Industry & Business

Investment

Irish and UK retailers highlight Brexit challenges

    Irish and UK retailers highlight Brexit challenges

Retail Ireland, the Ibec group that represents the sector, has joined forces with the British Retail Consortium and the Northern Ireland Retail Consortium to explore the implications for the sector arising from Brexit. They will meet in Dublin with a number of Government Departments, consumer advocates and individual retailers to seek solutions to mitigate the […]

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Best ever month of May for Irish tourism

    Best ever month of May for Irish tourism

Commenting on figures published today by the CSO for overseas visitors to Ireland for January to May, Niall Gibbons, CEO of Tourism Ireland, said: “I am pleased to see growth of more than +3% for the five-month period January-May, coming on the back of a record performance in 2016 and years of solid growth in […]

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GSK opens new €8m state of the art biomass energy plant at Dungarvan site

    GSK opens new €8m state of the art biomass energy plant at Dungarvan site

GSK has announced the opening of an €8 million investment project at its manufacturing site in Dungarvan. The facility was officially opened Friday 23 June, by Site Director Brian Fox. The investment has been utilised to develop a new purpose-built biomass energy facility which is expected to reduce the site’s carbon emissions by up to […]

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Eurotek designs and installs digital signage network in Ulster Rugby’s Kingspan Stadium

    Eurotek designs and installs digital signage network in Ulster Rugby’s Kingspan Stadium

Eurotek, the Irish owned specialist provider of audio-visual solutions to companies nationwide and across the world, has designed and installed a new state of the art digital signage network at Ulster Rugby’s Kingspan Stadium in Belfast. The new system enables Ulster Rugby to deliver live match footage and tailored visitor information to 96 screens across […]

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Chaucer launches Dublin-based company to write international specialty business

    Chaucer launches Dublin-based company to write international specialty business

Chaucer, the specialist insurance group, has announced that the Central Bank of Ireland has approved the formation of a Dublin-based company that will trade under the name of Chaucer Dublin (incorporated in Ireland as Chaucer Insurance Company DAC) to write international specialty insurance and reinsurance business.
Chaucer Dublin, which plans to write a broad range of […]

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“One to Watch Award” winner announced at Big Ideas 2017

    “One to Watch Award” winner announced at Big Ideas 2017

Finola Cliffe of HookeBio has been presented with the “One to Watch Award” at Enterprise Ireland’s Big Ideas 2017. HookeBio was one of ten investor-ready start-up companies to pitch their new technology solutions to investors at Enterprise Ireland’s annual showcase of start-up innovation emerging from higher education institutes at the Royal Hospital Kilmainham, Dublin.
The award […]

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SportsTech Ireland launches

    SportsTech Ireland launches

With an ambition to double the number of sports tech companies operating in Ireland by 2020 SportsTech Ireland laid out ambitious plans when launching at King John’s Castle in Limerick recently. “We want to target at least 10 international companies operating in this space to establish a base here in that same period and help to […]

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Investment in small firms increasing despite Brexit concerns

    Investment in small firms increasing despite Brexit concerns

The Small Firms Association (SFA) today released new data on the finance and investment priorities of small firms. Launching the new data, SFA Chair, Sue O’Neill, stated: “It is very positive to see that 51% of SFA members are growing and 72% intend to invest in their business over the coming year. This is up […]

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Dublin BIC launches start-up hub to offer solution to rising office rents

    Dublin BIC launches start-up hub to offer solution to rising office rents

Dublin BIC today announces the opening of its new start-up hub and co-working facility, Space@DublinBIC, as an affordable office solution for entrepreneurs, freelancers and start-ups. Situated on the first and second floors of 61 Dawson Street, Space@DublinBIC has capacity for 200+ people.
Established by Dublin BIC, the organisation providing a comprehensive range of supports to early-stage […]

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Students from NUIG scoop top prize at Student Entrepreneur Awards 2017

