Great Britain-based Futrli is to invest almost £5.5 million in a new delivery centre in Belfast, with 80 new jobs to be created over three years, more than doubling its headcount. Established in 2014, Futrli supports over 1,200 accountancy firms and 45,000 small businesses globally with software as a service (SaaS) products. The latest, Futrli […]
Investment
A new four star hotel, The Salthouse, is to open on the Dunamallaght Road in Ballycastle, just in time for the 148th Open Championship in July 2019. The Denis McHenry and Therese McHenry partnership invested £2.4 million to develop the 24 bedroom hotel and spa with uninterrupted coastal views. The hotel is located on the […]
Armagh-based Davison Canners is launching its own brand of hot-eat desserts and puddings – Simply Puddings – as it continues to grow its business. The company is reaping the benefits of a £1.4 million capital investment which included a new bespoke manufacturing facility. The facility, built in 2018, has allowed the company to develop and […]
The new €325 million state-of-the-art WuXi Biologics facility has begun to take structural form as steel erection begins on the company’s 52-acre campus site in Dundalk. Work is on schedule for the new contract manufacturing biologics facility which, at 48,000 square metres in size, is set to become the world’s largest single-use biologics manufacturing facility.
Planning […]
OpenSky, Ireland’s only GovTech transformation specialist which provides process automated solutions to public sector bodies, has announced that it has invested €2.5 million in its own expansion and will create 80 jobs over the next two years. The company’s employee numbers are set to reach 160 by the end of 2021. New roles will include […]
Equinix, the global interconnection and data centre company, will open 12 new International Business Exchange™ (IBX®) data centres and expand 23 existing IBX data centres in 2019 as part of an expected $1.730 to $1.920 billion of non-recurring capital expenditure expansion programme for the year. Equinix, which operates four data centres in Dublin, plays a strategic role in advancing enterprise […]
Energia Group, one of Ireland’s leading energy providers and infrastructure investors, has agreed a €44 million debt finance package with Allied Irish Bank plc for its bioenergy plant currently being completed at Huntstown in north County Dublin. The debt finance package includes a term loan of €38.6 million and ancillary facilities of €5.4 million. It is part of an […]
Global life-science innovation leader, Allergan, which is headquartered in Ireland and operates four facilities here, has announced a €65 million capital investment programme for 2019 to facilitate the continued expansion of the company’s state-of-the art laboratories and manufacturing campuses at Westport in County Mayo and Clonshaugh in north Dublin. The Westport facility has created 63 […]
Crop producer Beotanics is investing €1 million in a new research and development centre at its offices in Stoneyford, County Kilkenny. The firm has a focus on niche crops such as sweet potato, yacon and wasabi.
Pat and Noirín FitzGerald set up parent company FitzGerald Nurseries in 1990 to supply ornamental shrubs, and then established Beotanics Plant Lab to research and […]
Propertybridges.com, Ireland’s peer to peer lender to the property development marketplace, has launched its biggest loan so far – €750,000 to build two new housing development projects in County Waterford. The PropertyBridges.com plan is to lend across the country to over a 100 plus new housing development projects in the next three years with the […]
EcoOnline has officially opened a new 7,000 square ft office in Limerick, doubling its office space in an ongoing commitment to innovation and growth in the Irish and UK market. The office will serve as a centre of excellence and operational centre to support EcoOnline’s existing and expanding high profile client base in Ireland, United […]
Irish commercial property investment reached more than €609 million in Q1 2019 marking a strong start to the year, according to BNP Paribas Real Estate. Continued strong interest from overseas investors is evident with large office and residential developments in most demand.
Retail emerged as the second best performing sector in Q1 with €186 million invested […]
Following a competitive tendering process, Gyproc Ireland, which mines gypsum at Knocknacran quarry for use in its factory in Kingscourt, has announced the awarding of an important new contract to Wills Bros. Ltd. Wills Bros are one of Ireland’s leading civil engineering contractors with experience in large scale infrastructural, industrial and earthworks projects. The contract […]
LogMeIn Inc, a leading provider of cloud-based connectivity and recognized as one of the world’s 10 largest public Software-as-a-Service (SaaS) companies, has officially opened its new international headquarters in the Reflector Building, Grand Canal Dock. The investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.
