MSD, known as Merck in the US and Canada, has announced that it will construct a second manufacturing facility at its existing site in Carlow with the creation of 170 new jobs. The new facility will focus on the production of vaccines and biologics and is scheduled to commence manufacturing operations in 2023. The build will include an […]
Investment
Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan for four capital developments across the campus.
This will include the flagship E3-Engineering, Environment and Emerging Technologies initiative at Trinity. Central to the vision of E3 […]
Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets […]
Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road Industrial Estate. The advanced engineering firm has invested almost £1 million in the construction project, to expand its production capabilities and meet the growing demands of its customers.
CM Precision Components produces precision machined components for […]
IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million.
Arkphire provides […]
The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been invested in R&D in 2018. The data in The Research and Development Budget 2017-2018 publication is compiled from a comprehensive survey of thirty Government Departments […]
Glanbia, the global nutrition group, has agreed to acquire SlimFast and other brands for $350 million from the owners KSF Holdings LLP and HNS Intermediate Corporation. SlimFast is a leading weight management and health & wellness brand family distributed primarily in the food, drug, mass and club (FDMC) channel in the US and UK. It […]
Colt Technology Services has announced that it will extend its Colt IQ Network in the greater Dublin area with an additional 150km of 100Gbps fibre, as part of a planned €15 million investment in Dublin over the next two years. The move is in anticipation of greater demand for digital infrastructure from multinational customers with presence […]
The Government has announced an increase in funding in Budget 2019 totalling €950.2m (+9.1%) for the Department of Business, Enterprise and Innovation. This allocation is €79.2m above the 2018 allocation of €871m for the Department and includes a record Capital budget increase of €65m (+11.7%) on the existing ceiling of €555m and an additional €14.2m (+4.5%) in Current funding.
Minister for Business, Enterprise and Innovation Heather Humphreys […]
Schrader Electronics is investing over £14 million in Northern Ireland towards researching and developing products that address the increasingly complex engineering requirements of the automotive sector. Part of Sensata Group, Schrader specialises in manufacturing direct tyre pressure monitoring systems, a critical safety mechanism to warn motorists when a tyre is significantly underinflated.
Invest Northern Ireland has offered […]
Growth Loan Fund II, a £30 million fund to support SMEs in Northern Ireland with growth potential, has been launched by Invest Northern Ireland. The Fund is a successor to the Growth Loan Fund set up in 2012 which committed £55 million to more than 100 businesses.
Finance for the Growth Loan Fund II is being […]
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 InterTrade Ireland, has announces that its MedTech Syndicate has led a €1.1 million Series A funding round in medical device start-up, Ostoform. HBAN Angels contributed €280,000, with venture capital investor, SOSV, Enterprise […]
HealthKit, the global cloud-based healthcare management platform, has opened its EMEA office in Cork. HealthKit has grown to over 28,000 health practitioners across 75 different professions in 50 countries and is on track to realising 40,000 practitioners by year’s end.
Its new EMEA office will create 10 new high-level jobs in Cork over the next nine […]
Clayton Hotel Ballsbridge has unveiled the final elements of a major refurbishment that sees the hotel provide an enhanced offering for guests. The hotel, which is owned and operated by Dalata Hotel Group and is already one of the Dublin’s leading hotels, took approximately 7 months and a €9 million refurbishment to complete. The renovation […]
Kerry Group, the global taste and nutrition company, has opened its first plant in Russia, in the Istra district of Moscow. The new production and warehouse complex occupies a site covering more than 7,000 square meters and employs over 50 people. Production begins immediately with ingredients for the meat processing and snacks market. At full […]
Belfast-based 3DEO NI is creating 33 highly skilled technology jobs over the next four years as it prepares to commercialise unique space technology applications. 3DEO NI combines technologies from immersive 3D, financial services and earth observation to present and interact with data in a new way.
The company’s solutions are based on earth observation data and have […]
STATSports is planning to create 237 new jobs over the next three years as part of aggressive growth plans to build on its global success. As well as job creation, the Newry-headquartered business is making a multi-million pound investment in R&D and staff training supported by Invest Northern Ireland.
STATSports is the world-leading provider of wearable […]
McKeever Hotel Group, one of Northern Ireland’s largest family hotel groups, is undertaking a multi-million pound investment designed to revitalise the Dunadry Hotel to a four star, luxury business and leisure venue. The acquisition of the Dunadry Hotel last year was the 5th property to be added to the McKeever Hotel Group portfolio which, also purchased […]
Alchemy Technology Services has announced it is setting up a European Centre of Excellence in Londonderry. It will provide software implementation and technology consultancy to the UK and European insurance sector.