    Students from NUIG scoop top prize at Student Entrepreneur Awards 2017

Paddy MacDonagh and Chris Bogues, students from National University of Ireland, Galway (NUIG), have won the overall Enterprise Ireland Student Entrepreneur of the Year Award and have been named ‘College Entrepreneur of the Year 2017’. The winning entrants beat off stiff competition with their project ‘Coachbook’, an online platform for riding coaches to train horse riders […]

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Pinsent Masons to launch Dublin presence

    Pinsent Masons to launch Dublin presence

International law firm Pinsent Masons has announced plans to open in Dublin in a move which will see the firm open its fourth international office in less than 18 months. The office will focus on the Financial Services and Technology sectors initially. A team of three eminent practitioners in Dublin will found the new practice including Gayle […]

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Seven companies to participate in 2017 Coca-Cola/Enterprise Ireland project

    Seven companies to participate in 2017 Coca-Cola/Enterprise Ireland project

The Thrive Project, a partnership between Coca-Cola and Enterprise Ireland has officially been launched as seven entrepreneurial founders flew to Coca-Cola’s headquarters in Atlanta for an intense three-day boot camp. The boot camp is part of a six month programme developed to inspire and support ambition amongst some of Ireland’s fastest growing food and drink […]

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Northern Trust to add up to 400 new jobs in Limerick over next five years

    Northern Trust to add up to 400 new jobs in Limerick over next five years

The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, Minister for Finance Michael Noonan and Northern Trust have announced that the company is to further expand its operations in Limerick by adding up to 400 new jobs over the next five years.
The expansion is supported by the Department of Jobs through IDA Ireland and […]

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Pure Telecom’s €1.75m deal enables DSM to create 15 jobs

    Pure Telecom’s €1.75m deal enables DSM to create 15 jobs

Pure Telecom has announced it has signed a €1.75 million two-year deal with sales agency DSM. The deal will allow DSM to recruit 15 sales representatives, who will be tasked with growing Pure Telecom’s business across the country, with a particular focus on rural Ireland.
Pure Telecom has agreements with several of Ireland’s major wholesale telecoms […]

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€1.5m in funding for start-ups announced

    €1.5m in funding for start-ups announced

A total of €1.5 million in start-up funding will be available from Enterprise Ireland when two Competitive Start Fund (CSF) competitions open for applications on Wednesday 21 June 2017.
Up to 30 successful applicants will receive high-level business development support and an investment of up to €50,000 each through the Regional Entrepreneurship and Fintech CSFs. Enterprise […]

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Metropole hotel in Cork to get €50m revamp

    Metropole hotel in Cork to get €50m revamp

One of Cork’s most historic hotels, the Metropole, is set to get a €50 million investment that will double its rooms tally, add shops at ground level and see the construction of another three-star hotel to be called The M.
The two linked hotels will have 400 bedrooms, making “The Met” the city’s largest guest complex. […]

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Carlow tech company opens new Chicago office

    Carlow tech company opens new Chicago office

Security specialist company Netwatch is set to open a new office in Chicago. The move will create 15 new jobs in the area. The company has chosen Chicago as its North-western location as it is one of the fastest growing regions in the USA for its transportation and logistics hub, built around Chicago O’ Hare […]

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Nova Leah to create 50 new jobs in Dundalk

    Nova Leah to create 50 new jobs in Dundalk

Medical device security firm Nova Leah has announced plans to recruit 78 people to its workforce over the next four years. Around 50 of those roles will be based in Dundalk and be in the area of engineering and support. The remainder will be sales and marketing roles in the company’s newly-opened office in Boston.
Nova […]

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Sandyford to drive Dublin as Smart City

    Sandyford to drive Dublin as Smart City

Sandyford has been pinpointed as a Smart Region capable of driving Dublin on as a Smart City at Ireland’s first Smart Cities Summit in Leopardstown. The Summit, which was organised by Sandyford Business District and Alchemy Event Management, heard that there is currently 450,000 sq ft of available office space in the Sandyford and a […]

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Over 600 jobs announced and €300m invested in Ireland in past seven days

