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 […]
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, has announced that a number of the original HBAN investors in software developer Phorest have been bought out for a sum averaging 10 times their initial investment.
Phorest, which provides management software […]
Dublin-based Total Produce, Europe’s leading fresh produce company, has completed the acquisition of a 45% equity stake in Dole Food Company for a cash consideration of $300 million, following approval of the deal by the European Commission.
Dole is a US company whose EEA operations are headquartered in Germany. It produces, markets and distributes fresh fruit […]
McGinnis Consulting will be opening a new development centre in Belfast with the creation of 10 new jobs. McGinnis Consulting, based in London and founded by Marius and Anne-Marie McGinnis, provides financial services and information technology consultancy to Tier 1 banks across Europe. Focusing on Credit, Market and Regulatory risk business areas within the financial […]
Crust & Crumb, the manufacturers of chilled pizzas, pizza bases and flat breads, has announced plans to build a new, state-of-the-art factory in Ballyconnell, County Cavan. A total of €5 million will be invested in this new facility, which is supported by the Government of Ireland through Enterprise Ireland.
The development of the company into its new […]
A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major Cost Rental development. It is expected that the detailed proposal for the site will be brought before the Council in September for approval.
It is envisaged that delivery will be overseen by a dedicated project team […]
The number of mergers and acquisition deals among the top 50 consumer goods giants reached a 15-year high in 2017 – a 45% increase from the previous year. This is according to OC&C Strategy Consultants’ annual Global 50 report which, in collaboration with the Grocer, examines the financial performance of the world’s largest consumer goods […]
Glanbia Cheese, the joint venture business between Glanbia plc and Leprino Foods, plans to build a new, world-class mozzarella cheese manufacturing facility in Portlaoise, County Laois, Ireland. A site for the new facility has been identified at the recently established Togher National Industrial Estate in Portlaoise. A total of €130 million will be invested in […]
A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from Trinity College Dublin is modelled on innovation districts in cities such as Boston, Toronto, Rotterdam and Barcelona. It will significantly strengthen Ireland’s competitive advantage when developing new indigenous companies or competing for foreign direct investment. […]
HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, was crowned Globally Networked Organisation 2018 at the recent EBAN (European Business Angel Network) Awards Ceremony held in Sofia, Bulgaria.
HBAN was awarded the prominent European accolade in recognition of the significant […]
BD, a leading global medical technology company, is to create 85 new jobs for the Limerick region. The announcement was made as Minister for Trade, Employment, Business, EU Digital Single Market and Data Protection Pat Breen TD, officially opened BD’s Research Centre Ireland (RCI) in Limerick’s National Technology Park. The €21 million investment in BD’s […]
Neueda Technologies, a privately-owned IT Training, development and consulting services company headquartered in Belfast, is establishing a Software Engineering Hub in Athlone, Co. Westmeath, employing 200 staff over four years. The project is supported by the Irish Government through IDA Ireland.
The company will undertake software development services for global telecommunications and financial services clients at […]
Irish-international fintech company, Fexco has announced a significant expansion of its operations headquartered in Killorglin, Co Kerry creating 175 new jobs over 3 years. The jobs form part of Fexco’s expansion strategy reinforcing the South West’s position as the driving force of Ireland’s fintech industry.
The announcement was made in Killorglin by Julie Sinnamon, CEO of […]
Digitalisation of Irish SMEs and National Research Investment to Benefit From European Best-practice
Crucial future investment to improve Ireland’s competitiveness will be strengthened by assessment of international best-practice in two key policy areas. EIB (European Investment Bank) advisory experts will identify ways to ensure more effective funding to support research and innovation in Ireland and to accelerate digitalisation by Irish small businesses.
The two new advisory programmes have been […]
Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform; and Lord Mayor of Dublin, Nial Ring have turned the sod for the development of the first phase in the Regeneration of O’Devaney Gardens in Dublin. The first phase will deliver 56 social homes with […]
Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, has published a consultation document for Ireland’s Space Strategy for Enterprise. The consultation document seeks input from stakeholders on issues to be considered in the development of Ireland’s Space Strategy for Enterprise. The strategy will set out how Ireland will maximise on […]
Paradyn, Ireland’s only end-to-end IT and communications service provider, plans to double its workforce from 40 to 80 employees by 2020, with positions in both its Dublin and Cork offices. The new jobs are being created as part of a €4 million investment that will fund company growth and acquisitions.
