Classifieds Advertise Archive Subscriptions Family Announcements Photos Digital Editions/Apps
Connect with us

Business

MEP welcomes new guidelines on investment aid for companies

Published

on

Ireland North West MEP Pat the Cope Gallagher has reacted to the decision by the European Commission to publish new guidelines on how EU Member States can grant investment aid to companies in order to support economic development in peripheral regions across the EU.

The new guidelines were published this week following a decision by the College of EU Commissioners.

Pat the Cope Gallagher MEP described the new guidelines as “a vast improvement on the original proposal put forward by the Commission”.

Pat the Cope Gallagher MEP stated that “there was great concern, within the Irish Government and the various State agencies responsible for attracting new investment into Ireland including Údarás na Gaeltachta and the BMW Regional Assembly, when the Commissioner for Competition, Joaquin Almunia first published his draft document. As a result, I requested an urgent meeting with the Commissioner in March to discuss his ideas.

“He originally wanted to prohibit aid to large companies in so called “c” regions which would have essentially prevented the Irish Government from providing incentives to companies interested in setting up new businesses in Galway. This would have serious consequences for the North West as often new facilities or plants established would be part of a larger international company with more than 250 people employed.

“This situation was untenable due to the current economic climate and I was also familiar with several companies in the West which may not have established bases without the help of investment aid.  Furthermore, investment aid is still very much needed to address deep rooted regional problems such as geographical remoteness, poor connectivity and infrastructure, particularly in the West.”

Mr. Gallagher added that “the final proposal represents significant progress from the initial proposal by the Commission to restrict aid to large enterprises across “c” regions. The compromise agreed by the Commission will allow Member States to provide investment aid to large enterprises for new economic activities and diversification of existing enterprises into new products or new process innovation.”

Mr Gallagher concluded: “I would also like to pay tribute to the Irish Commissioner Máire Geoghegan-Quinn for her efforts to ensure the continuation of aid for companies in the West.”

 

Connacht Tribune

Galway’s housing stock on the rise

Published

on

A total of 1,147 residential buildings were under construction in Galway as of June – according to the latest GeoView Residential Buildings Report.

Over half of the residential buildings under construction in Ireland in June 2021 were located in the Leinster region (58.4%), revealed the report which is published by GeoDirectory and EY Economic Advisory.

The Greater Dublin Area of Dublin, Meath, Kildare and Wicklow accounted for 35.6% of the total number of buildings under construction in the country. In contrast, the lowest levels of construction activity were recorded in Ulster (6.5%) and Connacht (10.6%).

In all, 1,182 new residential addresses in Galway were added to GeoDirectory’s nationwide database in the twelve months to June 2021.

At 30.8%, the highest proportion of the new residential address points were again located in Dublin, followed by Cork (10.8%), Kildare (9.7%) and Meath (5.7%).

In percentage terms, Leitrim (219.6%), Carlow (146.5%) and Roscommon (144%) registered the highest year-on-year growth in new address points, albeit from a previously low base.

The report also found that 9.5% of all residential stock in the state are apartments. In total, there were 194,898 apartment address points across the country in June 2021.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

Continue Reading

Connacht Tribune

Galway towns included in home support pilot

Published

on

Confirmation...Minister Anne Rabbitte.

Tuam, Athenry and Loughrea will form one of a select number of areas for a nationwide pilot scheme to see how to improve home support services for families in need of carers.

Minister for Disabilities and Galway East Deputy Anne Rabbitte confirmed that the Galway towns were among nine across the country to form part of a national Home Support Pilot Programme, which will commence next month.

The pilot scheme will deliver an additional 230,000 hours of Home Support services over a six-month period, with the evaluation of the outputs to continue over a twelve-month period from its commencement.

Minister Rabbitte described this as a major boost for Tuam, Athenry and Loughrea.

“This will deliver in-home supports across the three towns, which are in the heart of East Galway and I know from working with families across the constituency that this will be a major boost,” she said.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

Continue Reading

Connacht Tribune

Galway passengers are all smiles at Shannon!

Published

on

Shannon Airport
Shannon Airport

The smiles on the faces at Shannon Airport very much told its own story this week – with passengers taking to skies as the easing of restrictions and the first day of the European Digital COVID Certificates took effect.

And it wasn’t just the joy of travel starting to resume that lifted spirits at the airport but also the announcement by Ryanair of a new once-weekly service to Gran Canaria (Las Palmas) to commence on August 7 – the third new service announcement for Shannon Airport over recent weeks.

There was a real sense of excitement as passengers of all ages became very much at ease with the heightened public safety measures in a ‘back-to-the-future’ day for the West of Ireland gateway airport.

There were reunions as inbound flights arrived but also a palpable degree of anticipation as others got set to depart on the earliest flight out of the airport today, the 7:10am flight to Gatwick.

Among those boarding was Clarenbridge native Claire Tomlin and her husband Jake, together with their three children, including their twins who turn a year old next week.

“It’s been amazing to get back. The kids saw their grandparents for the first time and their cousins and aunties and uncles, so it was fantastic,” said Claire.

“Shannon is just so convenient for us because it’s only about 40 minutes’ drive. So, it just makes everything a lot easier in terms of getting to and from places with little ones. So, yeah, Shannon is a great resource for us. Really, really good. We hope to be able to go back more and more.”

It was smiles all around for Shannon Airport staff as they got back to doing what they do best. “Well, today is a great day because you can see the atmosphere around the place, people are at ease here and they’re glad to be back, they’re glad to get up in the sky again,” said Shannon Duty Free Sales Associate Helen Quinlivan.

“It’s great to see the excitement. People are really looking forward to going back and seeing their loved ones and they’re very at ease.”

Continue Reading

Local Ads

Local Ads

Advertisement
Advertisement

Facebook

Advertisement

Trending