    Over 600 jobs announced and €300m invested in Ireland in past seven days

Martin Shanahan, CEO at IDA Ireland who is currently meeting with IDA clients in India said: “This has been a remarkable week for foreign direct investment across Ireland. It is hugely encouraging to see that the flow of multinational companies choosing Sligo, Carlow, Cork and Dublin as their destinations of choice has continued, despite global […]

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Construction to start on GCP2 Production Facility at Takeda Ireland Ltd site

    Construction to start on GCP2 Production Facility at Takeda Ireland Ltd site

Takeda Pharmaceutical Company Limited has announced that a groundbreaking ceremony has been held for its new production facility at the existing Grange Castle site in Ireland. Takeda’s existing footprint at the Grange Castle site will be expanded with the construction of a new standalone, high-containment production facility dedicated to manufacturing its oncology product NINLARO for […]

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Grant Thornton launches new Centre of Excellence

    Grant Thornton launches new Centre of Excellence

Grant Thornton has announced it is to create 250 new jobs across all areas of its business operations in Ireland. A significant number of the new posts will be in its Centre of Excellence, which provides a new framework for the delivery of global compliance and reporting services, from its base in Ireland.
Welcoming the announcement […]

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Abbott and IDA Ireland announce investment of €10m to fund Sligo site relocation

    Abbott and IDA Ireland announce investment of €10m to fund Sligo site relocation

Global healthcare company Abbott will relocate its Irish Nutritional Devices business from its existing base at Ballytivnan, Sligo, to a new, purpose-built IDA Ireland Advance Technology building located in the Finisklin industrial estate.
The move will see a combined investment of almost €10 million and will enable the consolidation of manufacturing and business support within one […]

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MSD Ireland announces 330 new jobs and €280m investment in Carlow and Cork

    MSD Ireland announces 330 new jobs and €280m investment in Carlow and Cork

MSD has announced it will create 330 new jobs and invest €280 million over the next three years at two of its Irish manufacturing sites. The new jobs, which will be created in Carlow and Cork, are as a result of increased global demand for MSD’s medicines and vaccines produced in Ireland, while the investment […]

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BusConnects could increase bus passenger numbers by 50%

    BusConnects could increase bus passenger numbers by 50%

BusConnects, a suite of initiatives to radically transform public transport in the Dublin region, has been launched by Minister for Transport Sport and Tourism Shane Ross and Anne Graham, Chief Executive Officer of the National Transport Authority. The ambitious proposals will put bus services at the heart of the solution when it comes to addressing […]

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Pitney Bowes invests in Dublin creating 100 jobs

    Pitney Bowes invests in Dublin creating 100 jobs

Pitney Bowes has announced plans to open a new operations centre in Dublin that will house a three-year multi-million euro R&D project focused on developing a next generation e-commerce and payments platform for global brands.
The new operations centre will comprise a Client Support Centre and Research & Design Centre, creating approximately 100 new jobs for […]

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OpenJaw Technologies to double workforce

    OpenJaw Technologies to double workforce

Irish travel software company OpenJaw Technologies has announced plans to double its global workforce from 230 to 450 employees in the next three years, with at least 50 of the jobs being located at the company’s offices in Dublin and Galway.
The jobs announcement was made at OpenJaw’s travel retailing summit at Dublin’s Mansion House, a […]

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“Prepare for Brexit” roadshow launches in Waterford

    “Prepare for Brexit” roadshow launches in Waterford

As part of a nationwide Brexit roadshow, Enterprise Ireland hosted a ‘Prepare for Brexit’ forum at Studio 1 of the WIT Arena in Waterford. Part of Enterprise Ireland’s #PrepareforBrexit campaign, the Waterford event features speakers from SMEs, large companies and innovative start-ups, including Joe Connolly, CEO, Connolly Red Mills, Robert Byrne, Sales Director, Burnside Eurocyl […]

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KBC Bank Ireland launches new fund for Ireland’s Bright Ideas

