Industry & Business

Investment

Minister Halligan congratulates ENBIO on €1.5m win from Horizon 2020

    Minister Halligan congratulates ENBIO on €1.5m win from Horizon 2020

John Halligan, Minister of State for Training, Skills & Innovation has congratulated ENBIO, an Irish SME with facilities in Dublin and Clonmel, Tipperary on winning €1.52 million from the European Commission to develop a green alternative to the toxic chemicals necessary to coat metals.
Their work will be focused initially on the space sector but has […]

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Iarnród Éireann to seek innovative solution to prevent bridge strikes

    Iarnród Éireann to seek innovative solution to prevent bridge strikes

Iarnród Éireann Chief Executive, David Franks was joined by Enterprise Ireland’s Executive Director of Global Business Development, Kevin Sherry at Amiens St. bridge recently to mark the invitation for tenders for bridge warning, prevention and pre emptive systems/technologies for Iarnród Éireann.
This tender process was designed jointly by Iarnród Éireann and Enterprise Ireland through Small Business […]

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C&C to acquire stake in UK pub group

    C&C to acquire stake in UK pub group

C&C Group plc has announced that in partnership with Proprium Capital Partners & Admiral management, it has agreed to acquire the entire issued share capital of Admiral. The equity investment by C&C is £37m and represents 47% of the issued capital of Admiral. It will be funded from existing C&C facilities and Admiral will be […]

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EMR selected by Irish Water to upgrade telemetry networks in €1m deal

    EMR selected by Irish Water to upgrade telemetry networks in €1m deal

SCADA network and mobile telecommunications supplier, EMR Integrated Solutions has announced it has been selected by Irish Water to upgrade its telemetry networks in Waterford and Leitrim, in a deal valued in excess of €1m.
The upgrade plays a significant role in the battle against ‘unaccounted for water’, giving Irish Water greater monitoring capability and control […]

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€750k Enterprise Ireland fund opening for start-up applications

    €750k Enterprise Ireland fund opening for start-up applications

A Competitive Start Fund (CSF) competition worth up to €750,000 in funding from Enterprise Ireland will open for applications to early stage companies in manufacturing and internationally traded services on Wednesday 13 September 2017.
This is Enterprise Ireland’s seventh Competitive Start Fund in 2017 and is open to all sectors with a focus on agricultural, manufacturing, life […]

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EngageSmith invests €250,000 in development of Millennial Friendly Index

    EngageSmith invests €250,000 in development of Millennial Friendly Index

EngageSmith, the millennial specialist, has announced the launch of the Millennial Friendly Index that will certify how millennial friendly employers are. Designed with input from both millennials and industry, the Index is a software tool that enables organisations to increase millennial engagement and reduce attrition.
The Index rates organisations’ millennial friendliness across a range of criteria […]

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One51 earnings increase by 31% as Board agrees to recommence exploring IPO

    One51 earnings increase by 31% as Board agrees to recommence exploring IPO

Earnings at One Fifty One plc, a leading rigid-plastic packaging company, increased by 31.1% to €32.4 million in the six months ended 30 June 2017, on revenue which grew by 32.4% to €225.8 million when compared with the six month period to 30 June 2016. The increased revenues and earnings were primarily driven by strong […]

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Dublin offices drive Q2 investment

    Dublin offices drive Q2 investment

According to the latest quarterly report from BNP Paribas Real Estate, the continuing fall-off in the number of large commercial property assets being offered for sale in the Irish market saw turnover of €278 million recorded for the three-month period to the end of June.
While that level of transactional activity was low compared to previous […]

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Investment in infrastructure must be priority for government

    Investment in infrastructure must be priority for government

ISME, the Irish Small and Medium Enterprises Association, at the release of the CSO Earnings and Labour costs figures recently, called for greater investment in our public infrastructure and more cost competitiveness. The Association highlighted in its pre-budget submission the need for Government to target infrastructure at 4% of GNI and improve our cost competitiveness.
Average weekly earnings […]

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Top tech players invest €40m in Cubic Telecom

