Industry & Business

Investment

Grant Engineering Officially Opens New €14 Million Expanded Facilities

    Grant Engineering Officially Opens New €14 Million Expanded Facilities

Grant, Ireland’s leading engineering company specialising in the plumbing and heating industry, has officially opened its newly expanded facilities in Birr, County Offaly, representing a capital investment of €14 million.

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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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£8 Million Investment By Armstrong Medical

    £8 Million Investment By Armstrong Medical

Armstrong Medical is investing £8 million in the growth of its manufacturing business including the creation of 24 new jobs. The company currently exports to more than 60 countries and

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MAW Engineering Invests in Antrim Area

    MAW Engineering Invests in Antrim Area

MAW Engineering has invested £2.8 million in a new commercial vehicle venture, including a purpose-built new manufacturing facility and 46 new jobs in Toome, Antrim. The start-up engineering firm specialises

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€300 Million Investment in Irish Solar Energy Sector

    €300 Million Investment in Irish Solar Energy Sector

Obton has announced details of its €300 million investment in the Irish solar energy sector. Obton, a Danish solar photovoltaic (PV) business, and its Irish partner Shannon Energy, will develop

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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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Angoka Chooses Northern Ireland For Headquarters With New Cybersecurity Development Centre

    Angoka Chooses Northern Ireland For Headquarters With New Cybersecurity Development Centre

Cybersecurity start-up, Angoka has made Belfast its HQ location of choice with a new Cybersecurity Development Centre. The company manages cybersecurity risks in connected and autonomous vehicles, smart cities and

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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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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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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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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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€20 Million Investment By JCD Group Boosts Blarney Business Park

    €20 Million Investment By JCD Group Boosts Blarney Business Park

The new owners of Blarney Business Park, JCD Group, have committed to a €10 million investment in the strategically important site, which will see the next two phases delivered in

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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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WuXi Vaccines to Build a $240 Million Manufacturing Facility in Dundlak

    WuXi Vaccines to Build a $240 Million Manufacturing Facility in Dundlak

WuXi Vaccines, a subsidiary of Hong Kong-listed WuXi Biologics, is planning to build a $240 million vaccine production facility on the newly established WuXi Biologics Campus in Dundalk, bringing 200

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90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

    90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

Cosmetic Creations, Ireland’s leading cosmetic formulator and contract manufacturer, has announced that 90 jobs are to be created between its operations in Cork and Mayo, following an investment of €7.5

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HBAN Passes €100 Million Angel Investment Milestone Across Island of Ireland

    HBAN Passes €100 Million Angel Investment Milestone Across Island of Ireland

HBAN, the all-island organisation responsible for the promotion of business angel investment and a joint initiative between Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, is celebrating more than €100 million

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£3 Million Development to Boost Tourism in Castlewellan

    £3 Million Development to Boost Tourism in Castlewellan

County Down retail company, Fresh Food Centres, is investing over £3 million to redevelop a former Castlewellan Guest House into a four-star Licensed Guest Inn. Once built, Hillyard House will

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New €20 Million Dairy Powders Plant Opens in Monaghan

    New €20 Million Dairy Powders Plant Opens in Monaghan

Newbaze Ireland Nutrition Food (trading as Ireliffey) has opened its new dairy formula plant at Carrickmacross in County Monaghan, marking the completion of a two-year building programme with a capital

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First New Nursing Home in €250 Million Healthcare Investment

    First New Nursing Home in €250 Million Healthcare Investment

BlackBee Group has announced that it is about to move to planning on the first new nursing home under its new €250 million healthcare investment fund. The site, at Glanmire

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UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

    UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

Technical fire engineering services specialist, Joule Group is winning new business in United Arab Emirates (UAE) and Qatar following R&D investment. The new contracts are being delivered by the team

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Ornua Opens €30 Million State-of-the-art Cheese Facility in Spain

    Ornua Opens €30 Million State-of-the-art Cheese Facility in Spain

Ornua, Ireland’s largest exporter of Irish dairy products, has officially its new €30 million, state-of-the-art cheese production facility at Ávila in Spain. The new facility has been built on the

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Travelport to Invest in New Inside Sales Centre in Dublin

    Travelport to Invest in New Inside Sales Centre in Dublin

Travelport, a leading technology company serving the travel and tourism industry, has announced a further investment in its Dublin operations through the creation of an inside sales centre. The sales

