Greenstar aims to double turnover over next four years

GREENSTAR, the waste management company owned by toll-road operator NTR, appointed Steve Cowman as its new chief executive yesterday.

Mr Cowman will replace Mike Wynne, who will take up the position of non-executive deputy chairman.

Greenstar, formerly known as Celtic Waste, plans to double its annual turnover to 150 million over the next four years. Mr Cowman said yesterday that the company would invest over €80 million in waste infrastructure next year and a further €100 million between 2005 and 2007.