Landlordism 2.0

[Rossfan]

A lot of apologising and "clarifying" going on this week....

https://www.rte.ie/news/2023/0405/1374397-fr-peter-mcverry-taoiseach/

[seafoid]

Won't change the situation on the ground.

[marty34]

€1 billion, yes €1 billion UNDERspend by the Dept. Of Housing between 2020 and 2022.

We're taking the housing crisis seriously! 

[Armagh18]

€1 billion, yes €1 billion UNDERspend by the Dept. Of Housing between 2020 and 2022.

We're taking the housing crisis seriously! 

I know covid is to blame for a fair amount but holy f**k. Sites were open most of the time were they not.

[Rossfan]

To think Government wants Councils to solve the housing crisis....

https://www.irishexaminer.com/news/munster/arid-41115031.html

[Rudi]

https://www.rte.ie/news/investigations-unit/2023/0727/1396683-what-i-heard-as-an-undercover-renter-cash-or-some-other-way/

We are lovely people us Irish

[Puckoon]

https://www.rte.ie/news/investigations-unit/2023/0727/1396683-what-i-heard-as-an-undercover-renter-cash-or-some-other-way/

We are lovely people us Irish

And these men will have their faces blurred out and no one in their friend or family circle will be any the wiser to their predatory behaviours and nature. To be perfectly blunt - they should be named and shamed, they're owed nothing in terms of protection.

[seafoid]

One reason the Shinners are so popular:

Cartamundi employed 234 people in Waterford this time last year.

There was no sign of any problem then and the accounts were signed off declaring  a "profitable and cash generative" business with no doubt that it was a going concern,
234 jobs were lost in August
the factory is now on sale for €18m

https://www.irishtimes.com/business/work/2023/03/23/cartamundi-owners-received-almost-31m-in-dividends-from-ireland-before-closing-waterford-factory/


The Belgian owners of game-maker Cartamundi received almost €31 million in dividends from Ireland in the years before closing its Waterford factory with the loss of 234 jobs, corporate records reveal.
Generations of children and adults have played board games such as Monopoly, Trivial Pursuit, Connect 4 and Cluedo in the decades since the former MB Games set up in Waterford in 1977.
Now Cartamundi, which took over the business in 2015, has blamed a post-Covid slump in demand for games and rising costs for the decision, announced yesterday, to shut the Irish factory in August.
Company filings show the Irish unit paid out big dividends to Cartamundi in each of the years since it came under its ownership.
A €2.9 million dividend payment from Ireland was approved last July after Cartamundi received €3.9 million in 2021 and €3.2 million in 2020. Such payments followed a €5.7 million dividend in 2019, €6.4 million in 2018, €5.5 million in 2017 and €3.2 million in 2016.

After company chiefs told Waterford staff their fate yesterday, there was no comment from Cartamundi on its dividends.

 
Union leader said they will strive in coming weeks to save the jobs. "Absolutely devastating news," said Ciarán Scallan, a Siptu organiser.
"For those jobs that can't be saved, we will seek to negotiate a redundancy package which recognises and reflects the loyalty and commitment of this workforce for many decades."
Cartamundi, based in Turnhout near Antwerp, claims to be the world's largest manufacturer of board games and playing cards.
Company accounts for Cartamundi Ireland Ltd, signed off only last October, described a "profitable and cash generative" business and said there were no material uncertainties "that may cast significant doubt" over its ability to continue as a going concern.


https://www.irishtimes.com/business/work/2023/03/23/cartamundi-owners-received-almost-31m-in-dividends-from-ireland-before-closing-waterford-factory/


https://www.youtube.com/watch?v=LIh5dUOz824

[Gallybander]

One reason the Shinners are so popular:

Cartamundi employed 234 people in Waterford this time last year.

There was no sign of any problem then and the accounts were signed off declaring  a "profitable and cash generative" business with no doubt that it was a going concern,
234 jobs were lost in August
the factory is now on sale for €18m

https://www.irishtimes.com/business/work/2023/03/23/cartamundi-owners-received-almost-31m-in-dividends-from-ireland-before-closing-waterford-factory/


The Belgian owners of game-maker Cartamundi received almost €31 million in dividends from Ireland in the years before closing its Waterford factory with the loss of 234 jobs, corporate records reveal.
Generations of children and adults have played board games such as Monopoly, Trivial Pursuit, Connect 4 and Cluedo in the decades since the former MB Games set up in Waterford in 1977.
Now Cartamundi, which took over the business in 2015, has blamed a post-Covid slump in demand for games and rising costs for the decision, announced yesterday, to shut the Irish factory in August.
Company filings show the Irish unit paid out big dividends to Cartamundi in each of the years since it came under its ownership.
A €2.9 million dividend payment from Ireland was approved last July after Cartamundi received €3.9 million in 2021 and €3.2 million in 2020. Such payments followed a €5.7 million dividend in 2019, €6.4 million in 2018, €5.5 million in 2017 and €3.2 million in 2016.

After company chiefs told Waterford staff their fate yesterday, there was no comment from Cartamundi on its dividends.

 
Union leader said they will strive in coming weeks to save the jobs. "Absolutely devastating news," said Ciarán Scallan, a Siptu organiser.
"For those jobs that can't be saved, we will seek to negotiate a redundancy package which recognises and reflects the loyalty and commitment of this workforce for many decades."
Cartamundi, based in Turnhout near Antwerp, claims to be the world's largest manufacturer of board games and playing cards.
Company accounts for Cartamundi Ireland Ltd, signed off only last October, described a "profitable and cash generative" business and said there were no material uncertainties "that may cast significant doubt" over its ability to continue as a going concern.


https://www.irishtimes.com/business/work/2023/03/23/cartamundi-owners-received-almost-31m-in-dividends-from-ireland-before-closing-waterford-factory/


https://www.youtube.com/watch?v=LIh5dUOz824

MB Games were the reason why every kid in Waterford had a game of Connect 4 and Downfall at knock down factory prices.