    Top tech players invest €40m in Cubic Telecom

Cubic Telecom, a global Internet of Things (IoT) connectivity platform company, has announced the close of a €40m Series C investment round. The new investment, which brings the total funding to €75m, is funded by four participants including previous investors Qualcomm Incorporated and Audi Electronics Venture GmbH, a subsidiary of AUDI AG. New investors include Valid Soluciones Tecnologicas SAU and Ireland Strategic […]

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New appointment at Ward Solutions

    New appointment at Ward Solutions

Information security provider Ward Solutions has announced the appointment of Orlagh Moylan as Business Development Executive. Orlagh’s key role will be to identify new business opportunities and build existing client relationships.
With over 12 years’ team management and commercial experience in the technology sector, Orlagh brings an understanding and depth of experience to her new position […]

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Construction of North-South Interconnector is vital – Ibec

    Construction of North-South Interconnector is vital – Ibec

Ibec has welcomed a High Court ruling in favour of An Bord Pleanála which should pave the way for the commencement of work on the long delayed but vital North-South Electricity Interconnector. It is time now for all TDs, political parties and other stakeholders to get behind this project and ensure its delivery as a […]

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Global medtech market to be worth €475bn by 2018

    Global medtech market to be worth €475bn by 2018

Ireland must seize the opportunities being created by the continued growth in the global medtech market, expected to be worth €475 billion next year. That will be the key message from more than 30 leading medtech professionals, including CEOs, Fortune 500 business leaders and international experts, at “Medtech Rising: The Irish Medtech CEO Conference taking […]

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New ‘Erasmus Student Network’ booking platform launched at Ryanair

    New ‘Erasmus Student Network’ booking platform launched at Ryanair

Ryanair has launched a new dedicated booking platform in partnership with Erasmus Student Network, offering Erasmus students fare discounts, free bags and tailored travel offers.
Delivered as part of Year 4 of Ryanair’s “Always Getting Better” programme, this partnership offers Erasmus students a dedicated ESN booking platform where they can avail of:

15% flight discounts on the […]

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Irish SME develops app to help students connect with colleges

    Irish SME develops app to help students connect with colleges

Irish start-up StudyBundles has developed an app that helps CAO applicants connect with third-level institutions while they are deciding which college to attend. The CampusConnect app benefits students as they become immersed in college life before they step foot on campus, making the transition easier. For colleges and universities it helps them to convert student […]

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Lack and cost of accommodation biggest problem for tech firms

    Lack and cost of accommodation biggest problem for tech firms

While staff retention was the primary difficulty for Digital and Technology companies in 2016, this has become secondary to the fastest emerging problem in 2017 – the lack and the cost of accommodation. According to the latest market analysis and salary survey by recruitment group Prosperity, the enduring reality is that the Digital and Tech […]

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Ireland boasts active M&A sector despite global uncertainty

    Ireland boasts active M&A sector despite global uncertainty

The first six months of 2017 have proven to be a dynamic period for Ireland’s merger and acquisition (M&A) market and it is clear that Ireland continues to be an attractive destination for international investment. This is according to the mid-year William Fry Mergers & Acquisitions Review 2017, in association with Mergermarket, which was published […]

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Needham Coding Ireland to show own brand ‘N’ Series continuous ink jet printers for first time

    Needham Coding Ireland to show own brand ‘N’ Series continuous ink jet printers for first time

Newly established business, Co Westmeath-based Needham Coding Ireland Limited, which was formed following a merger between The Needham Group and long-standing Irish distributor, Advanced Coding Solutions (ACS), will be highlighting a wide range of continuous ink jet (CIJ), thermal ink jet (TIJ) and laser coding and marking equipment and associated printer inks and makeup at […]

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Entrepreneurship in Ireland at pre-recession levels with 35,000 new business owners in 2016

    Entrepreneurship in Ireland at pre-recession levels with 35,000 new business owners in 2016

One in every 23 people in Ireland (aged 18-64 years) is a new business owner, according to the Global Entrepreneurship Monitor (GEM) 2016 Survey of Entrepreneurship in Ireland which was published today. These figures are similar to the US and high compared to European countries.
Enterprise Ireland, supported by the Department of Jobs, Enterprise and Innovation, […]