A market leader in unified communications and […]
Latest research from JLL, which tracks national investment deals greater than €1 million, indicates that total volumes for Ireland’s investment market totalled close to €600 million for Q1 2019 across 31 deals. Although this is a decrease on volumes compared to previous quarters, this was expected given the strong performance in the market last year […]
The new EU framework for the screening of foreign direct investments is now in force. The framework will be instrumental in safeguarding Europe’s security and public order in relation to foreign direct investments coming into the EU.
President of the European Commission, Jean-Claude Juncker said: “We need scrutiny over purchases by foreign companies that target Europe’s […]
Johnson & Johnson Vision Care (Ireland) will be adding approximately 100 new roles as part of a €100 million expansion of its manufacturing operations at its site in the National Technology Park, Plassey, Limerick. The project is supported by the Irish Government through IDA Ireland.
Approximately 200 additional workers are expected to be employed in the construction […]
CNP Santander Insurance, the Irish-based insurance company that designs and manages insurance products for distribution in more than 10 European countries, has announced that it has invested €3.5 million in its Dublin expansion following significant growth over the last three years.
Since 2015, CNP Santander Insurance – which is a joint venture between Santander, one of […]
Cork Airport, Ireland’s fastest growing and most punctual airport, has opened a new Airport Control Centre (ACC) and purpose-built office suite following a further significant investment in the airport by daa. The two new facilities were officially opened by An Tánaiste and Minister for Foreign Affairs & Trade, Simon Coveney TD (pictured right).
Managing Director at […]
Belfast financial services company HNH is investing over £1.3 million to create 14 new jobs to help it capitalise on opportunities in the global financial advisory market. The firm currently offers corporate finance, business restructuring, forensic accounting, recruitment and human capital advisory services. It is now adding a transactions services division and a mergers and acquisition […]
A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainable Energy Authority of Ireland (SEAI) test site near Belmullet, County Mayo, by 2022. The project is […]
Having welcomed 31.5 million passengers during 2018 – a new record – Dublin Airport is currently being expanded to ultimately cater for more than 20 million additional passengers.
“We are building an airport to accommodate 55 million passengers a year,” pointed out Brian Collier (pictured above), Head of Construction Procurement at daa (Dublin Airport Authority), when […]
“If there is a ‘crash-out’, we will be ready. We are working 24/7,” said Maurice Buckley (pictured), Chairman of the Office of Public Works (OPW) and Vice President of Engineers Ireland, about preparations for installing infrastructure at ports and airports in the event of a ‘no deal Brexit’. “Eighteen separate construction projects are now underway […]
The Ireland Strategic Investment Fund (ISIF) is backing the acquisition of the Green Isle Foods and Donegal Catch manufacturing and export businesses by a group led by the former Chief Executive of Largo Foods (Tayto), Maurice Hickey. The acquisition will support over 100 jobs at the manufacturing plant in Gurteen, County Sligo and offices in […]
Terex Corporation, a global manufacturer of lifting and material processing solutions, is to establish a new facility in Campsie, Londonderry as part of a £12 million investment. The new facility will manufacture product lines for Terex Ecotec (waste management and recycling) and Terex Conveying Systems (TCS) (mobile conveying). The investment will create 100 new jobs.
Speaking at […]
The European Commission has published a comprehensive report on the implementation of the Circular Economy Action Plan it adopted in December 2015. The report presents the main results of implementing the action plan and sketches out open challenges to paving the way towards a climate-neutral, competitive circular economy where pressure on natural and freshwater resources as well […]
Finnebrogue, the Downpatrick-based artisan food manufacturer, is to create up to 125 new jobs following its £17 million investment in its state-of-the-art nitrite-free bacon facility. The Invest Northern Ireland-backed investment has enabled the company to establish a manufacturing facility in Downpatrick for the production of its nitrite-free bacon, hailed by many experts as a breakthrough […]
The Government has announced details of a €4.3 million investment in the Irish Research Council’s Enterprise Partnership Scheme. The Irish Research Council’s Enterprise Partnership Scheme supports collaborations between researchers and partner organisations. Over the coming months, a total of 53 researchers will take up positions at higher education institutions in collaboration with 48 partner organisations.
