Financial

Financial

NFT Distribution sold to private equity investor for £60 million

It has been announced that NFT Distribution Operations has been sold to the private equity investor EmergeVest at a cost of £60 million. The distribution company operates largely in the…

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Financial

Stobart group sells 51% stake in trucks division

It has emerged that the Stobart Group has recently successfully completed the sale of a 51% stake in the company to the Isle of Man investment manager DBay Advisors. The…

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Financial

Volkswagen Commercials see positive start to New Year

Volkswagen Commercial Vehicles has announced a strong start to the year by announcing a strong growth in deliveries in its core European markets. In the whole of Europe, the brand…

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Financial

Elivar recieves €700,000 worth of financial investment

The sports nutrition company Elivar has managed to generate €700,000 from a number of investors including Enterprise Ireland and the HBAN Food Syndicate among others.  The company specialises in developing…

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Financial

Report suggests Ireland is third most expensive country in Euro zone

A recent report that was released by Forfás has shown that Ireland ranks as the third most expensive country in the Euro zone for goods and services. The report was…

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Financial

Mazda and Mitsubishi report record profits

Reports are suggesting that Mazda and Mitsubishi are expected to recoup record profits and that both car manufacturers are predicting that there will be a slowdown of production and sales…

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Financial

Aercap set to become world leader in aircraft industry leasing

Aercap looks set to become a world leader in the aircraft industry as a result of their recent takeover of a rival company that was owned by the US insurance…

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Financial

Saab pips Boeing to lucrative Brazilian defence forces contract

Saab have fended off  stiff competition from Boeing in order to supply 36 new fighter jets to the Brazilian air force. The deal is reported to be worth around €5…

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Financial

Truck sales rose 123% in November of this year

The Society of the Irish Motor Industry has released new figures indicating that the commercial vehicle market is up when compared to figures from this time last year. Vans sales…

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Financial

Alitalia airlines facing closure

The Italian airline Alitalia has confirmed that it has yet to raise the €300 million that it has required which has now heaped on more pressure on the struggling airline…

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Financial

European Investment Bank to fund half of new Luas line project

The Minister for Transport Leo Varadkar has announced that the European Investment Bank has agreed a deal in principle to provide the funds required for the new Luas cross-city link…

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Financial

Moller-Maersk positive about global container market

The Danish shipping and oil group Moller-Maersk has released financial figures showing that the company experienced a strong third quarter finalncially which could potentially see an upturrn in the container…

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Financial

Alstom announces plan to sell €2 billion in assets by the end of next year

The French power and transport engineering company Alstom has recently announced that the company intends to sell up to a staggering €2 billion worth of its assets before the end…

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Financial

BMW see profits fall in “challenging” European market

BMW has announced that it has experienced a drop in the company’s third-quarter profit projections that are larger than they had anticipated. The world’s largest luxury car manufacturer has also…

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