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Government Expands Broadband Network by 170,000

The Government plans to expand their €1bn rural broadband network to 170,000 homes and businesses.

This broadband service is expected to cover over 900,000 locations and serve about half of the Irish population. This service will provide speeds of 30mbs to users throughout the country.

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iDirect Establishes Engineering and Innovation Center in Ireland

Satellite ground infrastructure provider will tap into technology-rich Killarney region to create more than 30 specialized engineering jobs over the course of 5 years.

Herndon, Va. July 5 – VT iDirect, Inc. (iDirect), a world leader in satellite-based IP communications technology and a company of Vision Technologies Systems, Inc. (VT Systems), today announced it will establish an Engineering and Innovation Centre in Killarney, Ireland. The facility will help to create new engineering jobs in a technology-rich region of the world. iDirect is a world leader in satellite-based IP communications technology.

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Pfizer Submits Plans to Expand Facilitys

This week, the US owned pharmaceutical organization Pfizer plans to submit new plans to expand their Grange Castle plant, which will lead to new jobs at their west Dublin site. The facility is one of the largest biotechnology plants in the world. It produces drugs such as Enbrel, an arthritis blockbuster, and Prevenar, which is a vaccine that prevents pneumococcal infections in children.

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June PMI Shows Growth in Service Sector

According to Investec’s latest Purchasing Managers’ Index, the service sector is experiencing growth. It showed that this sector has been increasing in activity for the past 47 months.

While the service sector is expanding, the travel and leisure sector fell. New businesses rose significantly in the past month as well.

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DiaNia Technologies creating 20 jobs in Galway after €2m funding

DiaNia Technologies, an innovative materials technology company based in Galway, has secured €2 million in seed-funding to utilise materials science to facilitate the development of disruptive catheter based medical devices.

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Hershey rejects $23 billion takeover offer from Mondelez

Hershey has rejected a $23 billion takeover bid by Mondelez International that would seek to expand the latter’s limited US footprint and create the world’s largest confectioner. The snub underscores

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Manufacturing growth at 3 month high

Ireland’s manufacturing sector recovered to a three-month high last month, according a survey concluded the day before the Brexit vote. The Brexit decision is expected to hurt the Irish economy. The

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Survey Shows Growth in Manufacturing

According to a recent survey, Ireland’s manufacturing sector is experiencing recovery in the last month.

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