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CSF

New €500,000 Enterprise Ireland fund to support FinTech start-ups

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Dalata acquires hotel development site for €8m

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Ulster Bank to cut 100 branch network jobs

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Team of 50 blockchain developers and designers to be built in Dublin centre

CSF

New €500,000 Enterprise Ireland fund to support FinTech start-ups

26 May 2016

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, today (26 May 2016) launched a new €500,000 Enterprise Ireland Competitive Start Fund (CSF) to stimulate start-up activity in the FinTech sector. The fund, which is a part of the IFS2020 strategy, provides up to €50,000 in equity support by Enterprise Ireland for each […]

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Dalata acquires hotel development site for €8m

26 May 2016

Irish hotel group Dalata has agrees a deal for a hotel development site on Kevin Street in Dublin City Centre for €8.1m. The site is located at the junction of New Street South and Kevin Street upper, close to Stephen’s Green. Panning permission was granted last November by an Bord Pleanála for a hotel development on the […]

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Ulster Bank to cut 100 branch network jobs

26 May 2016

Ulster Bank to cut more 100 branch network jobs as part of a restructuring of its retail branch network. Voluntary severance will be offered to some employees but others are feared to be at risk of compulsory redundancy, according to the union representing staff. Ulster Bank said in a statement this afternoon that the company is seeking 124 […]

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Team of 50 blockchain developers and designers to be built in Dublin centre

26 May 2016

Deloitte, the professional services and consulting firm, today announces Dublin as the base for the creation of an EMEA Financial Services Blockchain Lab as part of its FinTech initiative ‘The Grid’. The firm will build a team of 50 people over 18 months to be based in the Dublin centre. The lab’s team will comprise […]

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Youth unemployment drops according to new CSO figures

24 May 2016

According to the latest figures from the Central Statistics office, youth unemployment has fallen while the number of women in the workforce has risen. The official unemployment rate dropped to 8.3% in the first three months of the year from 9 per cent in the final quarter of 2015, the data shows. The decline in […]

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Maxol creating 50 jobs for Mayo

24 May 2016

Fuel company Maxol has said it will create 50 jobs in Mayo, following a €2 million investment. The company will also be opening two new retail locations in Westport and Castlebar. The investment in Castlebar has led to the creation of an additional 20 jobs in the areas of retail supervisors, sales assistants and deli staff. The redevelopment of […]

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€250,000 in grants available for new Energy Efficient Design Management Framework – EXEED Driving efficiency and innovation in the design process

24 May 2016

The Sustainable Energy Authority of Ireland (SEAI) recently launched the EXEED (Excellence in Energy Efficient Design) Certified Program, a new management framework which complements the Irish Energy Efficient Design Standard I.S.399. Up to €250,000 per applicant has been made available in 2016 for businesses or organisations undertaking a building retrofit, facility or process upgrade which […]

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Posted in Company NewsComments Off on €250,000 in grants available for new Energy Efficient Design Management Framework – EXEED Driving efficiency and innovation in the design process

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Harvey Nash creating100 jobs for Galway

23 May 2016

Harvey Nash IT  said 40 of the new roles would be directly involved with the company in Ireland in the areas of recruitment and support services. The IT specialist firm said the move was spurred by a growth in demand for workers in the technology, life sciences and finance sectors. According to the firm, there are […]

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Ryanair records profits of 43%

23 May 2016

Ryanair has recorded that profits grew 43% to more than €1.24 billion in the year to the end of March, up on last year’s figure and sending the company’s share price higher in Dublin trade.  Revenue for the year rose by 16% to €6.536 billion from €5.654 billion, while the airline’s average fare was down 1% […]

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The Sustainable Energy Authority of Ireland Appoints New CEO

21 May 2016

The Board of the Sustainable Authority of Ireland (SEAI) is pleased to announce the appointment of Mr Jim Gannon as CEO of the Authority.  The appointment takes place with effect from 23rd May 2016 and Jim will lead the development and delivery of the Authority’s new five year strategy.   SEAI Chair, Ms Julie O’Neill […]

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Virgin Media wins All Ireland Integrated Marketing Award

21 May 2016

Virgin Media Ireland scooped the Integrated Marketing Award at the All Ireland Marketing (AIM) Awards in Dublin Last night.   The keynote award marks the campaign implemented by Virgin Media as it launched its brand across Ireland last year including advertising, marketing, PR, digital,  social media and event management in a cohesive and memorable approach […]

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Prestigious “International Best Practice” Awards for Optimum Results Ltd.

