Swedencare AB, which acquired the Nutri-Science brand, product range and manufacturing facility in Waterford in November 2016, has moved into new, larger premises, which was purchased earlier this year, in the city which it has redeveloped to more than double its capacity and secure and expand its workforce presence in Waterford.
NutriScience was originally an Irish […]
IDA Ireland, in partnership with IT Sligo and Sligo County Council, have officially opened a new fast landing property solution. The establishment of IDA Ireland’s first fast landing service at Embankment House, Sligo, to be known as ‘The Landing Space’, will provide an open plan, turnkey collaborative working environment for companies who wish to quickly […]
Imperva, a leading global provider of best-in-class cybersecurity solutions, is expanding its operations with a new office in Belfast, creating 220 new jobs. Imperva solutions use data, analytics, best-of-breed software, and its community’s expertise to deliver simple, effective and enduring protection for its customers, on-premises, in the cloud and across hybrid environments. The company aims […]
Fáilte Ireland has highlighted major investment opportunities in hotel stock in key cities. Its latest report on the current and future availability of accommodation shows that there is significant opportunity in Kilkenny for further bed capacity, while Galway also has scope for greater accommodation supply, following strong year-on-year growth in the number of overseas tourists […]
Ireland’s largest energy users saved €14.5 million in energy costs last year, that is according to the annual review released by the Sustainable Energy Authority of Ireland (SEAI). The review shows that the reduction in carbon emissions achieved is equivalent to taking almost 30,000 petrol or diesel cars off Ireland’s roads.
This review presents the energy […]
Limavady-based Seating Matters is investing in a range of measures to grow export sales of its chairs across European and US markets. The family business works with leading healthcare organisations around the world and hopes to build on its recent supplier listing within the network of Veterans Hospitals in the USA.
Eight new jobs will be […]
ApisProtect, an Irish agtech innovator using the Internet of Things (IoT) to monitor honey bee colonies, has announced the close of a €1.5 million seed round of financing led by top-tier international venture capital investors Finistere Ventures and Atlantic Bridge Capital. Radicle Growth, the Yield Lab and Enterprise Ireland also participated in the investment round.
ApisProtect will use the investment to aggressively accelerate international expansion, opening […]
Dublin’s Guinness Enterprise Centre (GEC) has invested €200,000 in its innovative new CoConnect initiative. The programme, a home-away-from-home for businesses and their employees, will build connections between the GEC and the 120 enterprise hubs across the island of Ireland. The purpose of the initiative is to enrich the start-up ecosystem throughout the country by promoting […]
Bausch Health Companies will invest to expand contact lens manufacturing capacity at its Bausch + Lomb sites in Waterford, Ireland and Rochester in the US. The company is adding multiple production lines at these two sites to support the manufacture of its innovative daily disposable silicone hydrogel (SiHy daily) contact lenses.
“Bausch + Lomb is one […]
Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over 100 lenders piled into the 250k loan for a new mews build in Sandycove, County Dublin and supported the small developer as well as made 8.5% return for themselves. The whole process took less than […]
The Department of Business, Enterprise and Innovation, the Government of Ireland, through Enterprise Ireland, and the European Investment Fund (EIF) have signed an agreement to double the size of the existing European Angels Fund Ireland (EAF Ireland) to €40 million. The European Angels Fund Ireland co-invests alongside approved Business Angels in Irish-based internationally trading SMEs and […]
Following the landmark sale of his materials business to Breedon plc in April 2018, Kevin Lagan (pictured) has outlined his plans for the targeted and sustainable growth of his retained companies, Lagan Homes, FastHouse and a new investment arm, Lagan Investments. Kevin, who has been the driving force behind one of Ireland’s most successful construction […]
Facebook has announced that it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for a new campus development in the heart of Ballsbridge in Dublin 4 – the premises known as the Bank Centre currently occupied by AIB. The move will see Facebook quadruple its current floorspace to 870,000 […]
ILC Dover, a global leader in flexible containment solutions for the pharmaceutical and biopharmaceutical industry, is expanding its Irish production footprint by opening a location in Blarney, County Cork, creating up to 70 jobs over two years. The project is supported by the Irish Government through IDA Ireland.
Welcoming the announcement, Minister for Business, Enterprise & […]
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise Ireland, InterTradeIreland and Invest Northern Ireland, plans to recruit 50 new female business angel investors over the next three years. HBAN will run a series of events to encourage more female investors to invest in ambitious start-ups based […]
daa has awarded the main construction contract for Dublin Airport’s new North Runway to a joint venture comprising Irish firm Roadbridge and Spanish infrastructure company FCC Construcción (FCC). The contract is for the design and construction of the new 3.1 km North Runway at Dublin Airport. Mobilisation and preparatory site works will begin immediately, and […]
PropertyBridges.com – a new Irish owned peer to peer property development company – has opened for business and has launched Ireland’s first peer to peer property development investment opportunity. The PropertyBridges.com platform will raise money for small developers, small construction companies and private companies looking to develop housing and match them with thousands of lenders […]
Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform leveraging data from global clinical laboratories, which will improve the way patients are tested in advance of treatment. Invest Northern Ireland has offered the company over £480,000 towards its project which is expected to leverage […]
With €6.7 million of investment, Citrix has officially opened its newly upgraded facility at East Point Business Park, which will be the largest Citrix European centre within EMEA. This revamped 49,500 sq ft centre, home to functions including technical support, consulting services, HR shared services and a new EMEA digital sales hub, has state of […]
Engineering business, Camlin is creating 298 high value jobs as part of a £28 million expansion at its Lisburn headquarters. Camlin develops and supplies innovative engineering solutions, primarily for the electricity and rail industries.
Speaking at the official opening of its new state-of-the-art factory, Invest Northern Ireland Chief Executive, Alastair Hamilton said: “Camlin is a high-tech […]
Ireland’s nation brand continues to be one of the fastest-growing in the world, rising 26% in value year on year to US$538 billion, according to the latest Brand Finance Nation Brands report. Jumping six places in the ranking, Ireland has broken into the top 30, growing faster than the USA, China or the UK. This […]
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 […]
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 […]