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Irish Medtech Awards launched amid strong industry growth

    Irish Medtech Awards launched amid strong industry growth

Strong growth within the medtech industry is driving further investment and job creation. That’s according to a new survey published by the Irish Medtech Association, the Ibec group that represents the sector, to mark the launch of the Irish Medtech Awards which are jointly hosted with Enterprise Ireland and IDA Ireland.
The results of the Medtech […]

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Ward Solutions invests €300,000 to launch new GDPR consultancy service

    Ward Solutions invests €300,000 to launch new GDPR consultancy service

Leading information security provider, Ward Solutions, has announces that it has invested €300,000 to launch a new GDPR consultancy service for Irish businesses. The new service will help organisations around Ireland to achieve and demonstrate compliance with incoming General Data Protection Regulation, due to come into force on 25th May next year. Ward has established a […]

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Minister Doherty urges new fathers to claim Paternity Benefit

    Minister Doherty urges new fathers to claim Paternity Benefit

As the first anniversary of the introduction of paternity benefit approaches, Social Protection Minister Regina Doherty has launched an awareness campaign to encourage new or expectant fathers to apply for the two weeks payment from her Department. Employed and self-employed fathers with the correct PRSI contributions are entitled to receive paternity benefit.
Paternity benefit is available […]

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Edina Group announces new website launch

    Edina Group announces new website launch

Edina, a leading supplier, installer and maintenance provider for combined heat and power (CHP), gas, and diesel generation solutions, announced today the launch of its newly redesigned website.
The new Edina website (http://www.edina.eu) offers quick and easy access to essential information and features, whilst showcasing Edina’s technical expertise and full EPC/turnkey capabilities as a leading total […]

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Sanner invests in Bensheim production facility

    Sanner invests in Bensheim production facility

Sanner GmbH, a manufacturer of high-quality primary plastic packaging and medical devices, has successfully completed the expansion of its production facility in Bensheim. Fourteen new, state-of-the-art injection-molding machines were installed to improve production processes. With an investment of close to three million euros, Sanner has paved the way for future-oriented manufacturing at its headquarters.
One year […]

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Enterprise Ireland invests In IoT cloud platform

    Enterprise Ireland invests In IoT cloud platform

Venture capital fund, Suir Valley Ventures, has announced it has invested €750,000 into Wia, one of the leading Internet of Things (‘IoT’) cloud platforms. Wia’s IoT cloud platform enables developers to turn any type of sensing device into a secure, smart and useful application in a matter of minutes, generating considerable time and cost savings […]

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€3.5M govt fund to support community health projects

    €3.5M govt fund to support community health projects

The Minister for Health, Simon Harris TD has welcomed the recent announcement from the Department of Rural and Community Development of the approval of the 2017 Dormant Accounts Action Plan. Additional funding of up to €3.46 million is being made available to the Department of Health in the period 2017-2019 to support a range of […]

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Datapac announces 35 new jobs and €2.1m investment

    Datapac announces 35 new jobs and €2.1m investment

Technology solutions and services provider Datapac has announced it will create 35 new jobs at its location in Enniscorthy, Co. Wexford. The jobs are being created as part of a €2.1 million investment which is funding significant expansion and enhancement of ICT managed services at Datapac’s Network Operations Centre.
Established in 1982, Datapac provides a comprehensive […]

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Berkshire Hathaway specialty insurance opens Dublin office

    Berkshire Hathaway specialty insurance opens Dublin office

Berkshire Hathaway Specialty Insurance Company (BHSI), a firm owned by Warren Buffet, has announced it has established a new office in Dublin and appointed Cormac McNamara as Property & Casualty Manager, BHSI Ireland.
“Cormac will build our local team and lead our efforts to bring all of BHSI’s Southern European underwriting capabilities to Ireland,” said Tom […]

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Clive goes live in Dublin

    Clive goes live in Dublin

UK experiential brand company Clive has opened a new office in Dublin for our its Irish operation. Three full time jobs have immediately been created, with additional roles planned for later this year. 
Clive helps brands to ‘Communicate: Live’, engaging audiences through creative live events and digital communication solutions. The company has worked with some of the […]

