News

Ecocem Materials Limited Raises €22.5m from Breakthrough Energy Ventures and Breakthrough Energy Ventures Europe

7 May , 2021  

Green cement company Ecocem today announced the completion of a €22.5m equity investment by Breakthrough Energy Ventures (BEV) and Breakthrough Energy Ventures-Europe (BEV-E). BEV will also nominate a director to the company’s Board of Directors.   Ecocem has long been a pioneer and market leader in slag-based and other green cements.  This investment will enable […]

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Intelligent machine control to the fore in new Komatsu excavators

6 May , 2021  

Two new Komatsu excavators, both with latest generation iMC 2.0 intelligent machine control, have been introduced on the European market. In Ireland – where Komatsu is distributed by McHale Plant Sales of Birdhill and Rathcoole – focus will fall on the PC360LCi-11 version, the second model offering being its PC360NLCi-11 stable mate. Singularly one of […]

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Latest mortgage data from BPFI shows volume of FTB drawdowns at highest Q1 levels since 2007

29 Apr , 2021  

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Drawdowns Report for Q1 2021 and the BPFI Mortgage Approvals Report for March 2021.The following are the key figures from the Mortgage Drawdowns Report for Q1 2021. The following are the key elements: A total of 9,091 new mortgages to the value of €2,142 million were […]

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Retrofitting homes could generate health and wellbeing benefits of up to €600 million annually

27 Apr , 2021  

The International Energy Research Centre (IERC) at Tyndall National Institute has today launched a report on the multiple benefits of retrofitting homes on the first day of its annual conference on The Post-pandemic Charge Towards our 2030 Targets. The IERC are calling on the Government to exceed the current home retrofitting ambitions in terms of speed […]

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Maplewood and Grandbrind to commence construction on ‘first of its kind’ joint venture

9 Apr , 2021  

Maplewood Residential and Grandbrind Limited are to commence construction on a 1,034-home development at Kilcarbery in Clondalkin next week, the first public-private housing project of its kind to get underway in the country. Up to 200 construction jobs will be created through this innovative project, with the phased return of residential construction starting from 12 April. […]

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SDG announce strategic partnership worth £1m with German construction specialists B.T. Innovation GmbH

8 Apr , 2021  

Local Northern Ireland company SDG, a leading supplier of essential products to the construction industry across Ireland and the UK, has announced a £1,000,000 strategic partnership agreement with the German company B.T. Innovation GmbH. As a result, SDG will now become the UK and Ireland distribution partner of the specialist manufacturer of shuttering magnets, formwork […]

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Plant sector buoyed by industry optimism & belief that ‘better times are ahead’

30 Mar , 2021  

A sense of optimism and a belief that ‘better times are ahead’ is being felt throughout the construction plant sector, reflected in a willingness on the part of leading contractors to invest in new machinery, despite the many restrictions that the industry has had to endure over the past 12 months. That is the view […]

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Hadi Beik Daraei Appointed Senior Design Engineer as Part of LPI Group’s Continued International Growth

26 Mar , 2021  

LPI Group, Europe’s leading lightning protection system, earthing system and surge protection device specialists have today announced the appointment of Hadi Beik Daraei, as Senior Design Engineer. Hadi has over 16 years of experience in the electrical engineering field across onshore, offshore, and building establishments as a senior designer, lead engineer and project manager achieving […]

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Solid growth in February mortgage approvals

25 Mar , 2021  

Banking & Payments Federation Ireland (BPFI) has today published the latest figures from the BPFI Mortgage Approvals Report for February 2021. The following are the key elements: A total of 3,651 mortgages were approved in February 2021 – first-time buyers (FTBs) were approved for 1,969 mortgages (53.9% of total volume) while mover purchasers accounted for 903 (24.7%). […]

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New Irish Start-Up Onate Approves 29 Residential Bridging Loans Totalling Over €10m in First Two Months of 2021

22 Mar , 2021  

Property entrepreneurs and investors looking for bridging finance will now be able to get loan finance for residential properties in a matter of days, thanks to new short term property lender Onate. Onate provides fast and flexible finance secured against residential investment property (‘Residential Bridging Loans’) for a term of up to two years, up […]