Industry & Business

Economy

European Commission Calls For More Industry-led Training Infrastructures, Similar to Skillnet Ireland

    European Commission Calls For More Industry-led Training Infrastructures, Similar to Skillnet Ireland

The European Commission’s Skills for Smart Industrial Specialisation and Digital Transformation report has featured Skillnet Ireland as an example of best practice. Skillnet Ireland was identified as one of two National Authorities throughout the

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Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism

    Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as

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A Comprehensive EU-UK Free Trade Agreement Could Reduce Brexit Harm to the Irish Economy by Half

    A Comprehensive EU-UK Free Trade Agreement Could Reduce Brexit Harm to the Irish Economy by Half

The Government has published a study, commissioned by the Department of Business, Enterprise and Innovation, which examines the economic impact on Ireland of a potential EU-UK Free Trade Agreement. The

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Industrial Revolutionary to Speak at the 2020 National Manufacturing & Supply Chain Conference & Exhibition, Citywest Exhibition Centre, Dublin – 29-30th January

    Industrial Revolutionary to Speak at the 2020 National Manufacturing & Supply Chain Conference & Exhibition, Citywest Exhibition Centre, Dublin – 29-30th January

Credited with being the originator of the ‘Fourth Industrial Revolution’ (Industry 4.0) and named by the Financial Times as one of the leading authorities on strategy and competitiveness, Henrik von

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Over €40 Million For 26 Projects to Drive Job Creation in the Regions

    Over €40 Million For 26 Projects to Drive Job Creation in the Regions

The Government has announced the results of the third call of the Regional Enterprise Development Fund (REDF), an open national competitive call to support regional projects that drive sustainable job

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Record Number Now Employed by Enterprise Ireland Supported Companies

    Record Number Now Employed by Enterprise Ireland Supported Companies

The Government has reported the creation of 16,971 new jobs by Enterprise Ireland supported companies in 2019. 221,895 people are now employed in companies supported by the agency. This is

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€28 Million Economic Stimulus Package For the Border Region

    €28 Million Economic Stimulus Package For the Border Region

The Government has announced details of a special €28 million economic stimulus package for the Border region. The package, which applies to counties Donegal, Sligo, Leitrim, Cavan, Monaghan and Louth,

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Driving Productivity Key to Competitiveness and Sustainable Growth

    Driving Productivity Key to Competitiveness and Sustainable Growth

The NCC (National Competitiveness Council) has launched Ireland’s Competitiveness Challenge 2019 report. Building on the Council’s previous reports, the Competitiveness Challenge 2019 notes that while Ireland is a competitive economy, there is still room

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National Manufacturing & Supply Chain Conference & Exhibition 2020 and Awards – 29-30th January, Citywest Hotel & Exhibition Centre, Dublin

    National Manufacturing & Supply Chain Conference & Exhibition 2020 and Awards – 29-30th January, Citywest Hotel & Exhibition Centre, Dublin

Having set new records in terms of its scale and visitor numbers last year, the 2020 National Manufacturing and Supply Chain Conference & Exhibition has been extended to a two-day

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5-year Plan to Future-proof the Manufacturing Sector

    5-year Plan to Future-proof the Manufacturing Sector

The Government recently launched Ireland’s Industry 4.0 Strategy at the Irish Manufacturing Research Centre in Mullingar to help firms respond to the transformation of the manufacturing sector being driven by

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Planning Application Submitted For Waterford North Quays Development

    Planning Application Submitted For Waterford North Quays Development

Falcon Real Estate Development Ireland has submitted its application for Planning Permission to Waterford City & County Council for the Waterford North Quays development. Subject to the granting of planning permission,

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New Brexit Business Survey – SMEs Urged to Ramp Up Preparations

    New Brexit Business Survey – SMEs Urged to Ramp Up Preparations

The Department for Business, Enterprise and Innovation has published the findings of a new Brexit survey. The Behaviour & Attitudes survey of 1,016 SMEs was conducted between September and October

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New €10 Million Investment in Moorepark Technology

    New €10 Million Investment in Moorepark Technology

A new €10 million investment in Moorepark Technology Limited (MTL) has been officially opened in Fermoy, County Cork. The €10 million investment in the new Moorepark Technology Limited Pilot Plant

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Economic Growth Set to Continue in 2020 But at a Reduced Rate

    Economic Growth Set to Continue in 2020 But at a Reduced Rate

The Irish economy looks set to register strong growth again in 2019 with GDP likely to increase by almost 6 per cent in the current year, according to ESRI (Economic

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The European Green Deal Aims to Make Europe Climate-neutral by 2050

    The European Green Deal Aims to Make Europe Climate-neutral by 2050

The European Commission has presented The European Green Deal – a roadmap for making the EU’s economy sustainable by turning climate and environmental challenges into opportunities across all policy areas and making the transition

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British Irish Chamber of Commerce Reacts to Outcome of UK General Election

