Golf Classic 2014



This year's Golf Classic, sponsored by Arachas, takes place at Faithlegg House Hotel & Golf Club on Friday, 25th July. 4-person scramble. Registration is at 1pm with a shotgun start at 2pm.


Enter a team: €381.50 inc. VAT for team of 4, includes goodie bag and meal at 7pm.


Sponsor a tee sign: €100.


Bookings: To book a team please call 051 872639 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it .


Prizes for 1st, 2nd, 3rd, nearest the pin and longest drive, kindly sponsored by House of Waterford Crystal.


Goodie bags kindly sponsored by Caulfield's SuperValu.


Tee signage kindly sponsored by Swift Print.



  • AIB
  • Arachas
  • Cantec/Bodega
  • Caulfields SuperValu
  • City Square Shopping Centre
  • Ernst & Young
  • Faithlegg House Hotel & Golf Course
  • Genzyme
  • Greenstar
  • Hasbro
  • House of Waterford Crystal
  • Keverflow
  • MK Brazil & Co
  • McDonalds Restaurants
  • Peter O'Connor & Son Solicitors
  • PricewaterhouseCoopers
  • South East Port Services
  • Sun Life Financial
  • Teva Pharmaceuticals


Tee sponsors:


  • APBS
  • Arkopharma
  • Bodega Restaurant
  • The Chocolate Cafe
  • Dawn Meats
  • DNG Thomas Reid Auctioneers
  • Dooley's Hotel
  • Fieldmaster
  • Fitzgerald Life & Pensions
  • Frontline Audio Visual
  • George's Court Shopping Centre
  • Granville Hotel
  • Hertz Rent A Car Waterford
  • McDonald Dwyer Reddy & Byrne Insurances Ltd
  • McDonalds Restaurants
  • The Premium Butcher
  • Radius Technologies
  • Suir Clean
  • Suirway Bus & Coach Services
  • Waterford Airport
  • Waterford City & County Council
  • Whitfield Clinic
Waterford Business Expo



Shortlist for Chambers Ireland’s eleventh annual CSR Awards announced


Chambers Ireland has today (16/07/14) announced the shortlist for the 2014 Corporate Social Responsibility Awards. Celebrating their eleventh year, the Awards continue to go from strength to strength with a record number of applications once again received this year.


The Awards are partnered with Business in the Community Ireland, sponsored by BAM Contractors and run in association with the Department of Environment, Community and Local Government. The winners will be presented with award pieces from Tipperary Crystal’s Rosemount range.


Commenting on the shortlist, Nick Donnelly, Waterford Chamber CEO said, “This year we have seen once again a record number of applications to the awards. Just under half of those were new entrants which highlights how rapidly CSR has grown in recent years. More and more companies are making CSR a core part of their business and these awards are an opportunity to recognise that commitment. From a local perspective, we are delighted to see Dawn Meats make the shortlist for ‘Excellence in Environment’ and well done to them. Dawn were also shortlisted again last year and we wish them the best of luck.”


Minister for the Environment, Community and Local Government, Alan Kelly T.D. continued, “I am delighted to see the commitment that companies across Ireland continue to make to their local communities, to sustainable business practices and to environmental concerns. It is these companies that strengthen Ireland’s reputation as an excellent place to live and work. I know this year’s applications were of exceptional quality and I congratulate all those on the shortlist.”


Tina Roche, CEO of Business in the Community Ireland added, “Business in the Community Ireland, as the network for Corporate Responsibility, seeks the outcome of responsible and sustainable business practices. Recent research has shown that organisational culture and the level of employee engagement are key drivers of business performance. These shortlisted companies show that their best practice, from their environmental to their workplace practices, is directed towards building a culture of innovation and excellence. Congratulations to all on the shortlist.”


Theo Cullinane, Chief Executive BAM Group Ireland, concluded, “I wish all the shortlisted candidates the best of luck in the Awards. Since our initial involvement with the CSR Awards several years ago, I’ve been hugely impressed with the initiatives showcased each year across a range of sectors. A focus on people and planet has always been the driving ethos of BAM, and it is encouraging to see so many organisations across Ireland with CSR at the heart of their business.”


Awards will be presented for Excellence in Community (sub-divided into Partnership with Charity, Community Programme and Volunteering), Environment – sponsored by the Environmental Protection Agency, Marketplace, Workplace, Communication, International CSR and CSR by an SME. One company will also be presented with the Outstanding Achievement in CSR Award at the ceremony in the Ballsbridge Hotel, Pembroke Road, Dublin 4 on Thursday, 18th September.

Chamber welcomes appointment of Paudie Coffey TD as Minister of State


Waterford Chamber has today (15/07/2014) welcomed the Government’s decision to appoint Waterford TD, Paudie Coffey as Minister of State at the Department of the Environment with Special Responsibility for Housing, Planning and Coordination of the Construction 2020 Strategy.


Chamber President, Dr Derek O’Byrne said, “This is positive news, both for Paudie Coffey and Waterford and we offer our congratulations to him on this well-deserved appointment. At a national level, it’s vitally important that Waterford is well-represented, particularly at a political level and we have no doubt that Mr Coffey will deliver in his new role at the Department of the Environment.”


Mr Coffey is the first Waterford TD to be appointed to a Government ministerial position since 2010.

Budget 2015 must capitalise on recovery


Waterford Chamber has today (14/07/14) said that Budget 2015 provides an opportunity to ensure that economic growth and job creation are balanced across the economy and the country.


Speaking this morning, Waterford Chamber President, Dr Derek O’Byrne said, “While some regions and sectors of the economy have seen a developing recovery, there are many areas still facing tough economic conditions. Government must ensure that measures introduced in Budget 2015 support local economic development, encourage job creation and promote balanced growth.”