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Send money with PayPal in Skype Mobile App

    Send money with PayPal in Skype Mobile App

PayPal and Skype users in 22 countries – including Ireland – can now send money from PayPal directly in their Skype mobile app. With this new app, people in Ireland can send money ‘in the moment’ to friends and family in Ireland and 21 other countries, including the United States and UK.
More than $7 million […]

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€11m funding for rural recreation projects

    €11m funding for rural recreation projects

Minister for Rural and Community Development Michael Ring has approved over €11 million in funding for projects under Measures 1 and 3 of the 2017 Outdoor Recreation Infrastructure Scheme.
The Scheme is part of the Government’s Action Plan for Rural Development and provides funding for the development of new outdoor recreational infrastructure and the maintenance, enhancement […]

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Synexa Life Sciences opens international HQ in Dublin

    Synexa Life Sciences opens international HQ in Dublin

Synexa Life Sciences, a global leader in biomarker services, has announced the opening of its international headquarters in Dublin. The new centre will be home to Synexa’s global business development activities and a new Bioinformatics Lab, and is expected to create up to 30 highly skilled jobs over the next five years.
Welcoming the decision by […]

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Minister Murphy approves further 70 Rapid Build Homes in Dublin City

    Minister Murphy approves further 70 Rapid Build Homes in Dublin City

Eoghan Murphy, Minister for Housing, Planning and Local Government, has approved the construction of 70 rapid delivery houses at three locations in Dublin City.  The houses will be built in Cherry Orchard, Ballyfermot (53 units) and in Rathvilly Park (13 units) and Woodbank Drive (4 units), Finglas.
The houses will comprise 39 three bedroom units and […]

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€85m extension at Bausch + Lomb adds 125 new jobs

    €85m extension at Bausch + Lomb adds 125 new jobs

Bausch + Lomb has announced that Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald, Minister for Business, Enterprise and Innovation have officially opened a €85 million extension at the company’s Waterford facility to help meet the consumer demand of its contact lens portfolio.
Valeant Pharmaceuticals International, the parent company of Bausch + Lomb, has invested more than €200 million in the […]

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BioMarin expands facility to manufacture medicine for rare genetic diseases

    BioMarin expands facility to manufacture medicine for rare genetic diseases

Simon Coveney, Minister for Foreign Affairs and Trade, has officially opened a new expansion at BioMarin Pharmaceutical Inc. in Shanbally, Co Cork. BioMarin has recently extended its site footprint to 20 acres as the company continues to experience a rise in the global demand for its therapies to treat rare genetic diseases that mostly affect […]

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“Propeller Shannon” Start-Up Accelerator at Shannon Airport launches

    “Propeller Shannon” Start-Up Accelerator at Shannon Airport launches

Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection, Pat Breen has launched the Propeller Shannon start-up accelerator programme, supported by Enterprise Ireland to further enhance the aviation and the aerospace start-up ecosystem within Ireland.
The Propeller Shannon start-up accelerator, a partnership between Shannon Group’s International Aviation Services Centre (IASC), DCU […]

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Dublin Port trade volumes increase 2.9% in first six months of 2017

    Dublin Port trade volumes increase 2.9% in first six months of 2017

Dublin Port Company has published its latest trade figures showing half-year growth of 2.9%, putting Dublin Port on track for a third successive record year. Overall, volumes in Dublin Port have grown by 28.8% in just five years.
Growth was driven by exports which were up by 4.4% with imports ahead by 1.9%. The first half […]

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40 new roles at Queens Uni as EU puts €9m into major energy hub

    40 new roles at Queens Uni as EU puts €9m into major energy hub

A new ‘virtual centre of competence’ is being created at Queens University in Belfast, after the EU’s INTERREG VA Programme pumped money into further bioenergy research. Billed with supporting cross-border research into bioenergy and marine-based renewable energy sources, the hub will see the creation of 40 new roles.
The €9.3m project will focus on heat, biogas […]