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Buchanans New Nut Factory Generates £1 Million GB Success

    Buchanans New Nut Factory Generates £1 Million GB Success

WG Buchanan and Son Ltd has made an investment of over £1 million to develop a new standalone 12,000 sq ft factory for its growing nut business at its Carrickfergus

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Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

    Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

Gamma Location Intelligence, the leading location intelligence services provider in Ireland, is launching its Perilfinder™ software platform in the UK

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€40 Million EIB Backing For An Post Transformation

    €40 Million EIB Backing For An Post Transformation

A new €40 million, 10-year European Investment Bank (EIB) loan to An Post has been formally announced in Dublin. More

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OpenSky Launches New Innovation & Research Division With €1 Million Investment

    OpenSky Launches New Innovation & Research Division With €1 Million Investment

OpenSky, Ireland’s leading GovTech transformation specialist which provides automated solutions to public sector bodies, has launched its new Research Projects

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Two New Equity Funds For Investments in Innovative SMEs

    Two New Equity Funds For Investments in Innovative SMEs

Invest Northern Ireland has launched two new Equity Funds offering investments to innovative high growth potential SMEs. The TechStart II

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Enet to Open New €1 Million HQ Facility in Limerick

    Enet to Open New €1 Million HQ Facility in Limerick

Enet, Ireland’s largest wholesale, open-access network provider, is investing €1 million in a new state-of-the-art headquarters facility in Limerick. The

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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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Leading US Insurance Company to Create Technology and Cybersecurity Innovation Centre in Northern Ireland

    Leading US Insurance Company to Create Technology and Cybersecurity Innovation Centre in Northern Ireland

Aflac Incorporated, a US-based insurance company with business in the United States and Japan, plans to create 150 jobs as

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Classic Mineral Water to Invest £3.7 Million and Triple Workforce

    Classic Mineral Water to Invest £3.7 Million and Triple Workforce

Lurgan-based Classic Mineral Water is investing over £3.7 million in its soft drinks manufacturing business, to drive growth. This will

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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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EirGrid Group Launches Five-year Strategy to Transform Irish Electricity System

    EirGrid Group Launches Five-year Strategy to Transform Irish Electricity System

EirGrid Group has launched a new five-year strategy aimed at transforming the electricity system on the island of Ireland for

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Aurivo Invests to Create Most Sustainable Liquid Milk Facility at its Killygordon Site

    Aurivo Invests to Create Most Sustainable Liquid Milk Facility at its Killygordon Site

Aurivo, which is one of Ireland’s leading dairy and agribusinesses, has completed a significant investment in its milk processing facility

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NTR and Nord/LB Close Two Further Project Financings For a Combined €45 million

    NTR and Nord/LB Close Two Further Project Financings For a Combined €45 million

NTR has successfully closed two project debt facilities back-to-back in recent weeks with Nord/LB  for a combined €45 million. The debt facilities are being used to

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AW Control Systems to Create 16 Jobs in Armagh as Business Grows

    AW Control Systems to Create 16 Jobs in Armagh as Business Grows

AW Control Systems Ltd in Armagh is creating 16 new jobs and building an additional production facility to support its

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Grafton Merchanting ROI Rebrands to Chadwicks Group

    Grafton Merchanting ROI Rebrands to Chadwicks Group

Grafton Merchanting ROI, Ireland’s leading building merchanting company, is rebranding to Chadwicks Group as part of a €5 million investment

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Bitwise Invests in Software Centre of Excellence in Northern Ireland

    Bitwise Invests in Software Centre of Excellence in Northern Ireland

International software development and consultancy company, Bitwise, is investing £1.35 million in the creation of its new Software Centre of

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Valeo Foods to Expand With £66 Million Acquisition

    Valeo Foods to Expand With £66 Million Acquisition

Dublin-based Valeo Foods has agreed to acquire Campbell Soup Company’s European Chips Business for approximately £66 million ($80 million). Campbell’s European Chips

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Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

    Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

Maynooth University has welcomed a capital grant of €25 million from Government for a major new building project to support

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London Tech Firm Chargifi to Set Up Technology and Business Development Hub in Belfast

    London Tech Firm Chargifi to Set Up Technology and Business Development Hub in Belfast

