Featured Stories
Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists Microsoft to Hire 600 People in Dublin Kingspan Full Year Report Shows Revenue up 12 Percent in 2016 What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D
 
Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists

Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists

Microsoft to Hire 600 People in Dublin

Microsoft to Hire 600 People in Dublin

Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists

Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists

17 February 2017

An Taoiseach, Enda Kenny, today unveiled on Thursday the 24 finalists from around the country who will battle it out in the National Final of Ireland’s Best Young Entrepreneur (IBYE) competition. A record 1,842 young entrepreneurs, aged between 18 and 35, have taken part in this year’s IBYE. The competition has progressed through county and […]

Read the full story

Posted in UncategorizedComments Off on Taoiseach Unveils Ireland’s Best Young Entrepreneur Finalists

Microsoft to Hire 600 People in Dublin

Microsoft to Hire 600 People in Dublin

17 February 2017

Microsoft announced on Friday plans to hire 600 people, according to IDA Ireland. Following the selection of Dublin as the location for one of four global Inside Sales Centres, 500 new roles have been created with immediate effect. The Company also announced that it is recruiting a further 100 people across its existing operations in […]

Read the full story

Posted in Company News, Investment, IT, Jobs, Project News, Services, Technology, Training & EducationComments Off on Microsoft to Hire 600 People in Dublin

Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

17 February 2017

Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in 2016.  Trading profit was up 33% to €340.9 million, while acquisitions contributed 11% to sales growth and 7% to trading profit growth in the year. “2016 was another record year for Kingspan,” Kingspan Chief Executive Gene […]

Read the full story

Posted in Company News, Construction, Investment, ManufacturingComments Off on Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

17 February 2017

Post written by Ian Collins, Partner at EY Ireland. Previously published on Fora.ie The burden for small firms investing in research should be lifted. Ireland’s tax regime already ranks among the best in class internationally and allows companies to claim significant cash refunds for their research efforts – in turn facilitating the creation of jobs and ultimately […]

Read the full story

Posted in Economy, Investment, Training & EducationComments Off on What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

16 February 2017

OncoMark, a University College Dublin (UCD) spin-out company, announced on Wednesday that it has secured €2.1 million to fund the commercialisation of OncoMark’s lead product, OncoMasTR, which it plans to launch in 2018. OncoMasTR is a novel prognostic test for early-stage breast cancer that will reduce the number of breast cancer patients receiving unnecessary chemotherapy. OncoMark […]

Read the full story

Posted in Company News, Company Profile, Finance, Investment, Medical, Project News, TechnologyComments Off on OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

ICON Report 12.4 Percent Net Income Increase For 2016

ICON Report 12.4 Percent Net Income Increase For 2016

16 February 2017

Irish-based drug developer ICON reported on Thursday its financial results for the fourth quarter and full year, 2016, showing that the fourth quarter net revenue grew 7.9% year on year to $435.1 million from $403.3 in 2015. This represented 8.4% constant currency growth and 4.2% constant dollar organic growth year on year. Income from operations in […]

Read the full story

Posted in Chemical, Company News, Medical, PharmaceuticalComments Off on ICON Report 12.4 Percent Net Income Increase For 2016

Phase Two Extension of 'The Mill' Enterprise Hub Opens in Drogheda

Phase Two Extension of ‘The Mill’ Enterprise Hub Opens in Drogheda

16 February 2017

The Minister for Small Business, Pat Breen, officially opened the Phase two extension of The Mill in Drogheda, County Louth, on Thursday. The Enterprise Hub was named The ‘Mill’ in recognition of Drogheda’s proud commercial and industrial heritage dating back to the early 1800’s, but is now staking it’s claim as one of the leading […]

Read the full story

Posted in Construction, IT, TechnologyComments Off on Phase Two Extension of ‘The Mill’ Enterprise Hub Opens in Drogheda

European Parliament Approves Trade Agreement with Canada

European Parliament Approves Trade Agreement with Canada

15 February 2017

The EU-Canada Comprehensive Economic and Trade Agreement (CETA), which aims to boost goods and services trade and investment flows, was approved by the European Parliament on Wednesday. The landmark trade deal could apply provisionally from as early as April 2017. “By adopting CETA, we chose openness and growth and high standards over protectionism and stagnation,” […]

Read the full story

Posted in Economy, Markets, Supply Chain, TransportComments Off on European Parliament Approves Trade Agreement with Canada

