Fruit of the Loom, Haughey, and sugar: What Irish business looked like in 1989

  • 📰 thejournal_ie
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 50%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

The 1989 State archives give a glimpse into Ireland's business world 30 years ago

Image: PA Archive/PA Images Image: PA Archive/PA Images THE YEAR IS 1989. The Berlin Wall has fallen, Nasa’s launched its Galileo spacecraft and Nintendo’s Game Boy is hitting shop shelves.

A £21 million investment in Fruit of the Loom in Donegal and pharmaceuticals company Servier opening a £3 million factory had started the ball rolling, the previous year. Intel’s plan for its European headquarters was announced in October, with the IDA and the US company announcing its plan to invest £250 million into the Leixlip facility. At the time it was the “biggest ever investment” in the Irish electronics industry.

Once the facility was completed, it was expected to employ 320. The company would go on to employ 1600 people in Ireland but was hit in 1998 when Nokia took over as the top mobile phone producer. In 2001 the plant was completely shut down.Dublin-based IFSC was set up in 1987 but ‘89 saw German bank Commerzbank join the institution at Custom House.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 32. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

I thought that credit was given to Lemass?

Every person I know have emigrated to Australia . Some to Canada others to the USA!!!

مصر أحدث الأخبار, مصر عناوين