    KBC Bank Ireland launches new fund for Ireland’s Bright Ideas

BC Bank Ireland has announced that as part of KBC Bright Ideas it has doubled its support fund to €200,000 and launched a new scheme for Ireland’s leading social innovators and entrepreneurs. KBC’s Business Bright Ideas will assist for-profit organisations in the business of having a positive impact on a city or community by addressing […]

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GMIT to double its Innovation Hub space

    GMIT to double its Innovation Hub space

Galway-Mayo Institute of Technology (GMIT) is set to double the size of its Innovation Hub (iHub) building at the Galway campus following €5 million funding approval from Enterprise Ireland. Minister for Jobs, Enterprise & Innovation Mary Mitchell O’ Connor announced the funding details during a visit to GMIT today (Thursday 18 May), welcomed by GMIT […]

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25 new software and tech jobs for Drogheda

    25 new software and tech jobs for Drogheda

Fintech software company Aphix Software has announced the creation of 25 new jobs at its Drogheda base. The new positions, supported by the Department of Jobs, through Enterprise Ireland are across many areas of the business to include customer success, software engineering and development. Recruitment has begun with all positions to be filled over the […]

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Manufacturing Technology Centre to create 40 hi-tech jobs in 2017

    Manufacturing Technology Centre to create 40 hi-tech jobs in 2017

Irish Manufacturing Research, Ireland’s first Independent, industry driven, research and technology organisation has opened with the creation of 40 jobs. The Centre specialises in advanced manufacturing technologies and the positions will be high tech research roles in the areas of Industry 4.0, Collaborative Robotics, Industrial IoT, Data Analytics, Energy Efficiency, Additive Manufacturing/3D printing, Design Thinking […]

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€220k fund available for startup projects

    €220k fund available for startup projects

Social Innovation Fund Ireland (SIFI) has made a €220,000 fund available for innovative early stage projects that addresses health or social issues in Ireland. ‘Animate 2017’ will share the fund between 11 successful applicants who should submit their concepts before the July 7 deadline.
Now in its second year, Animate has expanded to include the Healthy […]

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First Derivatives to hire 400 graduates

    First Derivatives to hire 400 graduates

Fintech company First Derivatives is to take on 400 graduate recruits this year and has also reported a 30% increase in revenues for the year of £151.7 million. The company also reported a profit of £12.5 million, up 20% on last year.
First Derivatives employs 1,750 people worldwide at offices in Newry, London, New York, Stockholm […]

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Enterprise Ireland client company exports increase by 6%

    Enterprise Ireland client company exports increase by 6%

Enterprise Ireland has announced that its clients recorded export sales of €21.6 billion in 2016, representing a 6% increase on 2015. Export growth to the UK, however, which accounted for €7.5 billion of exports, slowed from 12% in 2015 to 2% in 2016. The slowdown was largely due to a decline in food exports.
Speaking at […]

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InterTradeIreland launches Brexit Advisory Service

    InterTradeIreland launches Brexit Advisory Service

A dedicated InterTradeIreland advice service aimed at helping SMEs navigate the challenges of Brexit has been launched. Businesses will be able to access a raft of supports from the Brexit Advisory Service including Brexit Readiness Vouchers which they can use to fund bespoke advice up to the value of €1000; free Brexit briefing events; information […]

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Funding of €100k for Approved Housing Bodies gets go ahead

    Funding of €100k for Approved Housing Bodies gets go ahead

Damien English, Minister of State for Housing and Urban Renewal, has announced the approval of over €100,000 in funding for four Approved Housing Bodies (AHBs) under the Innovation Fund. This Fund was established, in line with the commitment made in Rebuilding Ireland, to provide AHBs with the means to test innovative ideas on new funding […]

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Mallinckrodt to create 45 jobs at new Dublin centre

    Mallinckrodt to create 45 jobs at new Dublin centre

Pharmaceutical company Mallinckrodt has reported it is to create 45 high-skilled jobs at its new medical device engineering centre in Blanchardstown in Dublin. The jobs will be in a range of areas including product design, software development and electro-mechanical engineering.
The company’s new centre in Blanchardstown has been set up to consolidate its global device research […]

