy prices have skyrocketed in recent months, that …

As lotto fever continues to plague the country, Wednesday’s jackpot is heading to € 17 million, the second-highest total since the game began in 1988. Any winner could become the second biggest Irish jackpot winner in gaming history and become the country’s newest multimillionaire. This year has already seen five Lotto jackpot wins, with players …

America’s Cup: Irish officials advise government to withdraw from Cup bid by Richard Gladwell / Sail-World.com Sep 15 8:02 AM PDT September 16, 2021 Beaufort Cup Fastnet Race lead boats for military and rescue crews on Volvo Cork Week Day 1 © David Branigan / Oceansport Tanaiste Eamon Gilmore and Minister Simon Coveney with the …

The Spaniard Surprise speeds up the tempo of the tender for the AC37 site just days before the big decision by Richard Gladwell / Sail-World NZ Sep 10 17:34 PDT September 11, 2021 Valence the exit channel of the Darcena in Valence – Spectators of the semi-finals of the Louis Vuitton Cup at Port America’s …

Antony Blinken, US Secretary of State, said the international community was “concerned” by the Taliban’s new interim government and called on it to prove its commitment by allowing foreign nationals and vulnerable Afghans to leave the country. In a joint press conference with Heiko Maas, German Foreign Minister, at the US military base in Ramstein …

The general manager of Leopardstown racecourse is hopeful that up to 5,000 people could be allowed to attend Irish Champions Weekend, although he admits a crowd of 1,000 is more likely. Ahead of next month’s Champions Weekend and the Listowel Festival, Irish races await the next government announcements on measures to deal with rising rates …

A do-it-yourself will drafting service was started by personal finance commentator John Lowe. rearch shows that less than a third of adults have a will in place. Mr Lowe, of MoneyDoctors.ie, says there’s a reluctance to complete what he says is a really important function, especially if you have family. He said writing a will …

Eamon Waters was chosen by the Irish Times Business Person of the Month for June, an award presented in association with Bank of Ireland. This follows the sale of Beauparc Utilities, the state’s largest waste company, to Australian financial services giant Macquarie. The amount of the transaction was not disclosed, but it was believed to …

Photographed during Development Capital’s announcement Fund II€ 12 million investment in Spotlight Oral Care (LR): Dr. Barry Buckley (COO, Spotlight Oral Care), Dr. Lisa Creaven (CMO, Spotlight Oral Care), Dr. Vanessa Creaven (CEO, Spotlight Oral Care) , Anthony O’Driscoll (Director of Investments, Development Capital) and Andrew Bourg (Partner, Development Capital) Development Capital invests 12 million …

The people of Abbeyleix, Co Laois, prepare to welcome a new neighbor to the heritage town, as young Irish billionaire John Collison recently purchased the prestigious Abbeyleix House and the surrounding 1,120-acre estate. r Collison co-founded the online payments platform Stripe with his brother Patrick in 2009, and by 2021, its market value was close …

Carbon emissions from the Irish electricity sector could drop from almost 10 million tonnes per year to less than 2 million tonnes of CO2 equivalent by 2030 and lead to a price reduction of € 180 million for consumers, according to a report by energy specialists Baringa. Their analysis released Wednesday also presents a longer-term …

GARDAÍ DISCOVERED international organized crime gangs using Ireland as a base for multi-million dollar frauds. From Kerry to Korea, from Midleton to Moscow, crooks have settled here in a criminal network that spans the four corners of the world. Detective Chief Superintendent Pat Lordan and Detective Superintendent Michael Cryan of the Garda National Economic Crime …

Warren Buffett’s Berkshire Hathaway invested an additional 40 million euros in his Dublin-based European insurance company in February to boost its capital levels, according to the accounts just filed. The financing was provided by new shares and increased its share capital to 176 million euros. The accounts also note that the Nebraska-based parent company invested …

It will cost the state a minimum of 50 million euros to forcibly acquire the land at St Vincent’s Hospital for the new national maternity hospital, the Irish Independent has learned. this would push the final expected bill for the high-tech building to at least 850 million euros and probably much closer to the 1 …

Micheál Martin was told that the issue of land ownership of the National Maternity Hospital is a “defining moment” for its leaders and for the country. Ds told the Taoiseach that he must be prepared to issue a Campus-wide Mandatory Purchase Order (CPO) at the St Vincent Hospital site in Dublin, where the new NMH …

A flotilla of fishing boats traveled to Dublin Port to organize a rally and show how lower quotas in Irish waters are affecting their livelihoods and Ireland’s coastal communities. More than 50 trawlers and smaller boats reached the harbor around 3.30am and sailed up the river across the East Link Bridge where they then lined …

More than 15 months of Covid-19 losses and wiped out profits have cost Aer Lingus around € 1 billion, its chief executive Lynne Embleton estimated on Tuesday. Speaking to the Oireachtas Transport and Communications Committee, Ms Embleton pointed out that Aer Lingus continued to lose € 1 million a day to government travel restrictions in …