Paradyn is the newly created company […]
The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container Terminal development in Ringaskiddy. The Cork Container Terminal will initially offer a 360 metre quay with 13 metre depth alongside and will enable larger ships to berth in Ringaskiddy. The development also includes the construction […]
College Group is to invest €10 million in building a new renewable energy facility producing biofuel from used cooking oil and animal fats in north County Meath. The investment is supported by the Irish government through Enterprise Ireland. The new 25 million litre purpose-built plant will be set on a 47.5 acre site and will […]
Zeus, the Irish-owned global packaging solutions company, has announced a €27 million investment in new premises in Dublin and the UK. The investment will also lead to the creation of 80 jobs.
An investment of €15 million will see Zeus’ Dublin presence double in size to 250,000 sq ft, with the creation of 50 new jobs. Zeus […]
An Taoiseach Leo Varadkar, TD (pictured above left), has officially opened AllinAll Ingredient’s new state-of-the-art manufacturing and Research and Development facility in Rosemount, Dublin. The company, which has been in the food industry for over 20 years, develops and manufactures ingredients, sauces and blends for the processed food market. Its R&D lead team have developed […]
McArdle Skeath, one of Ireland’s leading supply chain management providers, has opened its new 12,500 sq m temperature controlled storage facility in Hollystown, Dublin 15. The supply chain facility represents a €20 million investment by McArdle Skeath and is strategically positioned to service the nutritional and bio-tech sectors. The company, 50 years in business this […]
IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2018. IDA expects that investments approved in the first half will lead to the creation of over 11,300 jobs as companies roll out their plans over the coming months and years. This compares with 11,000 over the […]
For the next long-term EU budget 2021-2027, the European Commission is proposing €100 billion for research and innovation. A new programme – Horizon Europe – will build on the achievements and success of the previous research and innovation programme (Horizon 2020) and keep the EU at the forefront of global research and innovation.
Commission Vice-President Jyrki Katainen, […]
ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt from a consortium of banks including the European Investment Bank (EIB), who are providing 50 per cent of the funding, as well as MUFG Bank, […]
Belfast-based Clinical Research firm, Fusion Antibodies has announced plans to create 28 new jobs. This recruitment drive, supported by Invest Northern Ireland, will help Fusion deliver its services to its growing international customer base.
The company’s antibody engineering technology assists in the development of novel biological molecules that are used as innovative drugs for human diseases including cancer, […]
Foods Connected is making a £1.7 million investment and creating 20 new jobs to help it increase its export sales and keep up with the growing demand for its services. The Londonderry-based software firm provides a range of cloud-based software tools to help companies in the food industry manage processes and information across Supplier Approval, Quality […]
AIG has extended its partnerships with Dublin GAA, Dublin LFGA and Dublin Camogie for a further five years. The announcement was made at Beann Eadair GAA Club in Howth, where juvenile members of the local club joined representatives from Dublin’s four inter-county senior teams. The current deal, which was agreed in November 2013, expires this […]
By 2040 the population of the Republic of Ireland will have reached 6 million, according to Eoghan Murphy TD, the Minister for Housing, Planning and Local Government. He added: “Where are these people going to live and how will they live?”
The Minister was the opening speaker at the 2018 National Construction Summit, which was held […]
Esri Ireland, the market leader in geographic information services, has invested €1.6 million to expand its operations and cater to increasing customer demand. This investment has funded the upgrade of Esri Ireland’s Dublin headquarters, the lease of new office space in Northern Ireland, increased headcount and enhancement of the company’s technologies and platforms.
Esri’s software solutions […]
Belfast-based software firm Fluent Technology is creating 18 new jobs to help grow sales in Great Britain and Europe. The indigenous software company specialises in grant management software (GMS) for private and public sector clients across the UK and Ireland.