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College Green must work as transport artery first, plaza second – Dublin Chamber

    College Green must work as transport artery first, plaza second – Dublin Chamber

Dublin Chamber, the group which represents businesses in the Dublin region, has expressed concern over the lack of clarity regarding how traffic will move around the city once the new Luas line opens later this year. The Chamber, reacting to the publication of new proposals for a pedestrian plaza on College Green, said the piecemeal […]

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Final call for entries to €280,000 Seedcorn investor readiness competition

    Final call for entries to €280,000 Seedcorn investor readiness competition

InterTradeIreland is calling all start-ups and early stage companies across the island to enter the Seedcorn Investor Readiness Competition before the deadline on 26 May 2017. In addition to being in with the chance to win a share of the €280,000 total cash prize fund with no equity stake taken, shortlisted firms will also benefit […]

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EHL Ingredients increases manufacturing capacity by 50%

    EHL Ingredients increases manufacturing capacity by 50%

EHL Ingredients, a leading importer, blender and packer of food ingredients from around the world, has acquired a new manufacturing site at the Broadstone Industrial Estate in Stockport giving them 8000 sq. ft. of extra space to further expand the family business which has been operating for over 20 years.
The acquisition is an exciting prospect for […]

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EngageSmith creates 20 jobs with €400K investment

    EngageSmith creates 20 jobs with €400K investment

Millennial training company EngageSmith has announced it will create 20 new jobs by the end of 2019 as it develops its range of training and e-learning products to respond to the growing demand for millennial training in organisations. The announcement follows a €400,000 injection of private funding in the company, which will enable the creation of the […]

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Businesses, public bodies encouraged to enter SEAI Awards

    Businesses, public bodies encouraged to enter SEAI Awards

The Sustainable Energy Authority of Ireland (SEAI) has started the search for sustainable energy leaders as it launched its 14th annual energy awards, the longest running energy leadership awards in the country. The SEAI Sustainable Energy Awards recognise and reward excellence in energy efficiency and renewable energy and are open to organisations, businesses or communities […]

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4,000 jobs to be added by 2020 – Irish Medtech Association

    4,000 jobs to be added by 2020 – Irish Medtech Association

The Government must invest in new technologies and skills to reap the benefits from advances in manufacturing, or get left behind as the UK and US fight for manufacturing investment and jobs. According to a new report by the Irish Medtech Association Skillnet and Irish Medtech Association, the Ibec group representing the sector, Ireland is […]

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€10m upgrade planned by Bank of Ireland

    €10m upgrade planned by Bank of Ireland

Bank of Ireland is planning to spend €10 million on upgrading its branch network. Works will include opening a new branch in Cherrywood, south Dublin this September. The Bank also plans to install 90 new external lodgement and ATM machines (eLATMs), meaning that 80% of its branches will have round-the-clock lodgement and withdrawal capabilities available […]

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Cork Airport launches tech competition

    Cork Airport launches tech competition

Cork Airport has launched a competition to invite tenders from the tech community in Cork under the Small Business Innovation Research (SBIR) initiative. The competition, in partnership with Enterprise Ireland, is to identify and develop a smart and innovative new real time passenger feedback solution. Entrants need to show the technical feasibility of the concept […]

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Trinity College plans €1bn tech & enterprise campus

    Trinity College plans €1bn tech & enterprise campus

A startup incubator in Dublin run by Boston-based Cambridge Innovation Centre (CIC) is set to be included in a €1bn technology and enterprise campus being planned by Trinity College. The campus aims to play a pivotal role in building Ireland’s global presence in the technology sector.
Chief innovation and enterprise officer at TCD Diarmuid O’Brien said […]

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Immedis acquires US international payroll company Expaticore

    Immedis acquires US international payroll company Expaticore

Payroll technology and employment tax services firm Immedis has announced a $10 million acquisition of US international payroll company, Expaticore.
Expaticore has an established international client base and a proven reputation for high quality work, which has led to impressive client retention rates. The acquisition is set to strengthen Immedis’ capabilities in the US and globally, […]

