Environmental services and plastics operator One51 surprised the market last night when it cancelled a planned IPO due to pressure from shareholders. The Dublin-headquartered company has proposed adjourning indefinitely an
Company News
Shire plc (LSE: SHP, NASDAQ: SHPG) announces that it plans to expand its global biotechnology manufacturing capacity over the next four years by investing US$400 million in Ireland to meet
A potential takeover by Sunny Hill a company owned by Petroceltic’s biggest shareholder Worldview has come to a close after the timing for acceptance on the £6.4m bid lapsed. Last month, Petroceltic
Glanbia has been accused of paying below the market rate for milk from its suppliers after it cut base milk prices to 22 cent a litre. The lowest price it
Iput has secured a €150m credit facility from Wells Fargo a US lender to help finance its various development projects and also to maintain its dividend policy for investors. This emerges
VMware is adding 40 jobs at its campus in Ballincollig Co. Cork. adding to its workforce of 800 people. The news marks continued expansion for the Cork site which is already the
The Sustainable Energy Authority of Ireland’s (SEAI) annual two-day business-to-business event, The Energy Show 2016, was a huge success with visitors up a quarter on last year. The show took
123.ie, the Irish insurance company owned by the RSA, confirmed that around 8,000 motor policy customers had paid more than they should have for their insurance cover due to a technical error relating
The world’s biggest food company, Nestle has confirmed its full-year outlook after first-quarter underlying sales growth of 3.9% beating analysts’ estimates, driven mostly by growth in volumes rather than pricing. Nestle’s first-quarter growth
Drinks giant C&C has been urged to find a buyer for its Shepton Mallet mill in Somerset after its announcement that it is to close the mill in the summer. The closure
Slack is to create 80 jobs in Dublin over the next two years, bringing its workforce to 180 employed in Dublin. The company is set to move to a bigger office in the
Supermarket giant, Tesco’s has reported a bottom-line pre-tax profit of £162m for the three-month period to the end of February, the first quarter of sales growth since 2012. This compares to losses of
Euro General has reported a €1 million pre-tax loss last year. Expansion costs and a €1.25m write-off in a subsidiary resulted in discount retailer, Euro General going into the red last
US aluminium giant Alcoa posted mixed quarterly results Monday, as commodities prices dragged on sales ahead of a planned company split. Alcoa also announced that it will be cutting as many as
Leading international manufacturer of components and systems for optical and electrical connectivity, HUBER+SUHNER, today announced the launch of IANOS®: a new, class-leading, future-proofed fiber management system, at Data Centre World
Microsoft has become the first United States tech giant to sign up for the EU-US Privacy Shield. The company has decided that it will transfer users’ information to the United States
DZ Bank Ireland, has become the latest former IFSC bank to hand back its Branch in Dublin. The bank, which in recent years was particularly active in the securities and asset-backed
KORE, based in Kilnaleck, Co. Cavan, is the first company in Ireland to obtain integrated ISO certification for both the ISO 9001:2015 and ISO 14001:2015 standards from the NSAI (National
Grifols, has acquired a 49 per cent stake in the US-based Interstate Blood Bank for $100 million. The Spanish healthcare company recently moved its corporate treasury activities from Barcelona to Dublin. The
Intercom has closed a new funding round of $50m and will create 100 new jobs for Dublin after raising. The massive investment comes from top-tier Silicon Valley investors, including Slack CEO
CXC Corporate Services, a CXC Global Company and the Global Leader in multi country compliant Contingent Workforce Solutions has today announced the opening of its new service centre in Dublin.
