New figures from Bord na Mona show the State-backed utility returned to profitability last year, with all divisions within the group also generating revenue growth.

The recent spell of exceptional weather — the weatherman predicts that it has passed — reminded us all of how very precious a resource life-giving and life-sustaining water is.

Ireland has the potential to cater for more than 12% of the EU’s energy demand through renewable energy exports, a conference heard yesterday.

Bord na Móna has reported a better-than-expected performance for the first quarter of its current financial year, with group revenue up by 25% on a year-on-year basis and ahead of budgetary targets.

Bord na Móna made loss before tax of €2.9m for the year ending March 2012, it was announced today.

BORD na Móna is to invest €6 million creating 91 jobs over the next three years at the company’s headquarters in Newbridge, Co Kildare.

Bord na Móna is to create 91 new jobs as part of a €6m R&D investment over the next three years, it was announced today.

BORD na Móna has warned that approval for the development of a massive man-made reservoir in the midlands to store water drained from the Shannon is essential to guarantee future water supplies for the greater Dublin area.

BORD na Móna is hopeful of being granted “lead partner” status in the Government’s plan to establish a more focused utility body around water supply, as set out in both the Programme for Government and the EU/IMF agreement.

BORD na Móna remains confident of boosting turnover to around €800 million over the next four to five years, despite seeing a 4% decline to €384m in its last financial year.

Bord na Móna today announced its annual results for the year ending March 2010 with operating profits of €23m compared to €23.8m the previous year.

THE 10 highest earning bosses at Ireland’s state and semi-state companies each earn more than US president, Barack Obama.

BORD na Móna management yesterday played down talk of any “downsizing” at the company – as proposed by last week’s An Bord Snip Nua public sector pay review – by claiming it will double in size over the next five years and add at least 300 jobs over the coming two years.

A GROUP of former Bord na Móna workers protested in Tullamore, Co Offaly, yesterday over what they claimed was a €15m deficit in the company’s pension schemes.

BORD na Móna has appointed Kerry Group executive Gabriel D’Arcy as managing director.

Bord na Móna has today announced the appointment of Mr Gabriel D’Arcy as managing director.