Northern Ireland
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Kvaerner issues more writs in alleged espionage case
Kvaerner, the Norwegian engineering group, which owns Trafalgar House, yesterday stepped up its campaign against VAI, which it has accused of industrial espionage at Kvaerner UK subsidiary Davy International, the…
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Mountview profits down
Mountview Estates turned in full-year pre-tax profits down from £9.32m to £7.89 on turnover up from £17.2m to £18.1m. The Daily Telegraph 19/6/96 page 33.
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Profits drop at Banner Homes
Pre-tax profits at Banner Homes fell 41% to £751,000 last year despite a 68% rise in sales by the housebuilder. The number of houses sold rose from 145 to 179.
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Cowie Group to buy British Bus as FirstBus lines up second rail deal
Cowie Group, the country’s sixth biggest bus operator, announced a £282m agreed takeover of British Bus, the third largest, yesterday. The deal creates an elite of three bus companies –…
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GrandMet sublets Bracknell offices
Grand Metropolitan has sublet the 1,064sq m (11,450sq ft) Regency House, Market Street, Bracknell in Berkshire, to First Softwear UK, a management buyout of Oracle’s local government business.
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Celtic economies go hi-tech
The Celts, particularly those in South Wales and Ireland, are basking in a new economic dawn thanks to an influx of hi-tech companies to those areas.
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Ulster tops inward investment league
Northern Ireland is one of the most competitive locations for inward investment in Britain, according to a survey of foreign companies by chartered accountants Coopers & Lybrand.
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Belfast City airport gets £7m investment
Short Brothers has removed the “for sale” sign from Belfast City airport. The aircraft maker is to invest £7m in the upgrade of the airport’s facilities.
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End of ceasefire fails to stunt Ulster growth
Northern Ireland continues to emerge as the UK’s fastest growing economic region despite the collapse of the IRA ceasefire. Three high-tech companies have announced £80m worth of investment in the…
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Record profits at Henry Boot
Profits rose at Henry Boot & Sons, the construction company, to a record £8.69m last year, up 6.5%. The Times 19/04/96 page 26.
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Seagate to expand Ulster plant
US computer company Seagate Technology yesterday announced a £50m expansion of its Londonderry plant in Ulster, creating 300 new jobs. The factory makes heads for videos and compact disc players.
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Aquis Estates sells investment in Lisburn, Northern Ireland
Aquis Estates has sold its 162 sq m (1,752 sq ft) prime retail development at 83 Bow Street, Lisburn to a private investor for £400,000 at an initial yield of…