Construction BUSINESS

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Integer to add up to 200 jobs as it expands Galway operations

    Integer to add up to 200 jobs as it expands Galway operations

Company to invest an estimated $30m in new manufacturing facility Medical device outsource manufacturer Integer is to expand its Galway operations with the construction of a new manufacturing facility that could lead

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Cork Airport shuts for runway rebuild — with the promise that it will reopen on time

    Cork Airport shuts for runway rebuild — with the promise that it will reopen on time

The project will start on time, and will finish on time — that was the promise from Cork Airport bosses last night as it shut down for 10 weeks for

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Twenty-five new firms named among Ireland’s best managed

    Twenty-five new firms named among Ireland’s best managed

Twenty-five new companies have been named among Ireland’s best managed companies by Deloitte. There are now 139 companies recognised by Deloitte as Ireland’s best managed firms. This year’s awards, which

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Construction specialist ESS Modular creating 70 Manchester jobs welcomed by Leo Varadkar

    Construction specialist ESS Modular creating 70 Manchester jobs welcomed by Leo Varadkar

The creation of about 70 jobs in Manchester by a Republic of Ireland construction specialist has been welcomed by the country’s Tánaiste, Leo Varadkar. The news of the move by

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Irish economy growing at the fastest rate in EU

    Irish economy growing at the fastest rate in EU

Ireland’s economy is surging ahead of its 26 EU partners as more sectors reopen post-pandemic. The latest figures put the country on course to record double-digit growth in 2021 and

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Dublin third most expensive city in Europe for construction costs

    Dublin third most expensive city in Europe for construction costs

Survey blames materials price increases of up to 40% for rising cost of building in capital. Building in Dublin is more expensive than Paris as material and labour shortages have

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Grafton Group sees strong trading in first half as Covid restrictions ease

    Grafton Group sees strong trading in first half as Covid restrictions ease

Building materials group Grafton said group revenue rose by close to 50% in the first half of the year as it experienced strong than expected trading. In a trading update the group

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Construction fuels employment growth

    Construction fuels employment growth

Ibec has welcomed the strong jobs numbers recently published by the CSO. The numbers provide more evidence of broad positive momentum in the economy, despite Brexit uncertainty. Employment grew by

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Profits at John Paul Construction treble

John Paul Construction trebled profits to more than €6 million last year on the back of growth in Ireland and the UK, according to its latest accounts show. Accounts filed by

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New order growth accelerates in July

    New order growth accelerates in July

New order growth quickened in the Irish construction sector during July, helping to support a further sharp rise in activity and a stronger rate of job creation according to the

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Dublin outperforms in terms of hotel occupancy

    Dublin outperforms in terms of hotel occupancy

A new report released by JLL has found that Dublin as a New World City alongside cities such as Melbourne and Vancouver, has outperformed in recent years in terms of

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Dublin’s construction sector hits 16-year high

According to the latest Dublin Economic Monitor, the pace of growth in the construction sector in Dublin is at its strongest in 16 years. The capital’s private sector is showing

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Construction activity growth rises sharply

Activity in the construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index. The index

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Survey finds support for M20 between Limerick and Cork

    Survey finds support for M20 between Limerick and Cork

Businesses in the Munster region have given their overwhelming support to the proposed M20 motorway, with 98% stating it will enhance economic linkages between Cork and Limerick. Initial findings from

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Activity rises at fastest pace in five months

    Activity rises at fastest pace in five months

The Ulster Bank Construction PMI Report (RoI) has found that the rate of expansion remained strong in the Irish construction sector amid reports of improving client demand. New order growth

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Wolseley rebrands as Ferguson

    Wolseley rebrands as Ferguson

Wolseley, the world’s leading specialist distributor of plumbing and heating products, has announced revenue of €9.91 billion (£8.46 billion) for its H1 2017 period. The increase was up 24.5% on

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New homes construction reaches seven-year high

