Shaw Academy survived a brush with insolvency exactly one year ago. Since then, it has raised €7m, amassed a stellar board, and, with people confined to their homes as a result of Covid-19, it is reporting significant growth internationally.
He's offering 49 per cent of his crown jewel telecoms business in exchange for a debt write-down, and his radio group has just implemented pay cuts. In this two part series, we assess the financial performance of the various divisions of Denis O’Brien’s portfolio. Today, we focus on the tycoon’s telecoms, media and utilities businesses.
Maurice Mathews, a Ballymun based vegetable and fruit wholesaler, is feeling the strain the coronavirus crisis is putting on Ireland's food industry. But he has working on innovative ways to continue to keep his business going and his staff in a job.
In 2002, Cavan homebuilder Matthew Farrell agreed to buy an 11-acre site from developer Tom McFeely. The legal fallout continues to this day.
One month ago, directors of the historic student travel agency met to sign off on a promising set of accounts. Last week, they agreed to wind up the company. The downfall reveals the devastation being caused by Covid-19 in the travel sector.
As the country battles to manage its Covid-19 crisis, the HSE has turned to a Tramore technology business called NearForm to create a life-saving mobile phone tracking and tracing app for Covid-19.
Dublin-based Stobart Air is working with its advisers to try and cut a deal with its unwieldy shareholder roster and lenders. CityJet, meanwhile, is in heightened talks with creditors.
Self Help Africa has secured a new multi-million EU contract to inject capital into private enterprises in the Zambian food value chain. Although most African agribusiness remains far from bankable, the organisation sees its role as “priming the pump”.
As insurers battle with industry over business interruption cover, the state has been left to effectively subsidise both through emergency wage cover. However, concerns are growing about the capacity of some insurers to weather this crisis.
Having grounded most of its fleet, the Irish airline has hired Deloitte to prepare detailed report on its cash flows and financial situation.
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