Industry & Business

Investment

EIB Backs €35 Million Social and Climate Investment Across Cork County

    EIB Backs €35 Million Social and Climate Investment Across Cork County

The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social Sustainability Investment Programme. This represents the first element of an

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€20 Million Investment By JCD Group Boosts Blarney Business Park

    €20 Million Investment By JCD Group Boosts Blarney Business Park

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

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EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

    EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also finds that investment in climate change mitigation is lower than

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

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

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

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90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

    90 Jobs Announced at Irish Manufacturer Following €7.5 Million Investment

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

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

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

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

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£3 Million Development to Boost Tourism in Castlewellan

    £3 Million Development to Boost Tourism in Castlewellan

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

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New €20 Million Dairy Powders Plant Opens in Monaghan

    New €20 Million Dairy Powders Plant Opens in Monaghan

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

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First New Nursing Home in €250 Million Healthcare Investment

    First New Nursing Home in €250 Million Healthcare Investment

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

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

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

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

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

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

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

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Travelport to Invest in New Inside Sales Centre in Dublin

    Travelport to Invest in New Inside Sales Centre in Dublin

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

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Buchanans New Nut Factory Generates £1 Million GB Success

    Buchanans New Nut Factory Generates £1 Million GB Success

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

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Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

    Gamma Location Intelligence Launches Perilfinder™ Platform in the UK

Gamma Location Intelligence, the leading location intelligence services provider in Ireland, is launching its Perilfinder™ software platform in the UK and projects the move to generate €3 million in new

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€40 Million EIB Backing For An Post Transformation

    €40 Million EIB Backing For An Post Transformation

A new €40 million, 10-year European Investment Bank (EIB) loan to An Post has been formally announced in Dublin. More than €82 million of new investment by An Post over

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

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

OpenSky, Ireland’s leading GovTech transformation specialist which provides automated solutions to public sector bodies, has launched its new Research Projects Division. Headquartered in Naas, Co Kildare, OpenSky plans to invest in

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Two New Equity Funds For Investments in Innovative SMEs

    Two New Equity Funds For Investments in Innovative SMEs

Invest Northern Ireland has launched two new Equity Funds offering investments to innovative high growth potential SMEs. The TechStart II Seed Fund and Crescent Capital IV Development Fund have been

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Enet to Open New €1 Million HQ Facility in Limerick

    Enet to Open New €1 Million HQ Facility in Limerick

Enet, Ireland’s largest wholesale, open-access network provider, is investing €1 million in a new state-of-the-art headquarters facility in Limerick. The business, which has offices in Limerick and Dublin, will move

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Kevin Holland Appointed Chief Executive of Invest Northern Ireland

    Kevin Holland Appointed Chief Executive of Invest Northern Ireland

Invest Northern Ireland has announced the appointment of Kevin Holland (pictured) as Chief Executive to replace Alastair Hamilton who is stepping down from the role after ten years in the

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

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

Aflac Incorporated, a US-based insurance company with business in the United States and Japan, plans to create 150 jobs as it opens a new technology innovation centre in Northern Ireland.

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Classic Mineral Water to Invest £3.7 Million and Triple Workforce

    Classic Mineral Water to Invest £3.7 Million and Triple Workforce

Lurgan-based Classic Mineral Water is investing over £3.7 million in its soft drinks manufacturing business, to drive growth. This will create 39 new jobs, almost tripling the company’s current workforce.

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Invest NI Opens New London Hub

    Invest NI Opens New London Hub

Invest Northern Ireland has opened a new trade, investment and innovation hub in London city to support Northern Ireland businesses to drive exports and increase competitiveness. The hub, which will give

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

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

EirGrid Group has launched a new five-year strategy aimed at transforming the electricity system on the island of Ireland for future generations. The strategy will ensure that renewable energy accounts

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

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

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

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

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

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

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

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

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

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Grafton Merchanting ROI Rebrands to Chadwicks Group

    Grafton Merchanting ROI Rebrands to Chadwicks Group

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

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Bitwise Invests in Software Centre of Excellence in Northern Ireland

    Bitwise Invests in Software Centre of Excellence in Northern Ireland

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

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Valeo Foods to Expand With £66 Million Acquisition

