News Archives - Luke O'Malley & Co

ESB and Bord na Móna in €500m solar venture to power 150,000 homes

Bord na Mona and the ESB are joining forces to develop four huge solar farms that are likely to cost in the region of €500m and generate sufficient electricity to power 150,000 homes. Read more

Impaired loans at State-owned AIB down 70pc from peak

The quantity of impaired loans at State-owned AIB is down 70pc from the peak levels seen in 2013, according to a first quarter trading update issued by the bank. Read more

Dan O’Brien: How Ireland’s economy has dodged two potential bullets – for now

One-in-four people employed in the private sector in this State works for a foreign company that sells stuff to foreigners. The taxes those workers and companies pay fund a great deal of the public sector and the cost of providing public services. Read more

Embarrassment for AIB as bank fined €2.3m for breach of money laundering rules

State-owned AIB has been hit with a massive Central Bank fine for failing to check if it was being used for money laundering and tax evasion. Read more

Irish firms are finally facing up to Brexit – EI chief Sinnamon

Exporting companies are waking up to the fact that Brexit is now a reality and that they need to put in place a strategy to mitigate the fallout, the head of Enterprise Ireland (EI) has told the Irish Independent. Read more

Scheme to encourage more IPOs is launched

The Irish Stock Exchange (ISE) has launched its ‘IPOready’ programme for 2017, which is geared towards helping Irish companies prepare for stock market flotations over the next five years. Read more

SME office culture top with workers

Almost 70pc of Irish workers would like to work in a small to medium-size enterprise (SME) or a startup, research has found – with respondents believing that startups and SMEs offer the best office culture. Read more

Long term renters urged to look at protection similar to mortgage holders

Long-term renters should look at ways in which they can financially protect themselves, similar to mortgage holders, a leading insurance company has said. Read more

Ardagh Group disagrees with US jury verdict in patent infringement case

Ardagh Group S.A. has noted the US jury verdict received on April 21, 2017 in connection with one of two asserted patents alleged by Green Mountain LLC to have been infringed by Ardagh’s US glass business (formerly called Verallia North America ‘VNA’). Read more

Irish medtech firm in US partnership

Irish med tech firm Diaceutics has announced a five-year multi-million euro partnership with US-based BioReference Laboratories. Read more