Industry & Business

Haulage

Direct Flights Between Cork and North America Announced

    Direct Flights Between Cork and North America Announced

Cork Chamber welcomed the Norwegian Air’s Thursday announcement that it will offer direct flights between Cork Airport and Providence in Rhode Island, less than an hour’s drive from Boston, Massachusetts. New North American routes were also announced from Dublin, Belfast and Shannon airports.
“The opening of new flights between Cork and Boston, to be followed later by New […]

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Record Level of Exports in 2016

    Record Level of Exports in 2016

Exports totalled more than €116 billion in 2016, the highest annual total on record, according to preliminary figures released by the Central Statistics Office on Wednesday. This is an increase of €4.5 billion (4%) over 2015. Imports in 2016 decreased by €507 million (1%) to €69.60 billion compared with 2015 while the preliminary trade surplus for […]

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Modula Storage Systems

    Modula Storage Systems

Modula manufactures automated storage and retrieval systems featuring one of the most advanced vertical lift modules in the world.
Modula’s automated storage and retrieval solutions are designed to optimise space and improve your picking and storage operations. Modula’s products help your company to recover up to 90% of valuable floor space while improving picking accuracy, increasing […]

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Number of Fatal Workplace Accidents Drops by More Than 20%

    Number of Fatal Workplace Accidents Drops by More Than 20%

There were 44 people killed in workplaces in 2016, representing a 21% reduction of the 56 reported in 2015, according to figures released by the Health and Safety Authority on Thursday.
Construction fatalities were down to nine in 2016, from 11 in 2015. The number of deaths on farms remained high, with 21 reported in 2016, […]

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Ryanair Records 20% Traffic Growth in December

    Ryanair Records 20% Traffic Growth in December

December Ryanair traffic grew to 9 million in December,  a 20 percent increase on the same time period the previous year, according to figures released on Wednesday. Load factor also increased to 94%, according to the same report, up from 91% in December 2015. Rolling annual  traffic to December rose to 117 million customers, an […]

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€2.77 Million Allocated in Grants for Regional Airports

    €2.77 Million Allocated in Grants for Regional Airports

Minister for Transport, Tourism and Sport, Shane Ross announced on Friday that €2.77 million would be allocated in funding support for the four regional airports in Donegal, Ireland West Airport Knock, Kerry and Waterford, which alone will receive over one million euro in funding.
Minister Ross said: “These grant allocations are being made under the Regional […]

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ECJ Finds Ryanair, Aer Lingus Received State Aid

    ECJ Finds Ryanair, Aer Lingus Received State Aid

The European Court of Justice (ECJ) decided on Wednesday to reject an appeal on behalf of Aer Lingus, Ryanair, and the Irish State. The ECJ found that the airlines received state aid in the form of reduced air travel tax, and ordered that the amount of aid received must be paid back to the state, […]

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Quotas Worth €280m Secured for Irish Fishing Industry in 2017

    Quotas Worth €280m Secured for Irish Fishing Industry in 2017

233,500 tonnes of quotas worth €280 million were secured for Irish fishermen for 2017, following negotiations at the annual Fisheries Council in Brussels on Wednesday morning, according to Minister for Agriculture, Food and the Marine, Michael Creed. This represents an increase of 17,390 tonnes over 2016.
“I am satisfied that I have managed to turn an […]

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UDG Healthcare Announces 8% Increase in Operating Profit

    UDG Healthcare Announces 8% Increase in Operating Profit

Dublin-based Healthcare services provider UDG released preliminary results of their financial year on Thursday, November 24, which showed an 8% increase in operating profit for continuing operations over 2015. The results for the year ending on September 30 show increases in revenue, operating profit, profit before tax, earnings before interest, taxes, depreciation and amortization (EBITDA) […]

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Irish Business Sectors Consider how Brexit will Affect Trade

The business sector in Ireland is preparing for the blows that the economy will face after hearing the results of the Brexit vote.

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