Record Level of Exports in 2016

Record Level of Exports in 2016

15 February 2017

Exports totalled more than €116 billion in 2016, the highest annual total on record, according to preliminary figures released by the Central Statistics Office on Wednesday. This is an increase of €4.5 billion (4%) over 2015. Imports in 2016 decreased by €507 million (1%) to €69.60 billion compared with 2015 while the preliminary trade surplus for […]

Read the full story

Posted in Economy, Haulage, Markets, Supply ChainComments Off on Record Level of Exports in 2016

Indeed to Hire 500 New Dublin Staff

Indeed to Hire 500 New Dublin Staff

15 February 2017

Job website Indeed announced on Wednesday expansion plans for its Dublin-based headquarters for Europe, the Middle East and Africa (EMEA), adding 500 new employees over the next two years. The company has already started recruiting for sales, client services, HR, business development, marketing, finance, strategy and operations roles, which will help companies across EMEA to […]

Read the full story

Posted in Company News, IT, JobsComments Off on Indeed to Hire 500 New Dublin Staff

The Benefits of R&D Tax Credits and the Knowledge Development Box for the Construction Sector

The Benefits of R&D Tax Credits and the Knowledge Development Box for the Construction Sector

15 February 2017

Post provided by Mazars. From building technologies and enhanced decision-making systems, the advances in both digital technology and connectivity with established engineering systems and principles has created the much needed drive for innovation in the construction sector. Given recent opportunities and prior reflections, owners and practitioners alike should seek efficient projects, lower costs, advance materials […]

Read the full story

Posted in Construction, Engineering, Finance, Investment, TechnologyComments Off on The Benefits of R&D Tax Credits and the Knowledge Development Box for the Construction Sector

Dublin Office Tenants 'Pre-Letting' Space In Buildings That Have Not Yet Been Constructed

Dublin Office Tenants ‘Pre-Letting’ Space In Buildings That Have Not Yet Been Constructed

14 February 2017

There has been a surge in office “pre-letting” – the practice of tenants committing to lease contracts before a building has even been constructed – accounting for 28,000 square meters (44%) of all the Dublin office space leased in Q4 2016, property consultants Savills said on Monday. In Dublin 2 and 4, where the demand […]

Read the full story

Posted in Construction, EconomyComments Off on Dublin Office Tenants ‘Pre-Letting’ Space In Buildings That Have Not Yet Been Constructed

NGINX to Establish EMEA Headquarters in Cork

NGINX to Establish EMEA Headquarters in Cork

14 February 2017

Web server developer NGINX, Inc. announced on Monday plans to establish a new headquarters for EMEA in Cork, creating 100 tech jobs over the next three years in specialties including sales, marketing, finance, business development, software architecture, engineering, and research and development. “By launching our EMEA headquarters in Cork we’ll be able to better serve our […]

Read the full story

Posted in Company News, Company Profile, Investment, IT, JobsComments Off on NGINX to Establish EMEA Headquarters in Cork

BrowserStack to Establish International Headquarters in Dublin

BrowserStack to Establish International Headquarters in Dublin

14 February 2017

Mobile and web testing platform BrowserStack has operationalized its devise Mobile Data Center in Dublin, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor announced on Tuesday. Mitchell O’Connor also announced that BrowserStack will expand its Dublin operations and plans to employ world class talent to lead the development of the next generation of mobile and web […]

Read the full story

Posted in Company News, Company Profile, Investment, IT, Jobs, Services, TechnologyComments Off on BrowserStack to Establish International Headquarters in Dublin

HSA Develops Free Online Course to Help Employers Manage Workplace Bullying

HSA Develops Free Online Course to Help Employers Manage Workplace Bullying

13 February 2017

The Health and Safety Authority (HSA) has created a free short online course, aimed at assisting employers in managing workplace bullying complaints, accessible through https://hsalearning.ie. The 30-minute course is intended help employers and managers to understand the nature of bullying complaints and to deal with them appropriately. Employers and managers need to upskill themselves in order […]

Read the full story

Posted in IT, Training & EducationComments Off on HSA Develops Free Online Course to Help Employers Manage Workplace Bullying

January Sees “Near-Record” Rise in Construction Employment

January Sees “Near-Record” Rise in Construction Employment

13 February 2017

Activity in the Irish construction sector rose sharply in January on the back of higher new orders, according to the Ulster Bank Construction PMI Report, released on Monday. The survey highlighted a near-record rise in employment as companies responded to greater workloads. The rate of input cost inflation quickened to the sharpest since February 2007 […]

Read the full story

Posted in Engineering, Jobs, Markets, Raw MaterialsComments Off on January Sees “Near-Record” Rise in Construction Employment