The company will provide certified staff to System Integrators, Software Providers and insurance companies for the implementation of digital solutions across the insurance industry. To […]
PA Consulting, a global innovation and transformation consultancy with over 2,600 specialists worldwide, is continuing to expand and enhance its digital expertise with the creation of 400 jobs in Belfast over the next five years.
Speaking about this major investment, Anita Chandraker, Global Head of Innovation Services and a member of the PA Consulting Board, said: “To […]
Slane Distillery, the recently-opened whiskey distillery located on the historic grounds of Slane Castle in the Boyne Valley, has celebrated a major milestone when it filled its first barrel. The inaugural cask contains new make malt whiskey using barley harvested on the Slane Castle Estate filled into a sherry hogshead.
Brown-Forman, a leader in whiskey since […]
Maxol, Ireland’s leading family owned forecourt and convenience retailer, continues its successful partnership with the award-winning food franchise Freshly Chopped, at the newly refurbished service station at Skehard Road, making it the ninth store within the Maxol network. The refurbishment of the service station follows an investment of €400,000 and the creation of nine new jobs […]
Impacted by severe and prolonged winter weather conditions early in the year, CRH plc has reported sales of €11.9 billion for the first half of 2018 – ahead by 1% on the same period last year and up 2% on a like-for-like basis. In Europe, like-for-like sales growth of 1% reflected continued recovery in some […]
As a key component of its Engage 2022 strategic growth plan, Aurivo, the agri business headquartered in the north-west of Ireland, has announced a €48 million investment plan for the next five years. The expansion programme incorporates a range of projects across its dairy ingredients, consumer foods and agri businesses and will grow employment across […]
European law firm Fieldfisher is expanding into Northern Ireland creating 125 new legal and business support jobs. The new office will add to the firm’s international office network with services including Document Negotiation and Legal Support teams.
Fieldfisher is another well-known law firm choosing Northern Ireland to grow its business. It is the current holder of Law […]
Valeo Foods Group, the acquisitive Irish and international food business, is reported to have purchased Tangerine Confectionery of the UK for £100 million (€112 million) from Blackstone Group. The deal adds popular UK confectionery brands such as Dip Dab, Fruit Salad and Blackjack to Valeo Foods Group’s growing portfolio, and will increase annual turnover to […]
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 […]
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 […]
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 […]
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 […]
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 […]
A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major Cost Rental development. It is expected that the detailed proposal for the site will be brought before the Council in September for approval.
It is envisaged that delivery will be overseen by a dedicated project team […]
The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017 – a 45% increase from the previous year. This is according to OC&C Strategy Consultants’ annual Global 50 report which, in collaboration with the Grocer, examines the financial performance of the world’s largest consumer goods […]
Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in […]
A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from Trinity College Dublin is modelled on innovation districts in cities such as Boston, Toronto, Rotterdam and Barcelona. It will significantly strengthen Ireland’s competitive advantage when developing new indigenous companies or competing for foreign direct 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, was crowned Globally Networked Organisation 2018 at the recent EBAN (European Business Angel Network) Awards Ceremony held in Sofia, Bulgaria.
HBAN was awarded the prominent European accolade in recognition of the significant […]
BD, a leading global medical technology company, is to create 85 new jobs for the Limerick region. The announcement was made as Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection Pat Breen TD, officially opened BD’s Research Centre Ireland (RCI) in Limerick’s National Technology Park. The €21 million investment in BD’s […]
Neueda Technologies, a privately-owned IT Training, development and consulting services company headquartered in Belfast, is establishing a Software Engineering Hub in Athlone, Co. Westmeath, employing 200 staff over four years. The project is supported by the Irish Government through IDA Ireland.
The company will undertake software development services for global telecommunications and financial services clients at […]
Irish-international fintech company, Fexco has announced a significant expansion of its operations headquartered in Killorglin, Co Kerry creating 175 new jobs over 3 years. The jobs form part of Fexco’s expansion strategy reinforcing the South West’s position as the driving force of Ireland’s fintech industry.
The announcement was made in Killorglin by Julie Sinnamon, CEO of […]
Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice
Crucial future investment to improve Ireland’s competitiveness will be strengthened by assessment of international best-practice in two key policy areas. EIB (European Investment Bank) advisory experts will identify ways to ensure more effective funding to support research and innovation in Ireland and to accelerate digitalisation by Irish small businesses.
