Press Up went into Covid in less than robust shape, "reliant on creditors' support and payment breaks".
Construction is a volatile industry, so contractors generally do all they can to minimise risk to shareholders. Roadbridge is an exception.
Nuritas last week unwrapped a major $45 million funding round backed by big-name international investors. However, it has now emerged that Enterprise Ireland and three members of U2 backed the round, receiving a discounted deal for their share purchases.
Advertising legend Martin Sorrell believes we are living in a false economy and that the “rubber will hit the road” in 2023. He also talks about the future of advertising, the rise of the international office hub, and why Facebook’s metaverse is a major opportunity.
Cork-based property investor Henry Gwyn-Jones claims he was defrauded out of €26 million in a Bulgarian shopping centre deal that went south. An international arbitration settlement may help him recoup his losses. But a new Court of Appeal ruling won't help his cause.
Private equity firms are swarming all over the country, looking for deals. They're changing how business is done. What will the rise of private equity mean for Irish workers, employers, and consumers?
In a special podcast following COP26 and the publication of Ireland’s Climate Action Plan, four of The Currency’s writers focused on climate change discuss the vast distance left to cover between official discourse and reality – and its implications for the role of the state.
Glenveagh is backing out of its ambitious PRS projects and selling down sites. The question is, why is it handing cash back to shareholders rather than reinvesting in home building?
The Pettitt family controls six supermarkets, six hotels and a scattering of other business interests. Diversification left them well placed when Covid-19 arrived. But they still managed to find significant cost savings during the pandemic.
In an in-depth analysis of Ireland’s rental market, Ronan Lyons charts how many properties must be built to curb spiralling rents. Demographic data also reveals what type of properties must be built, and where they should be be located.
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