Chargifi, a leading provider of cloud-connected wireless charging technology, is to set up a Technology and Business Development Hub in

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Around Noon Announces New Jobs in Significant Investment

    Around Noon Announces New Jobs in Significant Investment

Newry-based firm, Around Noon, producer of a wide range of ‘food-to-go’ products, has announced that it is investing over £7 million

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€100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

    €100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

Mythen Construction has broken ground on the prestigious new development at Abbey Quarter in the centre of Kilkenny. The breaking

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New Cruise Terminal Opens in Belfast Harbour

    New Cruise Terminal Opens in Belfast Harbour

Cruise Belfast – the partnership between Belfast Harbour and Visit Belfast – has opened the first dedicated cruise terminal on

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Aurivo Opens New Dryer as Part of €48 Million Investment Programme

    Aurivo Opens New Dryer as Part of €48 Million Investment Programme

Aurivo, which is one of Ireland’s leading co-operatives, with businesses in Consumer Foods, Dairy Ingredients, Retail Stores, Animal Feeds, and

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Creative Composites Invests £11 Million in State-of-the-art Manufacturing Facility

    Creative Composites Invests £11 Million in State-of-the-art Manufacturing Facility

Lisburn-based Creative Composites Ltd is investing £11 million in new machinery and expansion of its facilities to capitalise on growth

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Lidl Opens 200th Store on the Island of Ireland

    Lidl Opens 200th Store on the Island of Ireland

Lidl has opened its 200th store on the island of Ireland. The new state-of-the-art store, located in Tullamore, County Offaly, brings

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Lagan Investment’s Acquires Majority Stake in GB Business

    Lagan Investment’s Acquires Majority Stake in GB Business

Lagan Investments, the investment vehicle formed following the sale of Kevin Lagan’s building materials business to Breedon in 2018, has

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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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Takeda Ireland Opens New Innovative Manufacturing Site in Dublin

    Takeda Ireland Opens New Innovative Manufacturing Site in Dublin

Takeda Ireland, a subsidiary of Takeda Pharmaceutical Company Ltd, has officially opened a new cutting-edge manufacturing facility at its site

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Lidl to Invest €1 Million in Ireland’s Largest Ever Installation of Solar Panels

    Lidl to Invest €1 Million in Ireland’s Largest Ever Installation of Solar Panels

Lidl has welcomed a grant of planning from Kildare County Council for the installation of energy-saving solar panels at its

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Dowds Group to Create 68 New Jobs in Construction Sector

    Dowds Group to Create 68 New Jobs in Construction Sector

Ballymoney-based Dowds Group, a mechanical, electrical, facilities management and build contractor, has announced that it will create 68 new jobs

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Energia Group Announces Over €3 Billion Renewable Energy Investment Programme For Ireland

    Energia Group Announces Over €3 Billion Renewable Energy Investment Programme For Ireland

Energia Group, the major all-island energy provider and infrastructure investor across Renewable Technologies, Flexible Generation and Customer Solutions, will invest

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EU Invests €35 Million to Improve Water Quality in Carlingford Lough and Lough Foyle

    EU Invests €35 Million to Improve Water Quality in Carlingford Lough and Lough Foyle

A major cross-border project which aims to improve water quality in Carlingford Lough and Lough Foyle through enhanced wastewater treatment

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Launch of Ireland’s First National Space Strategy For Enterprise 2019-2025

    Launch of Ireland’s First National Space Strategy For Enterprise 2019-2025

The Government has launched Ireland’s first National Space Strategy for Enterprise 2019-2025. The national strategy will provide strategic support to Ireland’s

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SaaS Firm Futrli Announces £5.5 Million Delivery Centre in Belfast

    SaaS Firm Futrli Announces £5.5 Million Delivery Centre in Belfast

Great Britain-based Futrli is to invest almost £5.5 million in a new delivery centre in Belfast, with 80 new jobs

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Tourism Boost For Northern Ireland as Ballycastle Gains New Four Star Hotel

    Tourism Boost For Northern Ireland as Ballycastle Gains New Four Star Hotel

A new four star hotel, The Salthouse, is to open on the Dunamallaght Road in Ballycastle, just in time for

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Davison Canners Grows into New Markets

    Davison Canners Grows into New Markets

Armagh-based Davison Canners is launching its own brand of hot-eat desserts and puddings – Simply Puddings – as it continues

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