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  • UN Green Finance Network For Climate Change to Establish its European Hub in Dublin A major United Nations programme that encourages global financial centres to place sustainable and green finance at the heart of their operations and help fight climate change, is to establish its European base in Ireland. The new European secretariat will coordinate from Dublin a network of pan-European cities committed to the expansion of green and [...]...
  • National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th The National Food & Drink Business Conference and Exhibition 2018, Ireland’s premier trade event for the food and drink processing, packaging, ingredients and logistics industries, is being held at the Citywest Convention Centre on Wednesday, September 5th, 2018. The theme of the 2018 National Food & Drink Business Conference and Exhibition is ‘Collaborating for an Innovative [...]...
  • GMIT IHUB Extension Work Commences The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the [...]...
  • Northern Ireland Housing Market Continues to Perform Strongly The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society. Analysing the performance of the Northern [...]...
  • Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a [...]...

UN Green Finance Network For Climate Change to Establish its European Hub in Dublin

  UN Green Finance Network For Climate Change to Establish its European Hub in Dublin

A major United Nations programme that encourages global financial centres to place sustainable and green finance at the heart of their operations and help fight climate change, is to establish its European base in Ireland. The new European secretariat will coordinate from Dublin a network of pan-European cities committed to the expansion of green and […]

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National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th

  National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th

The National Food & Drink Business Conference and Exhibition 2018, Ireland’s premier trade event for the food and drink processing, packaging, ingredients and logistics industries, is being held at the Citywest Convention Centre on Wednesday, September 5th, 2018.
The theme of the 2018 National Food & Drink Business Conference and Exhibition is ‘Collaborating for an Innovative […]

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GMIT IHUB Extension Work Commences

  GMIT IHUB Extension Work Commences

The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the […]

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Northern Ireland Housing Market Continues to Perform Strongly

  Northern Ireland Housing Market Continues to Perform Strongly

The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.

Analysing the performance of the Northern […]

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Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

  Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a […]

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Call For Reduction in Stamp Duty For First-time Buyers

  Call For Reduction in Stamp Duty For First-time Buyers

A call for stamp duty to revert to 2pc to enable more aspiring first-time buyers acquire once off sites to build homes has been called for by IPAV, the Institute of Professional Auctioneers & Valuers, which says last year’s hike from 2pc to 6pc is adversely affecting the cost of a new house for first-time buyers. Launching its […]

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Subway Looks to a ‘Fresh Forward’ Future as First Concept Store Opens in Northern Ireland

  Subway Looks to a ‘Fresh Forward’ Future as First Concept Store Opens in Northern Ireland

SUBWAY®, the world’s largest submarine sandwich chain, has marked its 20th year in Northern Ireland with the opening of its first Subway® Fresh Forward concept store in Northern Ireland. Representing an investment of £90,000 the latest Ballycastle eatery is the 50th Subway® Fresh Forward premise to open in the UK and the 100th store in Europe.
Subway® Fresh Forward is set to transform the customer […]

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Envisage Cloud Unifies Dalata’s Financial Operations in €200,000 Deal

  Envisage Cloud Unifies Dalata’s Financial Operations in €200,000 Deal

Envisage Cloud, Ireland’s largest Sage systems integrator and software developer, has announces that it has designed and implemented a new cloud-based financial system for the Dalata Hotel Group in a €200,000 deal. The new solutions includes bespoke software and Sage 200cloud, which unified Dalata’s financial systems across all 39 hotels in the group making it easier […]

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Diageo Invests $90 Million to Open New Guinness Brewery in the US

  Diageo Invests $90 Million to Open New Guinness Brewery in the US

Diageo has opened the new home of Guinness in America – the Open Gate Brewery & Barrel House in Maryland. The creation of a world-class brewery, barrel house and visitor centre, and development of packaging and warehousing operations has generated more than 200 jobs and represents an investment by Diageo of approximately $90 million in […]

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New Managing Director at Heineken Ireland

  New Managing Director at Heineken Ireland

HEINEKEN Ireland has appointed Maarten Schuurman (pictured) as its new Managing Director, effective 1st September 2018. Maarten Schuurman has enjoyed a successful 22-year career at HEINEKEN encompassing both global and general management leadership positions.
He will join the Irish business from his current role as Head of Global Sales based in the company’s international headquarters in The […]