The awards are two […]
Funding into Irish technology firms fell by 25% to €739 million in 2018, according to the Irish Venture Capital Association VenturePulse survey published in association with William Fry. The fourth quarter of 2018 showed a decline in funding of 35% to €115 million, continuing the trend of previous quarters.
“However, the fourth quarter did contain some […]
GW Plastics, an industry-leading healthcare injection moulding and contract manufacturing company, is expanding its operations in Sligo, creating over 200 new jobs. GW Plastics established its first European location with the purchase of Avenue Mould Solutions in 2017, and is growing its operation in response to increased customer demand in its medical device and drug delivery […]
Signifyd, the market leader in guaranteed fraud protection, has announced its first-ever investment in Northern Ireland with a 150-person global R&D centre in Belfast. The centre will broaden the company’s European presence and support its global drive to provide innovative e-commerce technology and services for retailers.
Signifyd’s expansion puts the company in an ideal position to […]
Carbery Group, the West Cork-based international nutritional ingredients, flavours and natural cheese producer, has started construction work on a new manufacturing facility at its site in Ballineen. In the planning for some time, the new plant represents a €78 million investment by Carbery Group.
The investment will allow the organisation to diversify from its exclusive production […]
Enterprise Ireland, the state agency responsible for the development and growth of Irish companies in global markets, invested €23 million in Irish start-ups in 2018 and supported a total of 132 start-up companies. Investment was provided in the form of equity through Competitive Start Funds (CSFs) and High Potential Start-Up (HPSUs) funding programmes by the […]
Dungannon-based EDGE Innovate is implementing a four year expansion programme focused on innovation, employment, skills development and export growth. The company is investing nearly £8 million in the business including an expansion of its production and office facilities and the construction of a new 37,500 sq ft factory. The investment also includes the creation of 80 […]
Finch Capital, a leading early stage venture capital firm with offices in Amsterdam, London and Singapore, has announced that it now has an active presence in the Irish market and is dedicating up to €20 million to Irish start-ups in the fintech sector, following a €10 million investment from Enterprise Ireland.
In 2018, Finch Capital closed […]
The AIB Brexit Sentiment Index for Q4 2018 reveals that 35% of SMEs in the Republic of Ireland (ROI) and 40% in Northern Ireland (NI) that had planned to expand or invest in their business have either cancelled or postponed investment plans due to Brexit. In line with this, 68% of SMEs in ROI believe […]
Zeus, the Irish-owned global packaging solutions company, has officially opened its state-of-the-art €15 million Dublin premises with the announcement of its strategic acquisition of Essential Supplies, a leading Irish hygiene supplies company.
Founded in 1992, the Naas-based company, which will continue to trade as Essential Supplies, has an annual turnover of €7 million. Driven by this acquisition […]
AMI, Ireland’s leading secure IT recycling company, plans to create 30 new jobs in the next two years, bringing its total workforce to 90 by 2021. The new roles will be shared across AMI’s Dublin and Belfast locations, whose premises will also be expanded, as part of a strategic €4 million investment.
AMI will leverage the […]
The Robot Exchange, specialists in Robotic Process Automation (RPA) solutions (facilitating the automation of repetitive tasks), is investing in a research and development project that will deliver innovation in the areas of machine learning and artificial intelligence.
The company, founded just over a year ago, is headquartered in Nottingham but is setting up a research and […]
Assystem Technologies and its affiliates have relaunch under a new brand. 18 months after taking over the operations of Assystem SA’s Global Product Solutions division, and following a series of acquisitions in 2018 including SQS – an industry leading quality partner for digital business with a 500 people-strong presence in Ireland, the organisation becomes Expleo.
To […]
Fat Fish a cross functional digital marketing agency in Newry, is creating six new roles in 2019 to support its sales growth in North America. Established last year, Fat Fish Marketing helps its customers to increase the reach of their online presence, developing and implementing digital campaigns which drive sales growth. Many of its customer […]
Glanbia Ireland, Ireland’s largest dairy processor, and Royal A-ware, a leading global cheese and dairy producer in The Netherlands, plan to enter a strategic partnership that proposes to build a new continental cheese manufacturing facility in Belview, County Kilkenny, Ireland. It is proposed that a total of €140 million will be invested in this best-in-class […]
Boyce Precision Engineering has officially opened its new manufacturing facility and announced plans to almost double its workforce as part of a £6.9 million investment. The company has built a new facility at Charlestown Road Industrial Estate in Portadown on a site purchased from Invest Northern Ireland. The investment is part of a five year project […]
“Manufacturing is incredibly important to our economy and we are going through a ‘Renaissance’. Our economy has been performing strongly and manufacturing is at the centre,” said Fergal O’Brien (pictured), Director of Policy and Chief Economist, IBEC, when addressing the recent National Manufacturing and Supply Chain Conference at Citywest Hotel in Dublin.