19 May 2016

Dundalk based Training Company, Optimum Results is awarded the EU Training Foundation’s “International Best Practice” award for their work in Management Skills Development. This is the second such accolade received by Optimum Results from the European Training Foundation (ETF). In 2015 they received this award for their ‘Catalyst’ programme, which builds the SME Management & […]

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Posted in Awards, Company NewsComments Off on Prestigious “International Best Practice” Awards for Optimum Results Ltd.

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LotusWorks creating 100 jobs for Sligo

18 May 2016

LotusWorks is creating 100 new jobs at its Sligo headquarters on the next 12 months.   LotusWorks, currently employs nearly 500 people and will create 50 new jobs over the next six months – with another 50 to come on stream by the end of 2017.   Founded in 1989 as Lotus Automation IRL LTD, LotusWorks […]

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Storage company to create 60 jobs in Ireland

18 May 2016

Smart Storage will be creating 100 new jobs in Ireland and the UK over the next 18 months. The company which specialises in discrete under-stair storage is to create 60 jobs in Ireland in the area of sales, marketing, logistics, operations and manufacturing. While 40 of the jobs will also be created in the UK. […]

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Nearly half of building costs go towards construction

18 May 2016

A new survey published by the Society of Chartered Surveyors reveals that less than half of the costs involved in building a three bed, semi-detached house in the greater Dublin area go towards construction. The survey, based on a study of eight house building projects in or around Dublin, found that the ‘hard cost’ of […]

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Posted in ConstructionComments Off on Nearly half of building costs go towards construction

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130 jobs at risk in Tipperary pharmaceutical company

17 May 2016

More than 130 jobs are at risk following the appointment by the High Court of a provisional liquidator to a Co Tipperary based pharmaceutical manufacturing company. Suir Pharma Ireland Ltd, which is located in Clonmel and has been making generic medicines for approximately 40 years in the town, is insolvent and is to be wound […]

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Final Call for Entries to Sustainable Energy Awards 2016

17 May 2016

The Sustainable Energy Authority of Ireland (SEAI) today issued a final call to urge organisations, businesses or communities who have achieved energy savings through efficiency or renewable energy to enter the Sustainable Energy Awards before the closing date on Friday 20th May.   The Awards, sponsored by Enprova, are open to large and small projects […]

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Irish whiskey exporters may be in for windfall

17 May 2016

Irish whiskey producers may hit their target of doubling export sales much sooner than their planned 2020 date, if the UK votes them out of the EU on the 23Rd June. Scotch whisky currently dominates sales across Europe selling more than €1.3 billion each year, with the biggest volume going to France. In fact France […]

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Posted in Food & BeverageComments Off on Irish whiskey exporters may be in for windfall

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Wayfair to create 160 jobs for Galway

17 May 2016

US-owned online furnishing and homewares retailer Wayfair is to announce 160 new jobs for Galway this morning. Wayfair currently employs 200 people in the city and specialises in home furnishings and décor. The compnay is planning to expand its new European Operations Centre on the Tuam Road in the building formerly known as Connaught House. The IDA […]

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(L-R) Niall Dunne, country manager Ireland, Polycom presents Pat Larkin, CEO, Ward Solutions, and a number of the Ward Solutions team with the Managed Service Company of the Year award at the 2016 Tech Excellence Awards.