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Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

  Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

Belfast-based agri technology company Devenish Nutrition has secured €118 million in long-term funding to enable its research, development and growth plans. This major refinancing deal is made possible by a pioneering investment of €40 million from the European Investment Bank (EIB). The EIB investment has been combined with commitments from Devenish’s new commercial finance partners, […]

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British Irish Chamber of Commerce Calls For EU-wide Brexit Mitigation Fund

  British Irish Chamber of Commerce Calls For EU-wide Brexit Mitigation Fund

The British Irish Chamber of Commerce has called for the establishment of an EU-wide Brexit Mitigation Fund for industries and regions negatively impacted by Brexit and urged the government to step up its efforts to protect the economy against the worst impacts of the UK’s withdrawal from the EU.
In its Pre-Budget Submission presented to the […]

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Kraydel Invests in R&D to Develop Revolutionary Smart Device

  Kraydel Invests in R&D to Develop Revolutionary Smart Device

Belfast-based Kraydel has developed a revolutionary smart device which could change the way we care for older people in their homes. The device is designed specifically for people who may not be familiar or comfortable with technology. The smart device sits on top of the TV as a connected device, linking the older person to their […]

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Dublin Selected as Host City For Global DIY Summit in 2019

  Dublin Selected as Host City For Global DIY Summit in 2019

Dublin has been selected to host the 2019 Global DIY Summit following a competitive process which included bids from a number of key convention destinations including Rome and Amsterdam. The event, which will take place over the course of two days in the Convention Centre Dublin next June, is expected to generate up to €5 […]

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HBAN Angels Receive a 10 Times Return on Phorest Investment

  HBAN Angels Receive a 10 Times Return on Phorest Investment

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, has announced that a number of the original HBAN investors in software developer Phorest have been bought out for a sum averaging 10 times their initial investment.
Phorest, which provides management software […]

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ABP Wins 17 Great Taste Awards

  ABP Wins 17 Great Taste Awards

ABP Ireland has been awarded a total of 17 stars at the prestigious annual Great Taste 2018 Awards in London, which is run by the Guild of Fine Food. ABP accounted for 14 out of 25 Irish beef products that were recognised at the event.
As part of a highly impressive performance, ABP Ireland received two stars […]

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AIT Spearheads 2nd Phase of Major EU Cybersecurity Research Effort

  AIT Spearheads 2nd Phase of Major EU Cybersecurity Research Effort

Researchers from Athlone Institute of Technology have launched the second phase of a multi-million-euro cybersecurity research project called PROTECTIVE aimed at combatting the growth of cybercrime through special detection and monitoring systems. PROTECTIVE, an EU-funded H2020 project, is a €4.16 million cybersecurity safety net designed in partnership with several commercial and academic partners, including the […]

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Long Winter and Summer Drought to Impact Farm Incomes in 2018

  Long Winter and Summer Drought to Impact Farm Incomes in 2018

A new report, produced by Teagasc economists, highlights the likely impact on the bottom line for Irish farming resulting from this year’s peculiar weather conditions.
As part of their mid-year Outlook, Teagasc economists outlined how Irish grassland and tillage farmers have faced highly unusual weather through the first half of 2018. A long winter was followed […]

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Carbery Takes Home 13 Awards at 2018 International Cheese Awards

  Carbery Takes Home 13 Awards at 2018 International Cheese Awards

Carbery Group achieved great success at the world renowned International Cheese Awards which took place recently in Nantwich, near Manchester. Taking home 13 awards in total, Carbery once again had a very successful year at the annual cheese awards.
Carbery secured the following awards at the event:

3 Gold Awards for Dubliner Lighter White, Carbery Lactose and Dublin […]

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Irish Hotel Sector Occupancy Levels at All-time High

  Irish Hotel Sector Occupancy Levels at All-time High

The Crowe Ireland Hotel Survey, compiled from an analysis of Irish hotels’ 2017 accounts, shows a seventh consecutive year of growth in turnover with record profit levels, room occupancy levels and average room rates recorded across all regions.
Hotel room rates have increased in all regions, up 6.9% on average rates achieved in 2017 when compared […]

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Total Produce Completes $300 Million Dole Investment