Founder of THEYA Healthcare Shortlisted for Cartier Awards

Founder of THEYA Healthcare Shortlisted for Cartier Awards

10 February 2017

Irish entrepreneur, Ciara Donlon, founder and CEO of medical device company THEYA Healthcare has been shortlisted as a finalist for the 2017 Cartier Women’s Initiative Awards. Ciara is the only Irish entrepreneur shortlisted for the European Award category alongside an entrepreneur from Russia and an entrepreneur from the UK. The Cartier Women’s Initiative Awards are an […]

Read the full story

Posted in Awards, Biotechnology, Company News, MedicalComments Off on Founder of THEYA Healthcare Shortlisted for Cartier Awards

Three Agencies Upgrade Eir's Credit Rating

Three Agencies Upgrade Eir’s Credit Rating

10 February 2017

Eir announced on Friday that all three ratings agencies; Moody’s Investors Service, Standard & Poor’s, and Fitch Ratings have each upgraded their credit rating for eircom Holdings (Ireland ) Limited, trading as eir. These upgrades reflect eir’s improved operational and financial performance as the Company continues its successful business transformation. Moody’s, S&P and Fitch previously […]

Read the full story

Posted in Company News, FinanceComments Off on Three Agencies Upgrade Eir’s Credit Rating

Shard Capital Launches Venture Capital Fund

Shard Capital Launches Venture Capital Fund

10 February 2017

Shard Capital Partners LLP announcesd on Thursday the launch and first closing of the Suir Valley Venture Fund of Suir Valley Funds ICAV, the first Irish focused venture capital fund in Ireland that uses a regulated fund with a fully regulated Alternative Investment Fund Manager. The Fund invests in early stage software companies in the […]

Read the full story

Posted in Company News, Company Profile, Finance, Investment, IT, TechnologyComments Off on Shard Capital Launches Venture Capital Fund

Accenture Launches R&D Hub 'The Dock', Announces 300 Jobs

Accenture Launches R&D Hub ‘The Dock’, Announces 300 Jobs

10 February 2017

Accenture announced on Friday plans to hire more than 300 technology and design professionals in Ireland this year. This includes 100 new roles at The Dock, the company’s multi-disciplinary research and incubation hub, which was officially opened the same day.  The Dock has capacity for more than 200 professionals to co-create new services and solutions. […]

Read the full story

Posted in Company News, Construction, Investment, Jobs, Project News, TechnologyComments Off on Accenture Launches R&D Hub ‘The Dock’, Announces 300 Jobs

Mean Weekly Earnings Increased by One Percent Between 2011 and 2014

Mean Weekly Earnings Increased by One Percent Between 2011 and 2014

09 February 2017

Both mean and median weekly earnings for all employment increased by one percent in the period 2011 to 2014, according to figures released by the Central Statistics Office (CSO) on Thursday. There was an increase of 1.5 percent in mean weekly earnings for females for the same period while mean earnings for males remained unchanged. […]

Read the full story

Posted in Economy, JobsComments Off on Mean Weekly Earnings Increased by One Percent Between 2011 and 2014

Enterprise Ireland Invested €32 Million Into Start-Ups in 2016

Enterprise Ireland Invested €32 Million Into Start-Ups in 2016

09 February 2017

State agency Enterprise Ireland announced on Thursday that it invested €32 million in Irish start-ups in 2016 and supported a total of 229 start-up companies, the highest number to date in a single year. Investment was provided in the form of Competitive Start Funds (CSFs) and High Potential Start-Up (HSPU) funding. Over 400 entrepreneurs and […]

Read the full story

Posted in Finance, Investment, Project NewsComments Off on Enterprise Ireland Invested €32 Million Into Start-Ups in 2016

KBC Releases 2016 Preliminary Results, Commits to "Long-Term Investment in Ireland"

KBC Releases 2016 Preliminary Results, Commits to “Long-Term Investment in Ireland”

09 February 2017

KBC banking group on Thursday released preliminary results for their Irish operations 2016, in which it confirmed its long-term commitment to continuing business in Ireland. KBC Bank Ireland reported a full year net profit of €227 million after tax and impairments for 2016, compared to a profit of €75 million in 2015. KBC Group ended […]

Read the full story

Posted in Company News, Finance, InvestmentComments Off on KBC Releases 2016 Preliminary Results, Commits to “Long-Term Investment in Ireland”