    New homes construction reaches seven-year high

Construction of new homes reached a seven-year high in January, as developers look to capitalise on Help to Buy by increasing their output. Latest figures from the Department of Housing

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Academy set up to address skills shortage in NI construction sector

    Academy set up to address skills shortage in NI construction sector

A new academy has been set up in Co Armagh to address major skills gaps in the construction sector. The National Construction Skills Academy (NCSA) in Portadown will provide tuition

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Profits rise at engineering firm Ward & Burke

    Profits rise at engineering firm Ward & Burke

Galway-based specialist engineering company Ward & Burke posted a pre-tax profit of €13.8 million last year, up 11%, thanks to business in Canada. Revenues at the firm rose 6% to

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Housing and commercial activity grow – PMI

    Housing and commercial activity grow – PMI

Activity in the construction sector rose sharply last month, according to the latest Purchasing Managers Index from Ulster Bank. Ulster Bank’s Construction PMI for February stood at 57.9, up from

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Construction and building output up 0.9% in fourth quarter of 2016

    Construction and building output up 0.9% in fourth quarter of 2016

New figures from the Central Statistics Office show that the volume of output in building and construction increased by 0.9% in the fourth quarter of 2016 when compared with the

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Grafton builds up 13% increase in revenues for 2016

    Grafton builds up 13% increase in revenues for 2016

Builders’ merchant and DIY group Grafton recently announced a 13% increase in revenue for 2016 to just over £2.5 billion – a new high for the company. The company said

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Coveney announces €32 Million for Repair and Leasing Scheme

    Coveney announces €32 Million for Repair and Leasing Scheme

The Minister for Housing, Planning, Community & Local Government Simon Coveney announced on Thursday that the pilot scheme that targets vacant properties and secures them for social housing, by financing

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Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

    Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in

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January Sees “Near-Record” Rise in Construction Employment

    January Sees “Near-Record” Rise in Construction Employment

Activity in the Irish construction sector rose sharply in January on the back of higher new orders, according to the

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Mortgages Valuing €1.81 Billion Drawn Down in Q4

    Mortgages Valuing €1.81 Billion Drawn Down in Q4

9,115 mortgages, valued at €1.81 billion were  drawn down in the fourth quarter of 2016, according to figures released by

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Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

    Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

The number of mortgages approved in the three months ending December 2016 rose by 30.7% year-on-year and fell  by 6.9% month-on-month, according

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New Home Searches Increase by 125% – Daft.ie

    New Home Searches Increase by 125% – Daft.ie

Searches for new homes increased by 125% on the back of the Help-to-Buy scheme launch, according to Irish property website Daft.ie.

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Construction Production up 0.4 Percent in the EU

    Construction Production up 0.4 Percent in the EU

Seasonally-adjusted production in the construction sector increased by 0.4% in both the euro area and the 28 EU member states

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Construction Activity Continues to Rise for 40th Month in a Row

    Construction Activity Continues to Rise for 40th Month in a Row

The Ulster bank Purchasing Managers’ Index (PMI) for December, released on Monday, showed that activity in the construction sector constinued

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Investment In Irish Commercial Property Reached €4.5 Billion In 2016

    Investment In Irish Commercial Property Reached €4.5 Billion In 2016

Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property

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House Price Inflation May Hit Double-Digit Levels in 2017

    House Price Inflation May Hit Double-Digit Levels in 2017

Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report

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Mortgage Approvals Rise by 30.8%

    Mortgage Approvals Rise by 30.8%

The number of mortgages approved rose by 30.8% year-on-year and  increased by 2.0% month-on-month, according to the latest figures from

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Construction Industry to Experience Most Positive Outlook in a Decade

    Construction Industry to Experience Most Positive Outlook in a Decade

The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the

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Planning Permissions Granted for Apartments Increase by 304.5%

    Planning Permissions Granted for Apartments Increase by 304.5%

The number of apartment dwelling units granted planning permission in the third quarter of 2016 rose to 1,452, up from