  Total Produce Completes $300 Million Dole Investment

Dublin-based Total Produce, Europe’s leading fresh produce company, has completed the acquisition of a 45% equity stake in Dole Food Company for a cash consideration of $300 million, following approval of the deal by the European Commission.
Dole is a US company whose EEA operations are headquartered in Germany. It produces, markets and distributes fresh fruit […]

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DataStax Opens Office in Cork and Announces 30 New Jobs

  DataStax Opens Office in Cork and Announces 30 New Jobs

DataStax, powering the Right-Now Enterprise with the always-on, distributed cloud database built on Apache Cassandra™, has announced the opening of a new office in Cork, and expects to create 30 jobs over the next 3 years with 10 of the roles being filled immediately in Finance and IT.
In this data-driven world, DataStax provides the data […]

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Economy Growing at Robust Pace But Risk of Overheating

  Economy Growing at Robust Pace But Risk of Overheating

The Central Bank of Ireland has published its third Quarterly Bulletin of 2018. The Bulletin examines recent trends in the domestic economy and provides the Central Bank’s forecasts for the Irish economy and its views on domestic macro-economic policy issues.The Bulletin reports:

Domestic demand to provide the main stimulus to growth, with underlying domestic demand expected […]

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London-based Financial Services and IT Consultancy Chooses Belfast For New Development Centre

  London-based Financial Services and IT Consultancy Chooses Belfast For New Development Centre

McGinnis Consulting will be opening a new development centre in Belfast with the creation of 10 new jobs. McGinnis Consulting, based in London and founded by Marius and Anne-Marie McGinnis, provides financial services and information technology consultancy to Tier 1 banks across Europe. Focusing on Credit, Market and Regulatory risk business areas within the financial […]

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Hot Weather Proves Thirsty Work as Drink Sales Boom

  Hot Weather Proves Thirsty Work as Drink Sales Boom

The latest Irish grocery market share figures from Kantar Worldpanel, for the 12 weeks ending 15 July 2018, show sales soaring by 3.1% in the midst of the recent summer heatwave.  Two of the big winners have been bottled water and lager, which have seen take home sales growth of 27.3% and 11.6% respectively, buoyed […]

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Next Generation Data Centre Education Programs Released

  Next Generation Data Centre Education Programs Released

CNet Training, the global leader in technical education for the data centre and network infrastructure sectors, has released new industry approved technical education programs for data centre professionals.
The new and upgraded high level programs utilise advanced teaching methods that allow the classroom learning to be undertaken in five days. This new format has been applied to […]

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Crust & Crumb to Build New State-of-the-art Factory in Cavan

  Crust & Crumb to Build New State-of-the-art Factory in Cavan

Crust & Crumb, the manufacturers of chilled pizzas, pizza bases and flat breads, has announced plans to build a new, state-of-the-art factory in Ballyconnell, County Cavan. A total of €5 million will be invested in this new facility, which is supported by the Government of Ireland through Enterprise Ireland.
The development of the company into its new […]

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Over One Quarter of Irish Businesses Have Experienced Unscheduled Energy Failures

  Over One Quarter of Irish Businesses Have Experienced Unscheduled Energy Failures

More than one in four Irish businesses (27%) have experienced unscheduled energy failures, with 23% of these reporting that they cost the business upwards of €10,000. This is according to new research conducted by RED C on behalf of Bord Gáis Energy to mark the launch of Centrica Business Solutions in Ireland. Centrica Business Solutions […]

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Historic Milestone For Pearse Lyons Distillery With Release of 5-year-old Single Malt Irish Whiskey

  Historic Milestone For Pearse Lyons Distillery With Release of 5-year-old Single Malt Irish Whiskey

The Pearse Lyons Distillery is celebrating the general release of the exclusive Pearse 5-Year-Old Single Malt Irish Whiskey. The single malt carries the first new five-year age statement to appear on an Irish whiskey in more than 25 years. The limited release whiskey was produced on two small-batch copper pot stills, and aged in bourbon casks. Presented in 4,000 individually […]

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Skillnet Ireland Announces €2 Million Training Fund to Help Close the Widening Skills Gap

  Skillnet Ireland Announces €2 Million Training Fund to Help Close the Widening Skills Gap

Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning in Ireland has announced up to €2 million worth of funding will be made available to industry bodies and enterprise groups to develop new Skillnet Networks. The new enterprise-led learning networks will be launched in 2019 and will support Irish businesses […]

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