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Semi-state Bodies
A State-Sponsored Body is the name given in Ireland to a state-owned enterprise (a government-owned corporation), that is to say, a commercial business which is beneficially owned, either completely or majority, by the Irish Government. Each state-sponsored body has a sponsor Minister who acts as shareholder, either independently, or in conjunction with the Minister for Finance, who may also be a shareholder. State-sponsored bodies are often popularly called ''semi-state companies'', a misnomer, since they are all (mostly) fully owned by the state, in addition not all of them are actually companies. Statutory corporations State-sponsored bodies may be organised as statutory corporations, meaning that they are officially non-profit and do not formally have shareholders, but have a board or other authority appointed by the sponsor Minister. Corporations of this type include: * Córas Iompair Éireann (Irish Transport Company) * Electricity Supply Board * Raidió Teilifís Éireann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Ireland
Ireland ( ga, Éire ), also known as the Republic of Ireland (), is a country in north-western Europe consisting of 26 of the 32 counties of the island of Ireland. The capital and largest city is Dublin, on the eastern side of the island. Around 2.1 million of the country's population of 5.13 million people resides in the Greater Dublin Area. The sovereign state shares its only land border with Northern Ireland, which is part of the United Kingdom. It is otherwise surrounded by the Atlantic Ocean, with the Celtic Sea to the south, St George's Channel to the south-east, and the Irish Sea to the east. It is a unitary, parliamentary republic. The legislature, the , consists of a lower house, ; an upper house, ; and an elected President () who serves as the largely ceremonial head of state, but with some important powers and duties. The head of government is the (Prime Minister, literally 'Chief', a title not used in English), who is elected by the Dáil and appointed by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Northern Ireland, Scotland, certain Commonwealth countries, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exchange. This is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dublin Airport Authority
DAA (styled "daa"), previously Dublin Airport Authority, is a commercial semi-state airport company in Ireland. The company owns and operates Dublin Airport and Cork Airport. Its other subsidiaries include the travel retail business Aer Rianta International and DAA International. DAA previously owned and operated Shannon Airport before Shannon Airport became a separate state-owned airport at the end of 2012. The company also owned Great Southern Hotels, which had nine sites throughout the island of Ireland, until its sale in 2006. DAA's head office is located in the original passenger terminal on the grounds of Dublin Airport. History Aer Rianta Aer Rianta was founded in 1937 as ''Aer Rianta Teoranta'' and the name is derived from the Irish language for "air ways" or "air tracks"; ''Teoranta'' is the Irish word for ''Limited''. Aer Rianta was to serve as a holding company for the national airline and to promote aviation generally. In 1947, Aer Rianta started the duty-free ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Permanent TSB
Permanent TSB Group Holdings plc, formerly Irish Life and Permanent plc is a provider of personal financial services in Ireland. Irish Life Assurance plc and the Irish Permanent Building Society merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank in 2001. The group has no connection to the UK's TSB Bank. History The bank is historically derived from three different companies: * Irish Life Assurance * Irish Permanent Building Society * Trustee Savings Bank (no relation to the British bank of the same name) Irish Life Assurance plc (founded 1939) and the Irish Permanent Building Society (founded 1884) merged to form the Irish Life and Permanent Group in 1999 and the merged entity acquired the Trustee Savings Bank (founded 1816) in 2001. Irish Life Assurance Irish Life was a life assurance company created in 1939 with state assistance and concentrated on life assurance and investment products. * The City of Dublin As ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Ireland
Bank of Ireland Group plc ( ga, Banc na hÉireann) is a commercial bank operation in Ireland and one of the traditional Big Four Irish banks. Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Irish banking history. At the core of the modern-day group is the old Governor and Company of the Bank of Ireland, the ancient institution established by Royal Charter in 1783. History Bank of Ireland is the oldest bank in continuous operation (apart from closures due to bank strikes in 1950, 1966, 1970, and 1976) in Ireland. In 1781, the Bank of Ireland Act was passed by the Parliament of Ireland, establishing Bank of Ireland. On 25 June 1783, Bank of Ireland opened for business at Mary's Abbey in a private house previously owned by one Charles Blakeney. On 6 June 1808, Bank of Ireland moved to 2 College Green. In 1864, Bank of Ireland paid its first interest on deposits. In 1926, Bank of Ireland took control of the National Land Bank. I ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allied Irish Banks
Allied Irish Banks, p.l.c. is one of the so-called Big Four commercial banks in Ireland. AIB offers a full range of personal, business and corporate banking services. The bank also offers a range of general insurance products such as home, travel and car. It offers life assurance and pensions through its tied agency with Irish Life Assurance plc. In December 2010 the Irish government took a majority stake in the bank, which eventually grew to 99.8%. AIB's shares are currently traded on the Irish Stock Exchange and the London Stock Exchange, but its shares were delisted from these exchanges between 2011 and 2017, following its effective nationalisation. The remainder of its publicly traded shares were listed on the Enterprise Securities Market of the Irish Stock Exchange until 23 June 2017. AIB also owns Allied Irish Bank (GB) in Great Britain and AIB (NI) in Northern Ireland. In November 2010, it sold its 22.5% stake in M&T Bank in the United States. At the beginning of 2008 A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
EirGrid
EirGrid plc is the state-owned electric power transmission operator in Ireland. It is a public limited company registered under the Companies Acts; its shares are held by the Minister for the Environment, Climate and Communications. It is one of a number of Irish state-sponsored bodies and is regulated by the Commission for Regulation of Utilities. History EirGrid was established under Irish and European laws including the European Communities (Internal Market in Electricity) Regulations, 2000, to enable competition in the Irish power sector. It took over operation of the national power system on 1 July 2006. ESB (the Electricity Supply Board) currently holds ownership of the physical assets. The transmission assets constitute 6,500 km of overhead line and underground cable, as well as over 100 bulk substations. The system's significance for competition is that most large independent generators connect to the transmission system and utilise it to transport their power ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bord Na Móna
Bord na Móna (; English: "The Peat Board"), is a semi-state company in Ireland, created in 1946 by the Turf Development Act 1946. The company began developing the peatlands of Ireland with the aim to provide economic benefit for Irish Midland communities and achieve security of energy supply for the recently formed Irish Republic. The development of peatlands involved the mechanised harvesting of peat, which took place primarily in the Midlands of Ireland. Over the years, Bord na Móna has expanded and diversified its portfolio of businesses to include biomass procurement and supply, power generation (peat based and renewable), waste recovery, domestic fuel products and professional and consumer horticulture products. In 2015, the company announced that the harvesting of peat for power generation is to be "phased out" by 2030, at which point the company would complete its transition to new sustainable businesses located across its bogs and landholding. The new sustainable busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ervia
Ervia, previously known as Bord Gáis or Bord Gáis Éireann (; meaning "Gas Board of Ireland"), is a multi-utility company distributing Pipeline transport, pipeline natural gas, water industry, water services and Dark Fibre, dark fibre services in Republic of Ireland, Ireland. The state-owned company has built an extensive network across Ireland. In 2014 the Bord Gáis Energy division was sold to a consortium led by Centrica, and the Bord Gáis name was transferred as part of the sale. Bord Gáis Éireann was therefore renamed Ervia in June 2014 and as a result no longer sells gas directly to customers. Ervia is the parent company of Ireland's largest utility company, Irish Water along with dark fibre operator Aurora Telecom. History Bord Gáis Éireann was established as a State-sponsored bodies of the Republic of Ireland, semi-state company by the Irish government in 1975 to replace a series of private-sector small city-based gas companies, some of whom had got into financial ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