    British Irish Chamber of Commerce Reacts to Outcome of UK General Election

The British Irish Chamber of Commerce has congratulated UK Prime Minister, Boris Johnson on his election win and urged elected MPs to work together in defining the UK’s future relationship

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Government Investment in Research & Development Amounted to €808.1 Million in 2019

    Government Investment in Research & Development Amounted to €808.1 Million in 2019

Government spend on R&D was €765.7 million in 2018 which marks an increase of 3.6% in expenditure over the previous year. It is estimated to increase in 2019 by a

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€65 Million For 16 Ground-breaking Projects Under Disruptive Technologies Innovation Fund

    €65 Million For 16 Ground-breaking Projects Under Disruptive Technologies Innovation Fund

The Government has announced that 16 innovative projects have been successful under the second round of the Disruptive Technologies Innovation Fund administered by Enterprise Ireland. The projects will share €65

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McDonald’s Contributes €196 Million to the Irish Economy

    McDonald’s Contributes €196 Million to the Irish Economy

McDonald’s has launched an economic impact report, ‘McDonald’s in Ireland’, highlighting the significant economic contribution of the company in Ireland. The independent report* looks at the impact McDonald’s has on

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EIB Backs €35 Million Social and Climate Investment Across Cork County

    EIB Backs €35 Million Social and Climate Investment Across Cork County

The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social Sustainability Investment Programme. This represents the first element of an

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British Irish Chamber of Commerce Appoints New President

    British Irish Chamber of Commerce Appoints New President

The British Irish Chamber of Commerce has appointed Peter O’Shea, Head of Corporate and Regulatory Affairs at ESB, as its new President. Peter O’Shea (pictured) has been involved with the

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Enterprise Ireland Increases Eurozone Presence With New Offices in Munich and Lyon

    Enterprise Ireland Increases Eurozone Presence With New Offices in Munich and Lyon

Enterprise Ireland is expanding its footprint in the Eurozone with two new office openings in Munich, Germany, and Lyon, France. The opening of these new offices and additional personnel and

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EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

    EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also finds that investment in climate change mitigation is lower than

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€21.6 Million Boost For ‘Functional Food’ Technology Centre

    €21.6 Million Boost For ‘Functional Food’ Technology Centre

The Government has announced Enterprise Ireland funding of €7.2 million, over five years, for Food for Health Ireland, a Technology

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Brexit and Slowing Global Economy are Key Challenges For Dublin’s Growth

    Brexit and Slowing Global Economy are Key Challenges For Dublin’s Growth

Brexit continues to cast a shadow of uncertainty over the Dublin economy while slowing global growth and increased global trade

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ESB and Equinor to Deliver Potential Offshore Wind Projects

    ESB and Equinor to Deliver Potential Offshore Wind Projects

ESB has entered into a partnership with Equinor, a Norwegian-based energy company. The partnership will work to identify suitable sites

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European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan

    European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan

The European Commission has approved, under EU State aid rules, €2.6 billion of public support for the Irish National Broadband

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The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto

    The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto

Obesity “represents the greatest single threat to the health and wellbeing of children in Ireland today and drastic action is

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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell

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IPRA Forecourt & Retail News Reports on Future Oil Pricing

The latest issue of the IPRA Forecourt & Retail News magazine is now available and its publication is extremely timely

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Dramatic Changes For First-time House Buyers Not a Good Trend

    Dramatic Changes For First-time House Buyers Not a Good Trend

The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs),

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Major OECD SME and Entrepreneurship Policy Review

    Major OECD SME and Entrepreneurship Policy Review

The Government has launched an OECD Review of SME and Entrepreneurship Policy in Ireland and an accompanying roadmap with priority

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Europe’s Circular Economy Still in its Infancy

    Europe’s Circular Economy Still in its Infancy

Circular material use can minimise waste and resource extraction, improve resource efficiency, reduce greenhouse gas emissions, and contribute to conserving

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Kevin Holland Appointed Chief Executive of Invest Northern Ireland

    Kevin Holland Appointed Chief Executive of Invest Northern Ireland

Invest Northern Ireland has announced the appointment of Kevin Holland (pictured) as Chief Executive to replace Alastair Hamilton who is

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Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

    Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

The continuation of the Help-to-Buy Scheme in the 2020 Budget has been welcomed by Property Industry Ireland, Brokers Ireland, EY

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Irish Spirits Exports Increase by 10%

    Irish Spirits Exports Increase by 10%

Irish spirits exports exceeded €1 billion for the first time in 2018. The value of spirits exports from Ireland increased

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Invest NI Opens New London Hub

    Invest NI Opens New London Hub

Invest Northern Ireland has opened a new trade, investment and innovation hub in London city to support Northern Ireland businesses

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Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

    Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

The Irish economy looks set to perform robustly in 2019 with the headline GDP rate forecast to increase by 4.9