Bizimply, the Irish technology firm has completed a €2 million funding round to support its recent growth plans to double its workforce. The funding led by Dublin and London-based private equity fund Causeway Capital alongside
A competition announced today (05.04.16) is offering entrepreneurs the chance to win a share of a prize fund of €70,000,
Dr. John C. Lechleiter, chairman, president, and CEO, Eli Lilly and Company, announced today that the company is set to
Shares in Allergan, one of Ireland’s largest pharmaceutical firms have plummeted due to a crackdown on tax inversions. Allergan, which is run
Horizon Life Sciences Group, solutions provider to the life sciences sector globally, is pleased to announce the appointment to the
HubSpot the Massachusetts-based marketing software company has announced plans to create 320 jobs in Dublin over the next three years. The
Highline Produce has been acquired by Fyffes for $145 million. Fyffes has acquired 100% of the equity and will refinance the existing debt
Building on a highly successful sailing season in 2015, Brittany Ferries has reported a 19% increase in the number of
Ward Solutions, Ireland’s leading information security provider, today announces the launch of its new ISO 27001 consultancy service. It is
Ranbaxy pharmaceutical is to close its plant in Cashel, Co Tipperary with the loss of 100 jobs. The plant which
Global Technology Fund Atlantic Bridge has launched a €140 million fund aimed at European technology companies with potential global market scalability. The Dublin-based company plans
InfinityQS International, Inc., the global authority on real-time quality and Enterprise Manufacturing Intelligence, announces that its president and CEO, Michael
I Squared, Viridian’s new owner may use the Irish company to buy similar businesses in England. I Squared partner Gautam
Boeing the world’s largest plane manufacturer has announced that it will cut 4,500 jobs by the middle of 2017 to reduce
Model mum and wellbeing expert, Alison Canavan, and her son James officially opened Specsavers’ 50th Irish store in Ashleaf Shopping
At Pharmintech, MG Compact will be the standard bearer of MG2 continuous motion capsule fillers dedicated to production. Featuring a
Unite and SIPTU members working at Cadbury in Dublin have voted to accept proposals from the Workplace Relations Commission by a
Dublin-headquartered paper packaging group Smurfit Kappa has said today that it is hoping to transfer its primary listing in London
Northern Ireland manufacturing firm CDE will create 110 new jobs in Cookstown, Co. Tyrone in a £6.8 million investment. Invest Northern Ireland
Swiss bank Credit Suisse has announced that it will cut 2,000 jobs at its global markets business. The latest cuts
AstraZeneca Plc has said today that its blood-thinning drug Brilinta failed to help stroke patients as hoped in a major
Smart Metering Systems plc (AIM: SMS.L), the integrated metering services company that connects, owns, operates and maintains current generation and
The National Institute for Bioprocessing Research and Training (NIBRT) are delighted to announce the appointment of Professor Michael Butler as
Dalatex has reported a 55% rise in profit after tax on the back of strong growth in the company’s revenue.
Actavo, a leading international engineering solutions company headquartered in Dublin, has announced that it has acquired a key division of
Dalata has said today that it has completed it’s acquisition of the Clarion hotel in Sligo. The group announced plans
Avoca an Irish family-run business that spans one of the world’s oldest surviving manufacturing companies will create 80 new jobs
Hilliard Lombard, the former head of Aryzta’s European and Asian business has been appointed as managing director of Valeo’s Irish
Carlsberg has decided to remain in Russia despite the problems it faces there. The Danish brewer has also vowed to improve
Aryzta CEO Owen Killian, has sold shares in Aryzta worth over €15m between Monday and yesterday. But the CEO of
Ornua has opened a €20m Cheese Manufacturing Facility in the Saudi Arabian capital of Riyadh. New technology developed by Ornua
Salesforce, the Customer Success Platform and world’s #1 CRM company, today delivered Field Service Lightning, a new field service solution
Tucana Health Ltd, a spin-out from the APC in University College Cork, is to build a new research team in
US tech firm Ipswitch is to create 60 jobs in the next five years in Co.Galway. Ipswitch which develops IT Monitoring
ESB has seen its profits rise by 33% in 2015 to €286m, from €71m a year earlier. The company said the increase came
Facebook is to grow its Dublin workforce by expanding the number of people it employs in Dublin by 200. The new jobs will
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