Shannon Group - through its subsidiary Shannon Commercial Properties – has acknowledged the remarkable contribution to the Mid-West economy of Shannon Free Zone’s largest employer, Ei Electronics with a presentation to mark two special anniversaries.
Shannon Group plc delivered a fourth consecutive year of growth in 2018, with the Group’s impact on the economy of the West of Ireland and beyond increasing as all three of its companies achieved notable growth.
The attractiveness of Shannon Group’s International Aviation Services Centre (IASC) as an international cluster for the industry has been reflected by the decision of leading aircraft investment specialist and advisory firm Stratos to establish a base there.
Shannon Commercial Properties has confirmed it is seeking to appoint a new contractor to complete its first speculative new-build, a €10m state-of-the-art new office block, after the main contractor was forced in examinership.
A €40 million Shannon Commercial Properties investment in state-of-the-art property solutions at the Shannon Free Zone is to be accelerated in 2018 to capitalise on the demand for commercial property in the region, the company stated today.
Shannon Group plc, the parent company of Shannon Airport, Shannon Commercial Properties and Shannon Heritage, recorded another positive year of trading in 2016 as turnover hit €67.2m, up by over 2% on 2015.
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