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Shortlist For Ireland’s Most Influential Project

    Shortlist For Ireland’s Most Influential Project

The public is being asked to vote for Ireland’s most influential project from the past 50 years from a shortlist

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Over 222,000 Companies Urged to Prepare For Brexit

    Over 222,000 Companies Urged to Prepare For Brexit

The Government has started the process of directly contacting over 220,000 companies through the Companies Registration Office highlighting the need

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Ifac Launches Food & AgriBusiness Report 2019

    Ifac Launches Food & AgriBusiness Report 2019

Ifac, which provides specialist advisory services for the Irish farming, food and agri-business sectors, has launched its 2019 Food & AgriBusiness

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GDP Growth Revised Downwards Based on Gloomier Global Outlook But Labour Market Continues to Beat the Odds

    GDP Growth Revised Downwards Based on Gloomier Global Outlook But Labour Market Continues to Beat the Odds

EY has revised downwards its economic forecast for 2020, from 3.3% to 3.0% on the back of weaker global outlook

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Non-Performing Loans – Still a Long Way to Go and Delays are Costing Borrowers

    Non-Performing Loans – Still a Long Way to Go and Delays are Costing Borrowers

Commenting on the newly published Banking and Payments Federation Ireland (BPFI) paper on Non-Performing Loans, Brokers Ireland said while it is

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The Green Academy – Leave Only Footprints

    The Green Academy – Leave Only Footprints

TDM Consultancy Services can assist with linking technology and the environment using a revolutionary new platform, with the assistance of

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Over 28,000 Vacant Commercial Properties in Ireland

    Over 28,000 Vacant Commercial Properties in Ireland

The national commercial vacancy rate has risen to 13.3% in Q2 2019, an increase of 0.2 percentage points (pp) on

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New Government Initiative to Help Customs Capacity Post-Brexit

    New Government Initiative to Help Customs Capacity Post-Brexit

The Irish Government, in association with key industry partners, has launched a new support measure to help customs agents, intermediaries

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Extend the Strategic Housing Development Scheme – Ibec

    Extend the Strategic Housing Development Scheme – Ibec

Ibec, the group that represents Irish business, has called for the extension of the Strategic Housing Development scheme. Aidan Sweeney, Ibec Senior Public

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Strong Performance in Irish Knowledge Transfer System With New Licences Up 33% in 2018

    Strong Performance in Irish Knowledge Transfer System With New Licences Up 33% in 2018

Knowledge Transfer Ireland (KTI), the State body that works to make it easier for businesses to access publicly-funded research, has

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Irish Hotel Sector at a Turning Point

    Irish Hotel Sector at a Turning Point

Crowe, Ireland’s leading accountancy practice and advisors to the Irish hotel sector, has launched the 24th edition of Ireland’s most comprehensive annual

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Major New SME Policy

    Major New SME Policy

The Government is developing a major new policy on SMEs and entrepreneurship under Future Jobs Ireland, the new plan to prepare

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Completion of €233 Million Center Parcs Longford Forest Project

    Completion of €233 Million Center Parcs Longford Forest Project

An Taoiseach, Leo Varadkar TD, has officially marked the completion of the landmark €233 million forest resort – Center Parcs

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Brexit Preparedness at Food and Drink Firms Jumps to 93%

    Brexit Preparedness at Food and Drink Firms Jumps to 93%

Three years since the UK voted to exit the European Union, Brexit preparedness is widespread amongst Ireland’s food and drinks

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Dynamic Signal Opens Belfast Office, With 100 New Jobs in Local Technology Centre

    Dynamic Signal Opens Belfast Office, With 100 New Jobs in Local Technology Centre

Dynamic Signal, the leading Employee Communication and Engagement Platform, has expanded operations to Belfast and will create a new technology

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Economic Growth Set to Continue in 2020 But at a Reduced Rate

    Economic Growth Set to Continue in 2020 But at a Reduced Rate

Despite operating in the presence of a considerable degree of uncertainty, the Irish economy continues to grow at a robust

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Ireland Improves Performance in European Digitisation Index

    Ireland Improves Performance in European Digitisation Index

The Government has welcomed the news from the European Commission that Ireland has improved its performance in the 2019 EU

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Climate Action Plan Launched

    Climate Action Plan Launched

The Government has published the Climate Action Plan, designed to give Irish people a cleaner, safer and more sustainable future. The

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Have Your Say on Skillnet Ireland Strategy

    Have Your Say on Skillnet Ireland Strategy

Skillnet Ireland is urging employers, employees, industry groups, regional groups, the general public and all interested parties to have their say

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Country’s First Master’s in Blockchain (Distributed Ledger Technologies) Launched

    Country’s First Master’s in Blockchain (Distributed Ledger Technologies) Launched

Ireland’s first ever Master’s in Blockchain (Distributed Ledger Technologies) has been launched. The programme has been developed by Skillnet Ireland’s Technology

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