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House Price Inflation to Accelerate by Year-end – Davy Research

    House Price Inflation to Accelerate by Year-end – Davy Research

House price inflation is expected to accellerate by year-end, according to research published by Davy Research on Monday. The analysis

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Construction Industry Set to Grow by 9% Annually up to 2020

    Construction Industry Set to Grow by 9% Annually up to 2020

The Construction Industry Federation (CIF) launched a career website on Monday in the wake of a report that construction activity

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Ulster Bank Construction PMI Shows Sharp Rise in Employment

    Ulster Bank Construction PMI Shows Sharp Rise in Employment

Irish construction firms continued to record strong activity growth during November, supported by a further sharp increase in new orders,

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Dublin Ranked Fourth Most Attractive City for Property Investment

Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and

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Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

    Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according

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136 New Office Buildings to be Built in Dublin

    136 New Office Buildings to be Built in Dublin

136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the

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Daft.ie Rent Report Blames ‘Systemic Failure’ for Lack of Construction

    Daft.ie Rent Report Blames ‘Systemic Failure’ for Lack of Construction

The Daft.ie Rental Report for the third quarter of 2016, released on Tuesday, November 8, called the lack of residential

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Electroroute secures major partnership with Mitsubishi

    Electroroute secures major partnership with Mitsubishi

Irish energy and trading services firm Electroroute has agreed a deal that will see Mitsubishi Corporation take a 60% stake

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End of Q3 sees another monthly expansion in Irish construction

    End of Q3 sees another monthly expansion in Irish construction

The Ulster Bank Construction Purchasing Managers Index (PMI) rose to 58.7 last month, as Irish construction continues to expand. The

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Report shows Significant Growth wth Flynn Management & Contractors

Flynn Management & Contractors has reported a significant growth in 2015 and predicts a revenue of approximately €100m for 2016.

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CRH First-half Earnings Raise by 10%

CRH, a building materials group, has stated that its first-half earnings most likely rose by 10% ahead of its preceding guidance, an advancement examiners connect to powerful trading in its main market, the United States.

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Rebuilding Ireland: First-time Buyers Scheme

The Government’s Action Plan on Housing and Homelessness, ‘Rebuilding Ireland’ was launched today by Taoiseach Enda Kenny, Housing Minister Simon Coveney, Public Expenditure Minister Paschal Donohoe and Minister of State Damien English.

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Government’s Plan of €5.5bn Available for Social Housing

The Government has formally released its housing and homelessness project labeled ‘Rebuilding Ireland’.

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Grafton Group first-half revenue rises 13.3%

Grafton Group recorded a 13.3% rise in first half revenue and said despite the uncertainty created by U.K.’s decision to

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Construction sector grows in June

Confidence on the growth prospects for the Construction sector was close to a record high last month, according to the latest Ulster Bank Purchasing

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Development land sales up €200m in first six months

According to a new report by CBRE, sales of development land came to €489m in the first half, up from

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Residential property prices up 6.9%

In the year to May, residential property prices at a national level increased by 6.9%. This compares with an increase

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Rate of expansion in construction activity eases

Activity in the construction sector expanded again in March, according to the latest Ulster Bank Construction Purchasing Managers’ Index, as

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Oil prices ascend in Asia as output meeting approaches

With Brent climbing back above $40, the oil prices leaped in Asian trade today, as the market digested falling US

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Dublin Airport will get a new runway

The Dublin Airport Authority (DAA) is aim to build a new runway. It will be built 1.6 kilometres north of

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Commercial estates value over €735M sold so far in 2016

In the first three month of the year 2016 were sold a total of 55 commercial properties in Ireland, showed

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Under PRTB, housing association properties brought remit

The role of the Private Residential Tenancies Board (PRTB) is being expanded, it was advised today. Approved Housing Bodies will be

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Brittany Ferries advices 19% growth in early bookings

Brittany Ferries has today advised a 19% growth in the number of early bookings compared to the corresponding period last year. It

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PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

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