    Valeo Foods to Expand With £66 Million Acquisition

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

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

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

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

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

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

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

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Around Noon Announces New Jobs in Significant Investment

    Around Noon Announces New Jobs in Significant Investment

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

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

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

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

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New Cruise Terminal Opens in Belfast Harbour

    New Cruise Terminal Opens in Belfast Harbour

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

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

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

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

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

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

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

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Lidl Opens 200th Store on the Island of Ireland

    Lidl Opens 200th Store on the Island of Ireland

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

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Lagan Investment’s Acquires Majority Stake in GB Business

    Lagan Investment’s Acquires Majority Stake in GB Business

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

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Completion of €233 Million Center Parcs Longford Forest Project

    Completion of €233 Million Center Parcs Longford Forest Project

An Taoiseach, Leo Varadkar TD, has officially marked the completion of the landmark €233 million forest resort – Center Parcs

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Takeda Ireland Opens New Innovative Manufacturing Site in Dublin

    Takeda Ireland Opens New Innovative Manufacturing Site in Dublin

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

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

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

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

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Dowds Group to Create 68 New Jobs in Construction Sector

    Dowds Group to Create 68 New Jobs in Construction Sector

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

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

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

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

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

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

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

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

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

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

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SaaS Firm Futrli Announces £5.5 Million Delivery Centre in Belfast

    SaaS Firm Futrli Announces £5.5 Million Delivery Centre in Belfast

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

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

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

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

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Davison Canners Grows into New Markets

    Davison Canners Grows into New Markets

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

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Construction Works Begin on €325 Million WuXi Biologics Dundalk Facility

    Construction Works Begin on €325 Million WuXi Biologics Dundalk Facility

The new €325 million state-of-the-art WuXi Biologics facility has begun to take structural form as steel erection begins on the

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OpenSky to Create 80 Jobs After €2.5 Million Investment in Expansion

    OpenSky to Create 80 Jobs After €2.5 Million Investment in Expansion

OpenSky, Ireland’s only GovTech transformation specialist which provides process automated solutions to public sector bodies, has announced that it has

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Equinix Announces 12 New Data Centres in $1.7 Billion Expansion Programme

    Equinix Announces 12 New Data Centres in $1.7 Billion Expansion Programme

Equinix, the global interconnection and data centre company, will open 12 new International Business Exchange™ (IBX®) data centres and expand 23 existing IBX data

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Energia Group Agrees €44 Million Debt Finance Package For New Bioenergy Plant

    Energia Group Agrees €44 Million Debt Finance Package For New Bioenergy Plant

Energia Group, one of Ireland’s leading energy providers and infrastructure investors, has agreed a €44 million debt finance package with Allied

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Allergan Accelerates Expansion in Ireland With €65 Million Investment

    Allergan Accelerates Expansion in Ireland With €65 Million Investment

Global life-science innovation leader, Allergan, which is headquartered in Ireland and operates four facilities here, has announced a €65 million

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Beotanics Builds New €1 Million R&D Centre

    Beotanics Builds New €1 Million R&D Centre

Crop producer Beotanics is investing €1 million in a new research and development centre at its offices in Stoneyford, County Kilkenny. The

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Biggest Ever Peer to Peer Loan in Ireland Launched

    Biggest Ever Peer to Peer Loan in Ireland Launched

Propertybridges.com, Ireland’s peer to peer lender to the property development marketplace, has launched its biggest loan so far – €750,000

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EcoOnline Expands Irish Presence in Limerick

    EcoOnline Expands Irish Presence in Limerick

EcoOnline has officially opened a new 7,000 square ft office in Limerick, doubling its office space in an ongoing commitment

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Strong Start For Irish Commercial Property Investment

    Strong Start For Irish Commercial Property Investment

Irish commercial property investment reached more than €609 million in Q1 2019 marking a strong start to the year, according

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Gyproc Continues Monaghan Investments With New Work at Knocknacran

    Gyproc Continues Monaghan Investments With New Work at Knocknacran

Following a competitive tendering process, Gyproc Ireland, which mines gypsum at Knocknacran quarry for use in its factory in Kingscourt,

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