Teva Pharmaceuticals — the generics drug giant and maker of Sudocrem — will close one of two laboratories in Dundalk but major manufacturing plants in Waterford and at Baldoyle in Dublin appear safe amid a worldwide cost-cutting review.

200 new jobs have been announced for Co Louth today.

Commercial property company Blackrock International Land saw its assets decline in value by almost €90m in 2009 due to the property slump, the company said today.