Published on 26 August, 2007. By John Reynolds Diarmuid Hegarty used to lecture in accountancy and economics at UCD. Now he owns and runs Dublin’s Griffith College. Turnover last year was €22m plus about €3m from its 700-room student accommodation. Sitting on seven acres on the South Circular Road, the … Continue reading
Monthly Archives: August 2007
Ireland will top debt league
Published on 26 August, 2007. By John Reynolds Ireland will secure its place at the top of Europe’s personal debt league next year on the 51st anniversary of the founding of the European Union. Using the Central Bank’s latest figures, it is estimated that the value of our personal debt will … Continue reading
Naughton backs Airtricity
Published on Sunday 19 August, 2007. By John Reynolds BILLIONAIRE Dr Martin Naughton, founder of Glen Dimplex has emerged as a backer of global wind energy giant, Airtricity. Speaking to the Sunday Independent recently, the owner of the €2bn Dundalk-based heater manufacturer revealed he had a stake in the €1.25bn … Continue reading
Shannon: Win, win, win for Michael O’Leary
No wonder Michael O’Leary was skipping along with a big grin on his face when he held a press conference at Shannon airport earlier this week. For the Ryanair chief executive, the Shannon-Aer Lingus debacle presents a win, win, win situation. Here’s why: It’s highly unlikely, but let’s suppose there was a … Continue reading
Shannon Sellout?
With Aer Lingus pilots threatening to strike next week, I have a feeling that there is something that the public and the people of Shannon and the mid-west aren’t being told over the Aer Lingus Shannon-Heathrow debacle. I suspect there’s been some murky deal here, where the government have agreed … Continue reading
Treasury is holding all the keys
Published on 12 August, 2007. By John Reynolds Appropriately enough, Richard Barrett, the joint founder of property development giant Treasury Holdings, has got the builders in. We chat in a boardroom in the company’s opulent offices in Ballsbridge, the heart of upmarket Dublin 4. “We believe in leaving a place … Continue reading
The teacher who has turned into a high flyer
By JOHN REYNOLDS Sunday August 05 2007 It’s not often that my notes are made even more illegible by occasional turbulence during an interview, but there’s a first time for everything. Owner of Aer Arann Padraig O Ceidigh is a former teacher, and if he’s dismayed at my handwriting, then … Continue reading
Treasury may build €1bn ‘green city’ in Bogota
By JOHN REYNOLDS Sunday August 05 2007 THE vast property empire of Ireland’s largest developer, Treasury Holdings, owned by Richard Barrett and Johnny Ronan, could soon include South America, following an approach by city planners in Bogota to build a €1bn green city there. Drug cartels and crime are now … Continue reading