Welcoming the investment, Brian Dolaghan, Invest Northern Ireland’s Director of Technology & Services, said: “Fluent Technology is nearly […]
University of Limerick (UL) recently unveiled a unique €2 million underwater robot at the docks in Limerick city. The Remotely Operated Vehicle (ROV) was officially launched by Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen TD.
The Science Foundation Ireland (SFI) funded ROV Étaín can operate in challenging […]
Maxol, Ireland’s leading family owned forecourt and convenience retailer, recently invested €350,000 at Maxol Ballycoolin to create Ireland’s first dedicated drive-thru Insomnia coffee offering. The recently expanded new offer saw the employment rate increase to a total of 60.
Since opening in May 2017, Ballycoolin has already proven its consumer appeal as the winner of the […]
The European Commission and the European Investment Fund (EIF) have launched a Pan-European Venture Capital Funds-of-Funds programme (VentureEU) to boost investment in innovative start-up and scale-up companies across Europe.
Europe boasts a wealth of talent, world-class researchers and skilled entrepreneurs, but it can do better at turning that excellence into success stories. Access to risk capital […]
The Carbon Trust has announced the launch of BLUE PILOT, a large-scale demonstration project aimed at reducing costs and underwater noise during construction of offshore wind farms as part of the Offshore Wind Accelerator (OWA). The BLUE PILOT project will deploy The BLUE Hammer, a new type of pile driver developed by Fistuca BV, a Dutch […]
Backspindle Games in Newtownards is implementing a Kickstarter campaign for its MourneQuest board game targeting the international hobby market. The MourneQuest board game is filled with creatures and characters from the Irish fantasy novel of the same name by Garry McElherron. It is the latest in a series of innovative board games that Backspindle has created […]
An EU-wide database that pulls together all available information on financing for European tech companies; that is one of the recommendations of a new report prepared by the joint European Commission–European Investment Bank (EIB) InnovFin Advisory. It is also suggested to create a tool that helps investors to better understand the technical and economic viability […]
Futurists predict that drone technology will soon significantly transform our daily lives, changing how we deliver and collect goods, giving us new ways to monitor and understand the world around us, and even revolutionising emergency services. However, the roll out of drone applications is currently hampered by a lack of innovative technologies that can guarantee […]
Pure Roast Coffee in Lisburn is doubling its workforce and boosting its capabilities to accommodate a growing customer base outside Northern Ireland. The business specialises in the roasting, packaging and distribution of coffee. Its supply agreements with a Swedish-owned company and global business in China have prompted this investment, which is being supported by Invest Northern […]
The Government has announced a €29.6 million investment by the Irish Research Council in “frontier research” projects. Thirty-six researchers will receive funding under the Irish Research Council’s new Laureate Awards to conduct ground-breaking research in the life sciences, physical sciences and engineering, and the arts, humanities and social sciences. Projects to be funded under the […]
TechConnect Live, Ireland’s largest technology event, is expected to attract over 3,000 visitors from across the Irish and international tech sector to the RDS, Dublin on 30th of May 2018. TechConnect Live provides a unique forum for technology companies, start-ups, investors and the largest Irish and global end users of technology and services in order […]
The Government has published the ‘Research Priority Areas 2018–2023’ report. Research Prioritisation, introduced by the Government in 2012, aligns the majority of competitively awarded public investment in research with 14 priority areas. Innovation 2020, Ireland’s strategy for research and development, science and technology, commits to reviewing the priority areas to ensure that they are still valid […]
Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020 will deliver a considerable number of infrastructural and housing projects that are of strategic importance to the County and the Region from both a social and an economic perspective. This will shape the development of […]
Over 96% of the lens volume produced by Bausch + Lomb, the global eye care specialist, at its plant in Waterford has been developed by the facility’s in-house R&D Laboratory, pointed out Joe Dowling (pictured above), R&D Director, Bausch + Lomb, Waterford, at the recent 2018 Research & Innovation Conference & Exhibition held at Citywest […]
Fine Grain Property, an Irish-Singaporean commercial property vehicle, is investing €35 million in a new office development for 400 staff at a Limerick business park used by IDA Ireland to attract technology multinationals.