Ward Solutions Wins 2016 Managed Service Company of the Year at Tech Excellence Awards

16 May 2016

Ward Solutions, Ireland’s leading information security provider, today announces that it won the 2016 Managed Service Company of the Year award at the Irish Tech Excellence Awards at the Ballsbridge Hotel, Dublin last Thursday (May 12th). Now in its 16th year, the Tech Excellence Awards recognises excellence in the design, implementation and support of technology […]

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Posted in Awards, Company NewsComments Off on Ward Solutions Wins 2016 Managed Service Company of the Year at Tech Excellence Awards

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IKEA to create 30 new jobs with the opening of second Dublin store

16 May 2016

Swedish retail giant IKEA is to open its second outlet in Dublin this Summer with the creation up to 30 new jobs. The home furnishings company has agreed a lease with property group Iput that will see it lease 15,000 sq ft premises at The Park in Carrickmines. It will be a scaled-down version of […]

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2,200 jobs at risk for Debenham’s employees

13 May 2016

Debenhams  has placed its 11 Irish stores into examinership. In doing so the retail chain has put 2,265 jobs at risk, following the failure of rent negotiations with its landlords, including previous owners the Roche family. The business is now under the protection of the court, and has appointed Kieran Wallace of KPMG as interim examiner to […]

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CS and STEM learning in schools hampered due to lack of resources

13 May 2016

Fundamental reform in Ireland’s education system is needed if the digital skills gap evident in Irish society is to be met, a senior academic from Trinity College Dublin said today. Brendan Tangney, Professor in Computer Science & Statistics,Trinity College Dublin said that teachers need comprehensive resources, whole school supports, training and technology available in the […]

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Posted in IT, TechnologyComments Off on CS and STEM learning in schools hampered due to lack of resources

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Manufacturing Bucks Trend In Latest CICM UK Credit Managers’ Index

12 May 2016

The Manufacturing Sector continues to drive business confidence and the outlook for growth, according to the latest quarterly barometer from the Chartered Institute of Credit Management (CICM).   Overall economic confidence has fallen, however, especially in the Services Sector, and the combined figures for the first quarter of this year (Q1 2016) do not take […]

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Irish Tech firms raise €237m in venture capital funding

12 May 2016

Technology firms in Ireland have raised €237m in venture capital funding in the first quarter of 2016, almost double that of last year, according to the latest VenturePulse figures from the Irish Venture Capital Association (IVCA). The amount of funding raised in the first quarter was nearly double the €119.8m raised in the first quarter […]

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Comtrade will help Ryanair become a digital travel leader following major deal. Pictured (L-R) are: Dejan Cušic, Solutions and Services Business Director, Ireland & UK, Comtrade; and John Hurley, CTO, Ryanair.

Ryanair to become digital travel leader following major Comtrade deal

12 May 2016

Comtrade, the leading software engineering services and solutions provider, today announces it has revolutionised the Ryanair passenger travel experience following a significant deal with the airline. Comtrade’s Irish operation partnered with Ryanair to develop the carrier’s myRyanair platform, an application that speeds up the booking process by over 20% and assists passengers with their entire […]

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Posted in Company News, Contracts AwardedComments Off on Ryanair to become digital travel leader following major Comtrade deal

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Datapac awarded Sophos Irish Partner of the Year for fourth year running

11 May 2016

Datapac, Ireland’s leading ICT solutions provider, today announces that the company has been recognised as Sophos Irish Partner of the Year for the fourth year in a row. Datapac received the award for its capacity to attract new customers and its high levels of team accreditations, as well as its continued commitment to excellence across […]

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NYPRO to let go 47 of it’s staff in Waterford

11 May 2016

Medical Device company NYPRO Healthcare Ireland has announced that it will let go 47 of its staff at it’s Waterford facility. The company said that it is releasing a number of agency workers and fixed term contract staff due to a temporary downturn in demand. The Waterford plant, which opened in 2013, manufactures advanced respiratory […]

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Posted in Company News, Jobs, MedicalComments Off on NYPRO to let go 47 of it’s staff in Waterford

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Pizza Hut to invest €50m into new outlets and staff across Ireland and the UK