“It is vital that no new taxes are introduced in Budget 2015. Certain taxes, such as marginal tax rates and Capital Gains Tax, should be reduced to incentivise investment, lessen the cost of employment and encourage job creation. Anything that acts as an impediment to employment must be removed. The current system of social welfare must continue to be reformed to help people break their dependency on welfare and support them in moving to part time or full time employment.”


Chambers Ireland has made a number of recommendations to stimulate growth and support job creation including:


  • Abolish the 80% windfall tax on rezoned land with any gains falling under Capital Gains Tax rules. This will facilitate much needed residential development in areas where there is pent up demand and stimulate the construction sector.
  • Reduce marginal tax rates to below 50% to reward employment, support enterprise, and attract high value FDI jobs.
  • Reduce Capital Gains Tax to 20% for active investments and improve the Employment and Investment Incentive and the Seed Capital Scheme to encourage entrepreneurs across the country to invest and create jobs.
  • Reinstate the lower rate of employers’ PRSI for Class A staff to encourage businesses to take on new employees.
  • Maintain and give certainty on the 9% VAT rate in the hospitality sector which supports the national hospitality and tourism industries.


“Government’s focus must be on the overall goal of getting the country back to work. Impediments to work must be removed, the cost of employment reduced and measures to stimulate growth introduced if we are to create employment and once again become a vibrant economy,” he concluded.


A copy of Chambers Ireland’s full Pre Budget Submission is available here.

President's Lunch with Frank Daly, NAMA




Waterford Chamber today (July 4, 2014) hosted the Chairman of NAMA, the National Asset Management Agency Mr. Frank Daly as the guest speaker at the annual Waterford Chamber President’s lunch at Waterford Castle.


Mr. Daly began by outlining that NAMA is achieving its commercial objectives, elaborating that NAMA expects to repay its borrowings – both senior and subordinated – and the company is cautiously optimistic about their ability to generate a surplus. He stated that NAMA is ahead of schedule in terms of its targets and assuming market conditions remain supportive, he is confident that their work will be completed ahead of the 2020 completion date originally envisaged and also that NAMA is delivering on a number of other fronts for the Irish economy. Particularly in doing all it can to support the recovery of the country’s property markets, the construction sector and to channel investment into the Irish economy.


In relation to Waterford, Mr. Daly elaborated on some of the projects which NAMA are working on for the betterment of the property industry and economic recovery of Waterford. At present within one project NAMA are focusing on investing in assets in Ireland to take advantage of the favourable market trends in funding many large-scale commercial and residential development projects, which is contributing to the noticeable pick-up in output and employment in construction and related parts of the economy. One such project locally is their investment in Airfield Point in Dunmore East where NAMA has funded remediation works including the upgrading of internal roads and paths and the completion of remaining houses to a saleable standard.


NAMA have also funded works relating to the site of a potential 10,000 sq. metres retail development on Michael Street close to the old Apple Market. That has included carrying out repairs to a protected structure on Stephen Street, renovating shop units on Michael Street itself and demolishing derelict housing. As part of our overall assessment of the site’s commercial feasibility, NAMA are funding BKD Architects, whose past projects include Dundrum Town Centre, The Square and the Crescent Shopping Centre in Limerick, to prepare drawings. This forms part of the pre- planning process that NAMA are working closely on with the City and County Council. We have also provided 50% funding for an independent ‘Waterford City Retail Study’, which is currently being finalised. Waterford City and County Council has provided the other 50% for the study, the purpose of which is to identify a vision for the renewal of the retail core of Waterford City and delineate the opportunities available to prospective investors in the city.


Commenting on the lunch event President of Waterford Chamber, Dr. Derek O’Byrne said, "It is important from a Waterford perspective that we use every opportunity to harness the potential of the city and in that regard the news on the Michael Street site is to be warmly welcomed. We have over the past months demonstrated that the city is open for business and has the infrastructure and appetite for growth and we must continue to build upon this."


In relation to the recent analysis of the housing demand in Ireland Mr. Daly says that "NAMA’s position on this is that there is a real need and a real opportunity for residential development to meet the acute demand for new housing in Dublin and increasingly in the other main growth areas. To illustrate the scale of this, current estimates are that Dublin needs 8,000 to 10,000 new houses and apartments a year – last year, it produced 1,600." Frank outlines that NAMA are doing a lot in this area and locally, in Waterford, NAMA are currently finalising the delivery of social housing at a number of sites, including the sale of 19 houses at Ceol na Mara, Kill to Respond Housing Association. The sale of sites for seven houses at The Paddocks, Williamstown Road to Anvers Housing Association with Brain Injury Ireland and the long-term lease of eight houses at The Mills, Lismore to the National Association of Building Co-operatives.


Concluding his speech Mr. Daly said that NAMA will achieve its commercial objectives and do so ahead of schedule. "At the end of last year, NAMA successfully met its first milestone by repaying 25% of our senior debt in line with our schedule. Events since then mean that we now firmly ahead of that schedule. The faster rate at which NAMA is paying down its debt and reducing Ireland’s contingent liability was one of the reasons given by Standard and Poor’s and Moody’s for raising Ireland’s debt rating recently. So, NAMA is beating its targets and playing its part in building confidence – home and abroad – in Ireland’s economic recovery story. We are also putting the cash that we are generating to productive use in the Irish economy and are helping to provide the infrastructure needed to meet Ireland’s existing as well as future growth needs."


To read Mr Daly's full speech, please click here.


This event was kindly sponsored by School of Business at WIT.



WIT School of Business' programme portfolio reaches undergraduate, graduate, executive and entrepreneurial learners.  Our industry interaction is extensive spanning from access to our experts and work placement to programme provision to the level of professional doctorate for senior managers/CEOs.











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