Enterprise Ireland reports drop in investment income as portfolio returns €2m less in 2017

Enterprise Ireland reports drop in investment income as portfolio returns €2m less in 2017

Enterprise Ireland recorded a drop in the amount of money it received from its investment portfolio last year despite selling stakes in a number of high-profile companies.

The agency, which invests taxpayer money in growing Irish companies, said the gains on disposal of stakes, dividends and share redemptions declined by €2 million in 2017 to €26.8 million.

The agency listed a handful of its investments from which it recorded gains in recent days. These included Voxpro, the Cork-based...

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