A round-up of today's other business news in brief
Aegis Media Ireland reports turnover of 202m for 2008
Aegis Media Ireland has reported turnover of €202 million for 2008. The company, which is wholly owned by Aegis plc, said its billings rose by 17 per cent, making it "the largest buyer of advertising in Ireland".
The group’s Irish operating companies include full-service agency Brindley Advertising, media communications agencies Carat and Vizeum, and digital media specialists Diffiniti.
Chief executive Liam McDonnell said Aegis’s performance last year was “phenomenal”, given the severe trading conditions within the advertising sector.
ClearStream upbeat on results
Irish medical devices company ClearStream Technologies expects its first-half results to beat analysts’ estimates.
The company said in a statement yesterday it expected interim results for the six months to the end of January 2009 to be “ahead of market expectations”.
Opsona signs research deal
Biotech group Opsona has signed a research and collaboration agreement with speciality biopharma group CSL.
Opsona will work on identifying opportunities in the areas of vaccines where CSL specialises.
The Irish firm is working on developments identified by a team of Irish immunologists that are seen as having significant potential in the area of vaccine efficacy.
€10 air departure tax to remain
Minister for Transport Noel Dempsey yesterday ruled out the Government reversing its decision to impose a new €10 air departure tax.
In response to the tax being introduced at the end of March, Ryanair has pulled routes out of Dublin and Shannon airports with the loss of 300 jobs at those airports.