Dublin Airport Passenger Numbers Up Nine Percent in January

Dublin Airport Passenger Numbers Up Nine Percent in January

08 February 2017

Passenger numbers at Dublin Airport increased by 9% to almost 1.9 million in January, Dublin Airport announced Tuesday. Passenger volumes to and from continental Europe grew by 7%, with almost 873,000 passengers travelling to European destinations, while UK traffic grew by 8% with more than 741,000 passengers travelling on routes between Dublin and the UK during […]

Read the full story

Posted in Company News, Economy, TransportComments Off on Dublin Airport Passenger Numbers Up Nine Percent in January

Businesses Encouraged to Apply as New Funding is Made Available for Enterprise Training

Businesses Encouraged to Apply as New Funding is Made Available for Enterprise Training

08 February 2017

Skillnets, the national agency responsible for funding and supporting training networks, announced on Tuesday details of a new training fund that will support private sector businesses by addressing their skills needs. Groups of businesses from the same sector or region can collectively apply to establish a Skillnets training network and access training funding. Training networks […]

Read the full story

Posted in Economy, Investment, Jobs, Training & EducationComments Off on Businesses Encouraged to Apply as New Funding is Made Available for Enterprise Training

Gift Card Sales Increased in 2016 Due to Tax Free Threshold - Savills

Gift Card Sales Increased in 2016 Due to Tax Free Threshold – Savills

08 February 2017

The sale of gift cards at three of Ireland’s largest shopping centres reached new highs in 2016. Liffey Valley Shopping Centre in Dublin witnessed card sales increase by 13%. In Kildare, sales at Whitewater increased by 9%, and in Cork, at Mahon Point, the figure was 1%. Across all three shopping centres, approximately 125,000 gift […]

Read the full story

Posted in UncategorizedComments Off on Gift Card Sales Increased in 2016 Due to Tax Free Threshold – Savills

Curtiss-Wright Awarded €4.5 Million European Space Agency Contract

Curtiss-Wright Awarded €4.5 Million European Space Agency Contract

08 February 2017

Curtiss-Wright’s Defense Solutions division announced on Wednesday that its Ireland-based facility has been selected by the prime contractor on the Vega-C Launcher System and GPM Development and Qualification Program for the European Space Agency (ESA), to provide a COTS-based telemetry data system for the new launcher. At €4.5 million, this is the largest ESA related […]

Read the full story

Posted in Company News, Contracts Awarded, Electronics, Engineering, Project News, SciencesComments Off on Curtiss-Wright Awarded €4.5 Million European Space Agency Contract

New Kilkenny Animation Studio to Create 140 Jobs

New Kilkenny Animation Studio to Create 140 Jobs

07 February 2017

Canadian animation studio, Mercury Filmworks, together with Kilkenny-based animation studio, Cartoon Saloon, plan to create an all-new 2D-focused animation studio in Ireland, Lighthouse Studios, it was announced on Monday. The joint venture, supported by IDA Ireland, will create over 140 jobs in the next three years. In the coming weeks, Lighthouse Studios plans to announce […]

Read the full story

Posted in Company News, Company Profile, Investment, JobsComments Off on New Kilkenny Animation Studio to Create 140 Jobs

Almost 1,000 New Jobs Supported Through Microfinance Ireland Loans in 2016

Almost 1,000 New Jobs Supported Through Microfinance Ireland Loans in 2016

07 February 2017

The Government-funded, not-for-profit lender, Microfinance Ireland (MFI), supported the creation of almost 1,000 Irish jobs through loans to small business in 2016, MFI reported on Monday. A record number of 397 loans totaling €5.4 million were approved in 2016, supporting the creation of 990 jobs. This brings to 2,811 the number of new jobs supported by […]

Read the full story

Posted in Economy, Finance, Investment, Jobs, Training & EducationComments Off on Almost 1,000 New Jobs Supported Through Microfinance Ireland Loans in 2016

Red Hat to Create 60 Jobs in Waterford

Red Hat to Create 60 Jobs in Waterford

07 February 2017

Open source software company, Red Hat, plans to invest €12.7 million in a new project, creating up to 60 jobs in Waterford over four years, Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor and Minister of State for Training, Skills & Innovation John Halligan announced on Monday. Red Hat’s Waterford office was established in 2014 […]

Read the full story

Posted in Company News, Company Profile, Investment, IT, JobsComments Off on Red Hat to Create 60 Jobs in Waterford

€28 Million Funding Announced for Fishery Harbour Infrastructure

€28 Million Funding Announced for Fishery Harbour Infrastructure

06 February 2017

Minister for Agriculture, Food and the Marine Michael Creed announced details of a €28 million Capital Investment Package for the ongoing development of Ireland’s Local Authority owned small harbour network in Monday. In announcing the initiative the Minister said: “The €28m I am allocating for the 2017 Fishery Harbour and Coastal Infrastructure Capital Programme represents […]

