Greenstar take the trophy at Chamber Golf Classic


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The team from Greenstar beat off stiff competition as they were deemed outright at this year’s Waterford Chamber Annual Golf at Waterford Golf Club.


Not far behind were House of Waterford Crystal and the team from Teva claimed the third spot.


Speaking on the night, Waterford Chamber President, Michael O’Dwyer thanked the sponsors saying that without them, the event could not happen. “We are delighted to have Arachas on board again this year as the event sponsor. This is our second year working with Arachas and their commitment to the Golf Classic is hugely appreciated.

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“House of Waterford Crystal has been with this event since the very start, this is our 21st year running the event and as you will see from the stunning perpetual crystal trophy, it looks as good today as it did back in 1995. They have also been hugely generous in their sponsorship of the prizes, which are from the new Lismore Collection and we thank House of Waterford Crystal for their continued support.”


Speaking on the night Gary O’Keeffe, Commercial Account Director at Arachas said: “Arachas are delighted to be involved as main sponsor of the Chamber golf classic for a second year. As a local company who employ 45 people we feel it is important to support local events. Arachas have a strong heritage in supporting the business community in Waterford dating back to when we traded as Fitzgerald Insurances, located on The Quay.”


Gary also introduced Alan Hickey their latest recruit who is heading up their Financial Services Team and finished by thanking the Chamber for running an excellent event and congratulated all prize winners on the day.


Before presenting the prizes, Tom Walsh of House of Waterford Crystal said: “Golfing tournaments all around the world are a key part of our business. We take great pride in supporting Waterford Chamber’s annual tournament. It's a great event for the city of Waterford and House of Waterford Crystal.”


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Regional Job Momentum Must Be Maintained


Waterford Chamber today (26/08/15) welcomes the latest Quarterly National Household Survey which shows continual growth in employment figures.


Commenting on the Survey's publication, Michael O' Dwyer, Chamber President, said "The ongoing reduction in unemployment numbers is very positive and indicates that Ireland has at last entered a new phase of economic growth."


"Critically, the latest figures show that job creation has spread too all regions and is no longer limited to our main urban areas. It is furthermore very positive to see how the number of self-employed is growing at a faster rate than employees."


"Increasing the number of indigenous businesses and entrepreneurs is vital to ensuring a sustainable job market which provides local employment opportunities in all our regions. In order to drive this momentum, we urge Government to use Budget 2016 as a tool to make entrepreneurship even more attractive, notably by ensuring that self-employed people no longer are penalised under our tax system."


"We also believe that more can be done to advance regional business growth and call on Government to incentivise Local Authorities to ring fence a portion of commercial rates for local economic development through a match funding programme from the Exchequer"

Create sales leads at Chamber Business Expo


The second annual Waterford Chamber Business Expo will take place on Thursday, September 10th in Bolands BMW & MINI Showrooms from 4pm to 7pm.


Sponsored by BMCI Insurances & Investments Ltd., the event will feature over 70 local businesses across all sectors, from innovation and technology to hospitality and entertainment.


This ‘Ultimate Business After Hours’ event will offer the perfect opportunity for anyone in business, whether exhibiting or not, to network, create sales leads and share information.


Exhibition stands are fully booked at this stage but the event is open to anyone to attend – and best of all it’s free and there are loads of prizes and special offers up for grabs.


To book your place, simply email This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call 051 311130.


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Aviation sector is critical to regional economy


Waterford Chamber today (21/08/2015) welcomed the publication of a National Aviation Policy for Ireland.


Speaking today, Nick Donnelly, Chamber CEO, said: “As an island economy, a new national aviation policy has long been needed to underpin our nation’s growth and to secure our future interconnectivity with Europe and the wider world.”


“Today’s publication is a very positive outcome of a process involving Chambers around the region as key stakeholders. The new policy contains a number of references to specific recommendations made by South East Chambers and we are pleased to see that the aviation sector has now been recognised as critical for underpinning regional growth and improving business access to export markets”.


“We are delighted that Exchequer support for operational expenditure at Waterford Airport as well as capital expenditure relating to safety and security has been approved up to 2019 which is very positive news both for Waterford and the wider region”” 

Infrastructure and Capital Investment


In September 2015 Government is expected to announce an Infrastructure and Capital Investment Plan which will run until 2020. This information note provides an overview of the current need for capital investment and is intended as a guide for Chambers to highlight local infrastructure projects of significant economic importance in their local PR and media activities.


Current Policy Context

The fiscal consolidation programme has had a significant impact on capital expenditure and the consequences are now beginning to show. Between 2008 when investment peaked at 5.3% of GNP and 2014, Government has reduced capital expenditure by 60%.


In our Pre-Budget Submission this year, Waterford Chamber highlighted the need for prioritising investment in our strategic infrastructure. A well-functioning infrastructure system is critical for any modern economy’s ability to generate growth. If we wish to remain competitive in a global market, we must increase investment and invest smartly.


Waterford Chamber therefore recommends Government to:


  • Increase investment in economic infrastructure and borrow to do so where necessary.
  • Leverage the opportunity presented by low-interest funding.
  • Prioritise strategic projects with strong long-term economic benefits for investment having been appraised with a rigorous cost-benefit analysis.
  • Fully engage with the European Investment Plan as a means to fund Irish strategic infrastructure projects.
  • Ensure that investment decisions today reflect the strategic objectives of Ireland’s economic future.


By investing smartly and strategically, Ireland will be put on the right track to attracting further inward investment while supporting indigenous businesses to grow their output. Although more capital spending would involve upfront costs and borrowing from European lenders, we consider the long-term return on investment higher than the cost since the development of key infrastructure projects will improve our national competitiveness.


For further information please contact Waterford Chamber directly on 051 872639.  


Sensationalist headline of no benefit to Waterford


Waterford Chamber CEO, Nick Donnelly has hit out at this week’s headline in the Waterford News & Star calling it sensational journalism and unhelpful in terms of dealing with the issue itself.


Nick Donnelly said, “We have no difficulty with a local paper investigating and reporting accurately on local issues but the headline is not accurate and creates the wrong impression of Waterford.


“This kind of newspaper headline regarding what is a very serious issue, has caused significant reaction by many Chamber members and others in Waterford and if anything, the tactic of using sensationalist headlines has misrepresented and even exaggerated the issue itself, which is disappointing. There is significant effort happening throughout Waterford to deal with the issues of drug taking, addiction and dealing. There is an acute awareness of the issues and related consequences but to describe Waterford in this way is totally irresponsible and unacceptable. Waterford Chamber will seek an urgent meeting with the owners of the Waterford News & Star to reinforce our position on the matter.”

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