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New initiative for Irish SMEs

    New initiative for Irish SMEs

Crowe Horwath has partnered with Dublin Chamber to create the ‘Pinnacle Programme’, an initiative targeted at businesses with a turnover of at least €1 million and employing 10 or more staff.
The programme aims to support the leaders and owners of Irish SMEs in building lasting value in their businesses ensuring they achieve their full potential. […]

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Resources for Budget 2018 €400 million more than estimated

    Resources for Budget 2018 €400 million more than estimated

Ibec has called on the Government to show further ambition in meeting Ireland’s critical infrastructure and demographic needs. Launching the group’s Budget 2018 submission, Ibec said that the Government has more within its power to spend on investment in much needed infrastructure, education and training, if it so chooses.
Speaking at the launch of the submission, […]

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Irish companies exposing themselves to huge GDPR fines

    Irish companies exposing themselves to huge GDPR fines

AMI, one of Ireland’s leading secure IT retirement company, has revealed the results of a survey of senior IT decision-makers in Ireland, which found that almost one-third (32%) of organisations that use third-party IT retirement companies may be exposed to huge fines under the impending General Data Protection Regulation (GDPR) legislation. The companies admitted that […]

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NCC publishes Ireland’s Competitiveness Scorecard 2017

    NCC publishes Ireland’s Competitiveness Scorecard 2017

The National Competitiveness Council has published its annual benchmarking report, Ireland’s Competitiveness Scorecard 2017. The Scorecard provides a statistical assessment of Ireland’s competitiveness performance with regard to a range of countries with which we compete for trade and investment.
Based on the analysis herein, the Council finds that many facets of Ireland’s competitive performance continued to […]

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The journey towards Industry 4.0

    The journey towards Industry 4.0

Hartmut Pütz, President Factory Automation EMEA at Mitsubishi Electric Europe, talks about the digital transformation of industry. He focuses on the effects on manufacturing businesses, especially at a production level, and how customers will benefit from innovative Mitsubishi Electric solutions.
Manufacturing industry is currently undergoing a period of rapid change. In concrete terms this can be […]

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Belfast company set to revolutionise global weight loss industry

    Belfast company set to revolutionise global weight loss industry

Young tech firm Neurovalens has used Invest Northern Ireland support for research and development (R&D) to develop Modius, a weight loss device which combines neuroscience and technology to solve health issues. Neurovalens makes wearable technology which can modify metabolism rates, appetite and fat storage.
Congratulating the company, Invest NI’s Director of Innovation, Research and Development Dr […]

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‘Ireland’s stability seen as a strength in an uncertain world’

    ‘Ireland’s stability seen as a strength in an uncertain world’

Address by Martin D. Shanahan CEO, IDA Ireland at the MacGill Summer School
Uncertainty is the “mot du jour” or more accurately the “mot de l’année”. It pervades the global, the political, the economic, and the business environments and it is to the forefront of the minds of investors. This uncertainty is driven by geo-political developments, […]

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Visa and PayPal extend partnership to Europe

    Visa and PayPal extend partnership to Europe

Visa and PayPal have announced an extension of their strategic partnership to Europe. The two companies are already collaborating in the US and Asia Pacific to accelerate the adoption of secure and convenient online, in-app and in-store payments. This latest step brings the benefits of the partnership to European consumers and businesses.
Additionally, PayPal – under […]

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Colt and Equinix partnership brings power of cloud to heart of enterprise

    Colt and Equinix partnership brings power of cloud to heart of enterprise

Colt Technology Services has announced a strategic partnership with Equinix, Inc. to interconnect theColt IQ Network with Equinix’s cloud ecosystem.
Today, Colt enterprise customers already benefit from connectivity to public and private clouds including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform through Colt’s Dedicated Cloud Access service, and inter-data centre connectivity through Colt DCNet.
Thanks to […]

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HireUp wins in Enterprise Ireland Competitive Start Fund competition

    HireUp wins in Enterprise Ireland Competitive Start Fund competition

A new Irish company HireUp is solving a big problem for companies that are spending huge sums every year on recruitment fees. Hiring talent is a costly business with traditional recruitment agencies charging up to 30% of a first year salary. Experience and proven ability are attributes that are always in demand and especially now […]