11 May 2016

Pizza Hut Delivery has announced that it is to create 3,000 jobs in 200 new stores across the UK and Ireland over the next four years. The firm did not give an exact breakdown of how many jobs will be based in it’s stores in Ireland or where it plans to open the new stores. However, the chain […]

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Posted in Company News, Food & Beverage, Investment, JobsComments Off on Pizza Hut to invest €50m into new outlets and staff across Ireland and the UK

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Irish publicans to create an additional 5,000 jobs this Summer

11 May 2016

The Vintners’ Federation which represents the majority of publicans in Ireland has said it expects it’s members to create 5,000 more seasonal jobs than usual this summer due to increased tourism and continued economic growth. The VFI said tourism figures are already up 16% on this time last year and there is more of a rise expected in overseas […]

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Posted in UncategorizedComments Off on Irish publicans to create an additional 5,000 jobs this Summer

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Permanent TSB’s first quarter trading in line with expectations

11 May 2016

Permanent TSB Group has said in a trading statement today that trading has been in line with expectations and that it was profitable over the first quarter of the year. But the bank said it may not generate the return on equity of around 10% by 2018 it had flagged to investors just a year ago, […]

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Posted in Company News, FinanceComments Off on Permanent TSB’s first quarter trading in line with expectations

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Carlsberg sales fall in the first quarter

11 May 2016

Brewer Carlsberg has today said it’s sales fell more than expected in the first quarter due to decline in China’s market and foreign exchange fluctuation. Sales fell 3% to 13.01 billion Danish crowns ($1.99 billion), missing the 13.18 billion crowns average of 14 analyst estimates compiled by Thomson Reuters. “Beer market development in Asia was […]

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C&C reports a fall in revenues and operating profits

11 May 2016

C&C has reported a fall in revenues and operating profits for the year to the end of February due to the company facing major challenges including poor weather and increased competition. The drinks group said its full year revenues eased by 3.1% to €662.6m while operating profits fell by 10.3% to €103.2m, as it had […]

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Grafton Group reports postive start to trading year

10 May 2016

UK and Ireland-based building materials group Grafton has reported a positive start to its trading year with group revenue for the first four months up 13.2% to £790m. The builders merchanting and DIY group said it expects these trends to continue throughout the remainder of the year. However, its Belgian business saw difficult trading conditions due to […]

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Allergan reports rise in quarterly revenues

10 May 2016

Allergan, today reported a 48% rise in quarterly profit, led by strong sales of Botox and Restasis. The Irish based company whose $160 billion merger with Pfizer fell apart last month,reported a better than expected quarterly profit. Allergan was known as Actavis until it bought Botox-maker Allergan last year and took on its name. It also said […]

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Horizon Life Sciences Group Introduces SeriCode™ To The Market

09 May 2016

Horizon Life Sciences Group, the global life sciences engineering and manufacturing solutions provider, has officially launched its new subsidiary company, SeriCode™ – the strategic partner for serialisation implementation in the pharmaceutical industry.   SeriCode’s mission is to be a champion for patient safety by leading the way for the eradication of counterfeit drugs. It is […]

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Posted in Company News, Engineering, ManufacturingComments Off on Horizon Life Sciences Group Introduces SeriCode™ To The Market

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Smurfit Kappa profits grow by 31%

09 May 2016

Smurfit Kappa has recorded a 31% increase in pre-tax profits for the first quarter of the year. Shares in the paper and packaging company jumped more than 3% in early trading yesterday. The Dublin-based business switched its main share listing to London last month while keeping its Dublin presence as a secondary listing. The move was […]

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Construction growth activity slows again for a second month

09 May 2016

After a record growth in February, construction growth activity in the construction sector has now eased back for both March and April. The Ulster Bank Construction Purchasing Managers’ Index (PMI) – found the rate of expansion was the weakest since November 2015, down from 62.3 in March to 56.4 last month. The monthly survey of participants in […]

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Posted in ConstructionComments Off on Construction growth activity slows again for a second month




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