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BorgWarner adds new production line for electric vehicle technology

    BorgWarner adds new production line for electric vehicle technology

Hybrid and electric vehicle (EV) technology company BorgWarner has announced a €10 million investment in capital equipment and a €1.5 million investment in its facility in Tralee to expand the plant’s engineering and testing capabilities, create new jobs and improve the facility’s environmental footprint.
Beginning in 2017, the company plans to add a flexible manufacturing line […]

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SFI to invest €72 million in new Research Centres

    SFI to invest €72 million in new Research Centres

Science Foundation Ireland has announced it will invest €72 million over the next six years in four new world-class SFI Research Centres in Ireland. The new SFI Research Centres will be supported by 80 industry partners who will provide an additional €38 million to support cutting-edge basic and applied research with strong industry engagement, economic […]

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Diaceutics signs multi-million-euro partnership with BioReference Laboratories

    Diaceutics signs multi-million-euro partnership with BioReference Laboratories

Irish data insights and solutions company Diaceutics has announced a five-year multi-million-euro partnership with US-based BioReference Laboratories. The partnership will see Diaceutics acquire real-time testing data from BioReference, allowing it to help pharmaceutical companies achieve faster rollouts of new drugs through better understanding of the US diagnostics market.
Through its partnership with BioReference, which works with […]

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Novi invests €510,000 in proactive service centre

    Novi invests €510,000 in proactive service centre

Managed services provider Novi has invested €510,000 in a new Proactive Service Centre in Naas, Co, Kildare. The investment includes the fit-out of a dedicated suite to accommodate the Proactive Service Centre at Novi’s headquarters. It will also invest in new technology and tools, including advanced reporting and predictive analytics, which automate its service capability […]

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Monex Scholarship Program launched at UCC

    Monex Scholarship Program launched at UCC

Monex Financial Services has announced details of a new scholarship program created to support Killarney Leaving Cert students accepted to third level studies at Cork University Business School (CUBS) at University College Cork (UCC).
The scholarship will offer financial assistance to facilitate progression through third level studies and students from the three Killarney schools, demonstrating academic […]

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Government action needed on EU tendering opportunities – ISME

    Government action needed on EU tendering opportunities – ISME

Last month, ISME, the Irish Small and Medium Enterprises Association identified that billions of euro in tendering opportunities would open in the years ahead for Irish business as a result of Brexit. As a consequence of Brexit, British companies are being frozen out of the EU tendering process because they will not be EU members […]

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Ostoform wins AIB Start-up Academy 2017

    Ostoform wins AIB Start-up Academy 2017

Limerick company Ostoform has won the 2017 AIB Startup Academy competition ahead of 13 other contenders who pitched for the €20,000 cash investment before 300 attendees at the Lighthouse Cinema in Dublin.
The 14 finalists each delivered a five-minute elevator pitch about their business and then faced a five-minute Q&A session with the judging panel. Runners […]

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New postal service offers businesses more choice

    New postal service offers businesses more choice

Citypost has announced it is launching a new nationwide postal service for businesses. The independent postal service said its €0.79 PostPICK-UP cost will undercut the annual costs of existing providers by up to 21%.
The company is offering free postal collection from businesses and delivery to anywhere in Ireland, or in 200 countries globally. Outside of […]

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DCU Showcase gives companies opportunities to engage with research experts

    DCU Showcase gives companies opportunities to engage with research experts

For companies interested in innovation through R&D, the DCU Business Matchmaker and Research Showcase 2017 gives firms the opportunity to meet face-to-face with experts who are actively engaged in research that has applications across many industry sectors. The event, being held on the 11th of May in The Helix, DCU gives companies the chance to […]

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Citrix to create 150 new Dublin jobs

    Citrix to create 150 new Dublin jobs

Citrix has announced that it will create 150 new jobs as part of an expansion drive at its Dublin office, which is based in East Point Business Park, adding 26,000 square feet of office space to the current footprint. This project is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
The job […]

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