The two new advisory programmes have been […]
Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform; and Lord Mayor of Dublin, Nial Ring have turned the sod for the development of the first phase in the Regeneration of O’Devaney Gardens in Dublin. The first phase will deliver 56 social homes with […]
Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, has published a consultation document for Ireland’s Space Strategy for Enterprise. The consultation document seeks input from stakeholders on issues to be considered in the development of Ireland’s Space Strategy for Enterprise. The strategy will set out how Ireland will maximise on […]
Paradyn, Ireland’s only end-to-end IT and communications service provider, plans to double its workforce from 40 to 80 employees by 2020, with positions in both its Dublin and Cork offices. The new jobs are being created as part of a €4 million investment that will fund company growth and acquisitions.
Paradyn is the newly created company […]
The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container Terminal development in Ringaskiddy. The Cork Container Terminal will initially offer a 360 metre quay with 13 metre depth alongside and will enable larger ships to berth in Ringaskiddy. The development also includes the construction […]
College Group is to invest €10 million in building a new renewable energy facility producing biofuel from used cooking oil and animal fats in north County Meath. The investment is supported by the Irish government through Enterprise Ireland. The new 25 million litre purpose-built plant will be set on a 47.5 acre site and will […]
Zeus, the Irish-owned global packaging solutions company, has announced a €27 million investment in new premises in Dublin and the UK. The investment will also lead to the creation of 80 jobs.
An investment of €15 million will see Zeus’ Dublin presence double in size to 250,000 sq ft, with the creation of 50 new jobs. Zeus […]
An Taoiseach Leo Varadkar, TD (pictured above left), has officially opened AllinAll Ingredient’s new state-of-the-art manufacturing and Research and Development facility in Rosemount, Dublin. The company, which has been in the food industry for over 20 years, develops and manufactures ingredients, sauces and blends for the processed food market. Its R&D lead team have developed […]
McArdle Skeath, one of Ireland’s leading supply chain management providers, has opened its new 12,500 sq m temperature controlled storage facility in Hollystown, Dublin 15. The supply chain facility represents a €20 million investment by McArdle Skeath and is strategically positioned to service the nutritional and bio-tech sectors. The company, 50 years in business this […]
IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2018. IDA expects that investments approved in the first half will lead to the creation of over 11,300 jobs as companies roll out their plans over the coming months and years. This compares with 11,000 over the […]
For the next long-term EU budget 2021-2027, the European Commission is proposing €100 billion for research and innovation. A new programme – Horizon Europe – will build on the achievements and success of the previous research and innovation programme (Horizon 2020) and keep the EU at the forefront of global research and innovation.
Commission Vice-President Jyrki Katainen, […]
ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt from a consortium of banks including the European Investment Bank (EIB), who are providing 50 per cent of the funding, as well as MUFG Bank, […]
Belfast-based Clinical Research firm, Fusion Antibodies has announced plans to create 28 new jobs. This recruitment drive, supported by Invest Northern Ireland, will help Fusion deliver its services to its growing international customer base.
The company’s antibody engineering technology assists in the development of novel biological molecules that are used as innovative drugs for human diseases including cancer, […]
Foods Connected is making a £1.7 million investment and creating 20 new jobs to help it increase its export sales and keep up with the growing demand for its services. The Londonderry-based software firm provides a range of cloud-based software tools to help companies in the food industry manage processes and information across Supplier Approval, Quality […]
AIG has extended its partnerships with Dublin GAA, Dublin LFGA and Dublin Camogie for a further five years. The announcement was made at Beann Eadair GAA Club in Howth, where juvenile members of the local club joined representatives from Dublin’s four inter-county senior teams. The current deal, which was agreed in November 2013, expires this […]
By 2040 the population of the Republic of Ireland will have reached 6 million, according to Eoghan Murphy TD, the Minister for Housing, Planning and Local Government. He added: “Where are these people going to live and how will they live?”
The Minister was the opening speaker at the 2018 National Construction Summit, which was held […]
Esri Ireland, the market leader in geographic information services, has invested €1.6 million to expand its operations and cater to increasing customer demand. This investment has funded the upgrade of Esri Ireland’s Dublin headquarters, the lease of new office space in Northern Ireland, increased headcount and enhancement of the company’s technologies and platforms.
Esri’s software solutions […]
Belfast-based software firm Fluent Technology is creating 18 new jobs to help grow sales in Great Britain and Europe. The indigenous software company specialises in grant management software (GMS) for private and public sector clients across the UK and Ireland.
Welcoming the investment, Brian Dolaghan, Invest Northern Ireland’s Director of Technology & Services, said: “Fluent Technology is nearly […]
University of Limerick (UL) recently unveiled a unique €2 million underwater robot at the docks in Limerick city. The Remotely Operated Vehicle (ROV) was officially launched by Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen TD.
The Science Foundation Ireland (SFI) funded ROV Étaín can operate in challenging […]
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