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Weekly Round Up, 31 May, 2016

Published on May 31 2016 9:16 AM

Weekly Round Up, 31 May, 2016

Forecourt retailer Applegreen has revealed plans to bring executive lounges to its petrol stations in the Republic of Ireland, reports the Sunday Independent.  The free-to-use lounges have already been debuted in Northern Ireland, and feature desk spaces, wifi and recharge facilities, designed to appeal to business travellers.

Ireland has recorded the biggest jump in milk production of any EU state since the lifting of quotas last year, reports IrishTimes.com. According to figures from the Central Statistics Office, milk output here grew by 18.5% to 6.5 billion litres across the 12 months since 2015.

Carlow-based Codd Mushrooms has agreed to acquire British firm, J Rothwell & Son, in a deal that could see it more than double its revenues in four years. According to IrishTimes.com, the agreement will involve the current owner of J Rothwell & Son remaining with the company, and co-investing in a new £6 million plant.

Norwegian co-op TINE is set to start planning for the construction of a new Jarlsberg cheese production facility in Ireland, according to Agriland.ie.  TINE will be teaming up with Dairygold on the project, which will operate alongside Dairygold’s existing Speciality Cheese facility in Mogeely, Co Cork.

Online retailer Amazon has announced plans to hire an additional 500 people at its Dublin base over the next two years. TheJournal.ie reports that the positions will be across a number of facilities with the company, with Amazon looking for data centre technicians, software engineers and customer support staff.

A report by the Irish Exporters' Association has revealed that 44% of Irish exporters have difficultly in finding suitably qualified workers. It also found that growing business costs are also a concern for the industry, alongside exchange rates, labour, regulatory burden costs and legal costs.

The High Court has confirmed the appointment of an examiner to Debenhams Retail (Ireland) Ltd., according to TheJournal.ie. Kieran Wallace of KPMG was now has 100 days to make arrangements with the departments store’s creditors, which, if approved by the High Court, would allow the business to trade as a going concern.

Artisan cheese maker Christo Swanepoel has won Best Overall Food Product at the recent at key agri-food event, the Balmoral Show. Swanepoel runs the City Cheese Company in Millisle, Co. Down, and won the award for his Young Culmore, a semi-hard organic cheese made from raw milk sourced from a local organic farm.

The Government is expected to cut the rate of Capital Gains Tax (CGT) for new start-ups to 10% from next year, bringing the environment more in line with the UK, reports Independent.ie. Speaking at the SFA annual conference, Jobs Minister Mary Mitchell O'Connor said that the new Government would reduce the tax from 2017.

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