RC Business

ESB worker share-holders are unhappy that €300m of 2007 profits was used in 2008 as a subsidy to ease domestic electricity price increases. At their recent AGM the company’s ESOP (employee share option scheme) were critical of this move. The employees own 14% of the company.

Meanwhile ESB’s competitors have claimed 300,000 new customer accounts-presumably,customers lost by the ESB.

Business