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Free Zone jobs in the black for Shannon Development

FOR the first time since 2008, more jobs were created than lost last year in Shannon Development client companies based in the Shannon Free Zone.

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Six miss weeks of work after Chemifloc spill

SIX of eight people hospitalised following a chemical spillage at Chemifloc in Shannon still hadn’t returned to work three weeks after the incident, according to a report by the Environmental Protection Agency (EPA).

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Roche records increase in profits

MULTINATIONAL drugs company Roche, which has a manufacturing base in Clarecastle, have seen an increase in profits and a rise in group sales with demand growing for cancer medicines and an increase in sales of diagnostic tests to clinical labs.The Swiss company described their results for 2012 as “strong” with group sales rising by 4% to 45.5 billion CHF (Swiss francs). The group’s core operating profit increased to 17.2bn CHF, attributed to solid sales development and an increase in royalty income. The group’s core earnings per share rose 10% to 13.62 CHF. The net income for Roche increased to 9.773bn CHF from 9.544bn CHF.Roche chief executive Severin Schwan said, “We met our financial targets, grew faster than the market and our strong pipeline positions us well for further growth”.The company stated its three top selling products, MabThera/Rituxan, Herceptin and Avastin, all performed strongly in 2012.  

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Opponents to salmon farm to stage major rally

THOUSANDS of people are expected to hit the streets of Galway in March in protest against the proposed development of a massive fish farm off the North Clare coast.

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Jingle bells at the tills

RETAILERS across the county can expect a boost in the coming days as post-Christmas bargain hunters hit the shops. Retail Excellence Ireland, the largest retail industry trade body, reported an increase in the number of consumers for the sales, which began in many places on St Stephen’s Day. This is likely to filter out to towns in Clare this weekend and next week, according to REI. Figures from the organisation show Christmas 2012 saw an increase in the number of consumers out shopping and early figures indicate sales are up overall when compared to Christmas 2011. Clare-based CEO of REI, David Fitzsimons said, “Turnout of shoppers for the Christmas season is well ahead of expectations with retailers offering the very best value and service to consumers. It is also welcome to see a return of consumer confidence, based on the increase in consumers, and we can only hope that this will remain throughout 2013.”

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No reduction in rates for businesses

THE burden of rates on Clare businesses is not going to be reduced in 2013, following the adoption of a budget by Clare County Council on Tuesday.County manager Tom Coughlan claimed it hasn’t been possible to reduce the charges and he told the meeting of the impact a cut in rates would have on the council’s coffers.“If there was a reduction in rates of 10%, it would mean a reduction of €3.6 million in income to Clare County Council,” he claimed at the budget meeting.He said if this course was taken, the first thing that would have to be done would be to identify where expenditure could be reduced by the same amount.Mr Coughlan also said a blanket reduction would benefit some businesses disproportionately. “The second point is that of that €3.6m reduction in rates, over €2m would go to 13 ratepayers. That is the impact. The 2,107 ratepayers left would share the €1.6m.”Trying to maintain services despite a collapse …

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Shannon business sector deplore high rates

A DELEGATION of Shannon business people have challenged Clare’s 32 county councillors to represent their concerns on “crippling” rate charges much more effectively.

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National directive may hit Clare paper suppliers

Clare office equipment and paper suppliers will suffer a significant reduction in business if the county’s primary and secondary schools are forced to adhere rigidly to a national procurement directive.

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