“Ireland is one of […]
The Irish manufacturing sector employs over 250,000 people and accounts for 32% of Ireland’s GDP – significantly higher than the European average of 15% and Germany at 21%, according to Martin Shanahan (pictured), CEO of IDA Ireland. Manufacturing also plays a key role in helping to address the regional imbalance in the Irish economy with […]
Lir, Ireland’s ocean energy test facility, has been officially opened in Ringaskiddy, County Cork by Minister for Foreign Affairs Simon Coveney, TD. Located in the €20 million UCC Environmental Research Institute (ERI) Beaufort building, Lir – the National Ocean Test Facility – provides world-class laboratory testing for offshore wind, wave and tidal energy devices. The […]
Fáilte Ireland – the National Tourism Development Authority – will invest €5 million to support the tourism sector as it prepares for Brexit. The announcement marks a significant ramping up of activities to ensure Irish tourism is both ‘product-ready’ and ‘industry-ready’ ahead of the UK withdrawal from the EU.
The investment comes as new figures published by Fáilte Ireland […]
Datapac, Ireland’s leading ICT solutions provider, has announced a new five year sponsorship deal with the National Opera House in Wexford valued at€175,000. This year marks the National Opera House’s 10th anniversary, during which time Datapac has been a long-standing supporter.
The investment will go towards the digital transformation of the Opera House and will help maintain […]
€3.6 billion of Irish property traded during the year 2018 across nearly 200 deals. This level is significantly higher than 2017, when €2.2 billion traded. This is a 58% increase year-on-year. Total volumes were boosted by a significant increase in larger-sized transactions, with 21 deals greater than €50 million, of which 11 were greater than […]
Hastings Hotels is investing almost £2 million in staff training designed to enhance the world class hospitality currently offered across the group. Speaking about the investment, MD of Hastings Hotels, Howard Hastings, said: “People are our greatest asset so naturally the ongoing training and development of our staff is of the utmost importance. This is […]
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, has announced that it plans to recruit 75 new business angels in 2019. The new investors will have a combined total of at least €15 million available to invest […]
Novi, the secure IT and cloud service provider, has launched Novi OneCloud, following a €150,000 software development investment. The result is Ireland’s first integrated cloud service which allows customers to aggregate multiple cloud solutions from the world’s leading vendors in a secure environment designed to facilitate streamlined deployment, management, access, reporting and billing.
Novi OneCloud is […]
Visiblegy Limited, a start-up tech company focused on the global pharmaceutical industry, is recruiting 11 new staff as part of investment plans that will more than quadruple its workforce. Visiblegy is a technology company focused on providing solutions to the healthcare industry to deliver insights that will lead to patients getting better treatment outcomes across diverse […]
Global indigenous business Lowe Rental has invested significantly in its e-commerce and e-marketing capabilities to drive further growth across its worldwide customer base. With support from Invest Northern Ireland, the business has launched a completely new integrated online platform which encompasses nine regionalised sites with over 2400 unique pages.
Headquartered in Lisburn, The Lowe Rental Group is […]
Companies in the European Union have increased their investment in research and development (R&D) for the eighth consecutive year, according to the new 2018 Industrial R&D Scoreboard published by the Commission. The findings show that EU companies’ 2017 R&D investments grew by 5.5% as compared to the previous year. In a telling sign of an […]
The world’s largest international financier for renewable energy, the European Investment Bank, will back renewable energy investment across Europe in co-operation with Dublin-based NTR plc. The EIB’s €84 million backing for the NTR Renewable Energy Income Fund II was announced at an EIB investment conference at the Central Bank of Ireland attended by more than […]
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 […]
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