IDA Ireland firms created 7,131 jobs in 2014
IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment, has reported the creation of 15,012 new jobs by IDA client companies during 2014. When job losses were taken into account, the net increase in employment was 7,131, one of the highest net levels of job creation in a decade. Total employment at IDA client companies now stands at 174,488 people, the highest level in the history of IDA Ireland.
NAMA Issues End of Year Review for 2014
To date, NAMA has sold €18.7bn in loan and assets sales with €7.8bn sold last year alone, its end-of-year summary shows.
Christmas Wishes and Holiday Notice
Bannon will close Tuesday 23rd December 2014 and will reopen on Monday 5th January 2015
Best wishes for the festive season from all the staff at Bannon
Ireland’s Quarterly IIP and External Debt 2014
The Quarterly report released from the Central Statistics Office today show Ireland’s quarterly international investment position (IIP) an overall stocks of foreign financial assets of €3,374.7bn – an increase of €250bn on the end-June 2014 level, while the corresponding stocks of foreign financial liabilities increased by €248.5bn to €3,551.2bn over the quarter.
RBS acquires Project Aran for €1.38 billion
Royal Bank of Scotland Group, Ulster Bank’s parent company, has announced this morning that Cerberus has paid €1.38bn for the Project Aran, comprising of approximately 1,300 borrower groups, over 6,200 loans with around 5,400 properties, which had an unpaid loan balance of €5.6bn and gross liabilities of €6bn.
Docklands Strategic Development Zone (SDZ) for the City is launched
Dublin City Council will officially launch The North Lotts and Grand Canal Dock Planning Scheme on Wednesday 10th December at 11am at the Dublin Docklands Development Authority Offices at Custom House Quay, Dublin 1. The publication marks the beginning of a new process of implementation of the Docklands Strategic Development Zone (SDZ) Scheme for the City, and a new era of investment and development in the Docklands area.