The new four-storey development at the IDA National Technology Park in Plassey, 6km from Limerick city centre, will take 12 months to construct, Fine Grain […]
Ireland is represented in a major new international partnership to drive the global growth in green finance and sustainable investment, which was launched recently in London. Sustainable Nation Ireland, the body that promotes Ireland as hub for green finance, is part of the Northern European Partnership for Sustainable Finance (NEPSF), which was launched at its […]
Pilz, a leading global automation technology company, has opened a new €7.4 million software development centre in Cork. The opening of this state-of-the-art facility coincides with the 20th anniversary of the company’s presence in Ireland.
The new three story 2,500 sq m facility is located next to the existing Pilz Ireland building and doubles the capacity […]
Glanbia Ireland, Ireland’s leading dairy and agri-business company, has officially reopened its Wexford cheese plant following a major capital investment programme. The €35 million investment in the facility, just outside Wexford town, has been supported by the Government of Ireland through Enterprise Ireland since 2014 and has doubled peak capacity at the plant.
Glanbia Ireland is […]
Edwards Lifesciences Corporation, the global leader in patient-focused innovations for structural heart disease and critical care monitoring, has announced that the company, headquartered in Irvine, California, USA, has chosen the Mid-West of Ireland for the location of a new plant to manufacture delivery components for its transcatheter heart valve therapies. This new addition to Edwards’ […]
Global Payroll Software company, Payslip, has announced a €1 million investment, led by Frontline Ventures and AIB, and leading technology investors, Tribal, HBAN Bloom Equity, WxNW Syndicate & Enterprise Ireland.
Payslip delivers innovative global payroll management software to multi-national enterprise clients. Payslip enables multi-national Global Payroll Teams to manage all data and workflows, internally across functions […]
Half way through the implementation of the EU’s action plan for a maritime strategy in the Atlantic, an independent study finds it has spurred over 1200 new maritime projects and nearly €6 billion of investments so far. Most projects target environmental protection and innovation, as well as improved connectivity and social inclusion.
Examples include the development of marine renewable energy […]
Takeda Pharmaceutical Company is to create up to 70 new jobs and invest €25 million in the construction of a new regenerative medicine facility at its site in Grange Castle. The investment by Takeda will expand their Grange Castle site’s existing footprint, with the construction of a new standalone modular cell therapy facility dedicated to […]
The 2018 Research and Innovation Conference & Exhibition, being held on Wednesday, 14th March 2018 at the Citywest Convention Centre, Dublin, will feature an impressive line-up of industry leaders, academics and government agencies who will engage in a stimulating blend of key note addresses and debates.
Designed to foster collaboration between industry, academia and government agencies, […]
An Taoiseach, Leo Varadkar TD, was joined by Peggy Johnson, Executive Vice President, Microsoft Corporation; Cathriona Hallahan, MD, Microsoft Ireland; and Martin Shanahan, CEO, IDA Ireland at the recent official opening of the company’s new 34,000 sq m campus, One Microsoft Place, in Leopardstown, County Dublin. The opening of the building marks an important milestone […]
Dublin’s Guinness Enterprise Centre (GEC) has been named as the World’s Top Business Incubator, Collaborating with University, 2018. The award was presented to the GEC at the recent UBI Awards and Recognition Gala ceremony at the World Incubation Summit in Toronto, Canada. The GEC saw off strong competition from more than 1,300 incubators worldwide, which […]
MSD is to develop a new biotechnology facility in Dublin, with the expected creation of up to 350 new jobs. Known as MSD Biotech, Dublin, the facility will be constructed on an existing MSD-owned property, the site of its former facility in Swords, Co. Dublin.
Commenting on the announcement, the Minister for Business, Enterprise and Innovation, […]
Affidea, Europe’s leading diagnostic imaging provider, is investing in Ireland and has officially opened its first ExpressCare clinic in Ireland in the Elysian building in Cork City to serve the people of Cork and surrounding areas. An Tánaiste and Minister for Foreign Affairs and Trade Simon Coveney TD, attended the opening of Affidea’s new state-of-the-art […]
Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has announced an investment of €8 million as part of the development of its quarry in Knocknacran, Co. Monaghan. The development will see Gyproc recommence operations in the quarry, ensuring it has access to a long-term supply of gypsum rock, the mineral […]
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