Read the full story

Posted in Construction, Investment, Project NewsComments Off on €28 Million Funding Announced for Fishery Harbour Infrastructure

MicksGarage.com Raises €1.5 Million for UK Market Growth

MicksGarage.com Raises €1.5 Million for UK Market Growth

06 February 2017

Irish online automotive parts retailer MicksGarage.com announced on Sunday the completion of a €1.5 million funding round to support further growth in the UK market. This latest fundraising for the Irish owned e-commerce business, which provides car parts and accessories to both do-it-yourself motoring enthusiasts and garages, was founded by brothers Ciaran and Michael Crean. […]

Read the full story

Posted in Company News, Engineering, Investment, IT, TransportComments Off on MicksGarage.com Raises €1.5 Million for UK Market Growth

Ryanair Q3 Profit Falls 8 Percent to €95 Million, Traffic Grows 16 Percent

Ryanair Q3 Profit Falls 8 Percent to €95 Million, Traffic Grows 16 Percent

06 February 2017

Irish airline Ryanair reported on Monday that Q3 profits fell 8% to €95 million, as average fares fell by 17% to just €33 per passenger and traffic grew 16% to 29 million customers. Q3 unit costs were cut by 12%. Ryanair also reported that €311 million was returned to shareholders in Q3 under a €550 […]

Read the full story

Posted in Company News, Economy, Markets, TransportComments Off on Ryanair Q3 Profit Falls 8 Percent to €95 Million, Traffic Grows 16 Percent

Limerick Company Sign €1.1 Million Deal to Distribute Medical Devices in Oman

Limerick Company Sign €1.1 Million Deal to Distribute Medical Devices in Oman

03 February 2017

A delegation of 20 Irish companies, led by Enterprise Ireland and Minister for Employment and Small Business Pat Breen, participated in the 2017 edition of Arab Health, which took place at the Dubai International Convention & Exhibition Centre from January 30 to February 2. One participating company, Fleming Medical, signed a distribution agreement with Muscat […]

Read the full story

Posted in Company News, Contracts Awarded, Medical, Pharmaceutical, Supply ChainComments Off on Limerick Company Sign €1.1 Million Deal to Distribute Medical Devices in Oman

Government Opens Public Consultation for National Planning Framework

Government Opens Public Consultation for National Planning Framework

03 February 2017

The Taoiseach and Minister Simon Coveney launched a major national consultation for the preparation of a strategic planning and development framework for Ireland between now and 2040, in Maynooth University on Thirsday. The event was the first of two public consultation exercises and a series of regional and stakeholder events in preparing Ireland 2040 – […]

Read the full story

Posted in Economy, Finance, Investment, JobsComments Off on Government Opens Public Consultation for National Planning Framework

Jobs Minister to Launch National Design Forum

Jobs Minister to Launch National Design Forum

03 February 2017

Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, announced on Thursday that she will establish a National Design Forum which will drive Ireland’s capability and reputation as a source of design innovation. “Innovation gives companies and products their competitive edge and design is the piece that makes products distinctive, valuable and desirable,” Mitchell […]

Read the full story

Posted in Engineering, ServicesComments Off on Jobs Minister to Launch National Design Forum

€5 Billion Investment in Irish BioPharma Sector

€5 Billion Investment in Irish BioPharma Sector

03 February 2017

Capital investment projects valued at €5 billion have been recently completed or are currently in progress across the Irish biopharma industry, according to Matt Moran, Director of BioPharmachem Ireland, the Ibec association representing the biopharma, pharma and chemical sectors in Ireland. BioPharaChem Ireland’s primary aim is to ensure that Ireland remains a recognised global centre […]

Read the full story

Posted in Investment, Medical, PharmaceuticalComments Off on €5 Billion Investment in Irish BioPharma Sector

Traceability – How to Have Your Cake and Eat It

Traceability – How to Have Your Cake and Eat It

02 February 2017

“Implementing a traceability system is not an expense. The benefits of traceability should outweigh the cost of implementation,” according to Denis O’Brien, Director of Standards and Solutions at GS1 Ireland. GS1 global standards are the most widely used supply chain standards in the world. Over 2 million organisations across the globe currently use GS1 Standards […]

Read the full story

Posted in Investment, Supply Chain, TransportComments Off on Traceability – How to Have Your Cake and Eat It






Advertisements





























National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4

Join our Newsletter!



By subscribing you agree to receive updates from us by email. You can opt out of receiving emails at any time.

The Magazine