TV company raises staff numbers to 850

Employee numbers at one of Ireland’s best-known TV and movie production companies, Octagon Films, have increased to 850 as a result of new series of The Borgias and Vikings currently in production.

Abridged accounts lodged by Wicklow-based Octagon Films Ltd with the Companies Office show the firm recorded a profit in the 12 months to the end of September last, with its accumulated losses decreasing sharply, from €150,885 to €37,638.

Separate accounts show that a connected firm to Octagon Films Ltd, Tiber Productions Ltd, had shareholder funds totalling €2.5m at the end of March last year.