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Barclays to continue passported activity post-Brexit

    Barclays to continue passported activity post-Brexit

Barclays has announced that it plans to use its licensed EU subsidiary to allow it to continue passported activity post-Brexit. Martin Shanahan, CEO of IDA Ireland said: “This announcement by Barclays to extend activities at their Dublin base is a further endorsement of Ireland’s strong offering to the International Financial Services Sector.
“Ireland’s access to the […]

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Unilever Foundry launches in Ireland

    Unilever Foundry launches in Ireland

Unilever has announced a new partnership between its global startup collaboration platform, Unilever Foundry and Dogpatch Labs, Ireland’s leading startup hub. The Unilever Foundry is a platform for startups and innovators to engage, collaborate and explore business ideas with Unilever and its 400+ brands. This partnership will provide a clear path for Irish startups to […]

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Ireland ranks 10th in overall global scientific ranking

    Ireland ranks 10th in overall global scientific ranking

Science Foundation Ireland has published its 2016 annual report, highlighting the significant impact achieved from the €184 million investment by the agency across its research programmes. The Foundation’s ongoing investments in outstanding research teams saw €169 million leveraged in 2016, comprising €71 million in EU funding, €45 million from private enterprise and €53 million from […]

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Matheson announces opening of San Francisco office

    Matheson announces opening of San Francisco office

Irish law firm Matheson has announced the opening of an office in San Francisco. With over 650 staff headquartered in Dublin, this expansion represents the firm’s third US office – and its fifth office globally. The opening is in response to the continually increasing client demand on the West Coast for Irish legal services, and […]

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Beazley plc to establish European insurance company in Dublin

    Beazley plc to establish European insurance company in Dublin

Insurance firm Beazley plc is to establish a European insurance company in Dublin. The company, which is an IDA Ireland client, will increase its European business from its Irish base. In order to expand its access to EU markets, Beazley plc has been granted a European insurance licence for its existing reinsurance company in Dublin. […]

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Retailers call for reform of local authority rates system

    Retailers call for reform of local authority rates system

Retail Ireland, the Ibec group that represents the retail sector, has launched a new policy paper entitled ‘Tackling the rates burden’. The paper highlights the serious deficiencies in the current system governing how local authority rates are levied and collected from retailers, resulting in over €200 million in uncollected rates each year. The retail sector […]

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Nearly 1,900 new company start-ups a month in first half of 2017

    Nearly 1,900 new company start-ups a month in first half of 2017

According to Vision-net.ie, new figures show that nearly 1,900 new company start-ups (1,878) were formed, on average, each month in the first half of 2017. This is an increase of 6% compared to the same period last year.
With the exception of June, company start-ups were up every month compared to 2016—including by almost 20% in […]

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Dundalk’s first SuperValu to open this autumn

    Dundalk’s first SuperValu to open this autumn

SuperValu has announced the creation of over 40 jobs at a new SuperValu store in Dundalk. Due to open in Autumn this year, the 17,600 squ feet store will be located in a new retail development at the former Fairways Hotel Site in Dundalk.

A further 70 jobs will be supported during the development’s construction phase. […]

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Ireland is fifth most open economy globally

    Ireland is fifth most open economy globally

According to ICC Ireland, Ireland is currently ranked fifth in the International Chamber of Commerce (ICC) Open Markets Index highlighting the importance of international trade for the Irish economy.
Commenting on the ICC Open Markets Index, Ian Talbot ICC Ireland Secretary General said: “Ireland ranks fifth globally, an improvement of one place since the last publication of this […]

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Major recruitment drive announced for Navan

    Major recruitment drive announced for Navan

Prepaid Financial Services (PFS) and its sister company eCOMM Merchant Solutions have announced that are launching a major recruitment drive to recruit for 28 jobs in Navan. HR Manager Lorna McCormack says: “We have a range of jobs to fill over the summer and autumn with positions in Software Development, Call Centre and Multilingual vacancies, […]

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