Round Up
Round Up: 20 new software jobs at BSB
European IT services provider and a publisher of financial software packages, BSB International is to recruit 20 new software developers at its new development centre in Dublin.
Round Up: 27 pharma jobs lost
Pharmaceutical firm Innothera is to close its production site in Kildare next month with the loss of 27 jobs. The firm has been in operation for the last 29 years in Celbridge and is understood to be transferring its production to France.
Round Up: Aer Lingus's T2 deal
Aer Lingus has agreed with the Dublin Airport Authority (DAA) to transfer its Dublin airport operation to Terminal Two (T2) with a view to the group commencing operations in the new terminal in November 2010.
Round Up: Consumer prices fall by 1.1%
Consumer prices fell by 1.1% in the year to May, according to the latest figures from the Central Statistics Office (CSO).
Round Up: Digital advertising trend
Online video and emerging markets will be the driving force behind digital advertising for the next five years according to a Microsoft executive. The rise of computer tablets and smartphones is creating opportunities for advertisers to follow their customers throughout the day.
Round Up: DSG reports 61% increase in full year profit
DSG International has reported a 61% increase in full year profits and says they are placed well for future growth. A gained market share in TVs and their World Cup "Cash for Goals" promotion has been credited for a 50% rise in sales.
Round Up: EC survey shows Irish households may not be able to pay bills
A European Commission survey shows that up to 29% of Irish households might not be able to pay ordinary bills or buy food and other important daily goods in the next 12 months.
Round Up: Eircom tests broadband
Eircom is to launch a new broadband trial that will radically improve the speeds available to customers on the internet. The fibre-to-the-home (FTTH) broadband trial will be rolled out to 10,000 homes and businesses in Sandyford, Dublin, and Wexford town, making speeds of up to 150Mbps possible.
Round Up: Engineering company announces €3.6m R&D investment
Donegal company E&I Engineering Ireland has announced a €3.6m R&D investment that will see the creation of 71 new skilled manufacturing roles at the company's headquarters in Burnfoot, Co Donegal over the next three years.
Round Up: HSBC 's top American executive quits
HSBC's top executive in North America Brendan McDonagh quit the bank as he did not believe he would become the bank's chief executive, reportedly.
Round Up: Johnson's Solicitors opens London offices
Dublin-based legal firm Johnson's Solicitors officially opened their new London offices in Whitehall on June 18th. The expansion by the firm, which also has a Belfast and Dublin base, is in response to the growing demand by clients with business interests across Britain and Ireland seeking representation in multiple jurisdictions by a single firm.
Round Up: Leahy announces resignation as CEO of Tesco
Terry Leahy has announced his resignation as CEO of Tesco and will retire in March 2011 following 14 years in the position. During this time, Tesco came to dominate home markets and expand abroad from the United States to China.
Round Up: Norkom revenues and profit up
Dublin based financial software group Norkom Group saw revenues rise 3% to €49.3m while profit before taxation rose to €7.45m this year compared to €4.9m in 2009.
Round Up: Retail sales drop by 6%
The volume of retail sales increased by 6% in April 2010 compared to April 2009 and there was a monthly increase of 1.8%, according to the latest figures from the Central Statistics Office (CSO).
Round Up: Ryanair announces new routes
Ryanair has announced it is to open five new routes from Bologna to Fez, Lanzarote, Marrakesh, Tenerife and Zaragoza from November this year.
Round Up: TVC gross returns up
Investment holding company, TVC Holdings saw gross returns on its portfolio rise by €30.4m in the year to the end of March 2010. This was driven by the increase in value of the company's quoted investments, Norkom and UTV. TVC achieved a profit before tax of €28.3m, compared to a loss of €66.2m in 2009.
Round Up: Zurich to create 120 new jobs
International insurance group Zurich is to create a further 120 new jobs in Ireland this year on top of the 120 it has created here since the end of 2008. This will bring the total number employed by the company in Ireland to 1,100.
