Industry & Business

Investment

Irish Manufacturing Renaissance in Peril

    Irish Manufacturing Renaissance in Peril

“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),

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Manufacturing Sector Represents Almost a Third of the Irish Economy

    Manufacturing Sector Represents Almost a Third of the Irish Economy

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

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Ireland’s Ocean Energy Test Facility Opens

    Ireland’s Ocean Energy Test Facility Opens

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

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Fáilte Ireland Ramps Up Brexit Preparations With €5 Million Investment

    Fáilte Ireland Ramps Up Brexit Preparations With €5 Million Investment

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

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Datapac Helps National Opera House Hit the Right Notes With €175,000 Sponsorship Deal

    Datapac Helps National Opera House Hit the Right Notes With €175,000 Sponsorship Deal

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

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€3.6 Billion of Investment in Irish Property Transacted in 2018

    €3.6 Billion of Investment in Irish Property Transacted in 2018

€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

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Hastings Hotels Invests in its 1,000 Strong Workforce

    Hastings Hotels Invests in its 1,000 Strong Workforce

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,

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HBAN to Sign Up 75 New Angels in 2019

    HBAN to Sign Up 75 New Angels in 2019

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

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Novi OneCloud Launched Following €150,000 Software Development Investment

    Novi OneCloud Launched Following €150,000 Software Development Investment

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

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Biotechnology Firm Visiblegy Plans to Quadruple Workforce in Omagh

    Biotechnology Firm Visiblegy Plans to Quadruple Workforce in Omagh

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

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Lowe Rental Aims High With New Website Targeting Global Sales

    Lowe Rental Aims High With New Website Targeting Global Sales

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

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EU Companies Increase Research Investments in Global Technological Race

    EU Companies Increase Research Investments in Global Technological Race

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

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EIB to Back €1.2 Billion Pan-European Renewable Investment Through Irish NTR Fund

    EIB to Back €1.2 Billion Pan-European Renewable Investment Through Irish NTR Fund

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

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Swedencare Expanding Operations in Ireland

    Swedencare Expanding Operations in Ireland

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

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IDA Ireland Launches ‘The Landing Space’ in Sligo

    IDA Ireland Launches ‘The Landing Space’ in Sligo

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

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Imperva Chooses Northern Ireland For New Technology Hub

    Imperva Chooses Northern Ireland For New Technology Hub

Imperva, a leading global provider of best-in-class cybersecurity solutions, is expanding its operations with a new office in Belfast, creating 220 new jobs. Imperva solutions use data, analytics, best-of-breed software,

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Fáilte Ireland Calls For Investment in Hotels Across Key Cities

    Fáilte Ireland Calls For Investment in Hotels Across Key Cities

Fáilte Ireland has highlighted major investment opportunities in hotel stock in key cities. Its latest report on the current and future availability of accommodation shows that there is significant opportunity

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SEAI Calls on Business Leaders to Invest in Energy Efficiency

    SEAI Calls on Business Leaders to Invest in Energy Efficiency

Ireland’s largest energy users saved €14.5 million in energy costs last year, that is according to the annual review released by the Sustainable Energy Authority of Ireland (SEAI). The review

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Healthcare Seating Manufacturer Motions Towards International Growth

    Healthcare Seating Manufacturer Motions Towards International Growth

Limavady-based Seating Matters is investing in a range of measures to grow export sales of its chairs across European and US markets. The family business works with leading healthcare organisations

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ApisProtect Receives €1.5 Million Investment Boost

    ApisProtect Receives €1.5 Million Investment Boost

ApisProtect, an Irish agtech innovator using the Internet of Things (IoT) to monitor honey bee colonies, has announced the close of a €1.5 million seed round of financing led by

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Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

    Guinness Enterprise Centre Invests €200,000 in CoConnect Initiative

Dublin’s Guinness Enterprise Centre (GEC) has invested €200,000 in its innovative new CoConnect initiative. The programme, a home-away-from-home for businesses and their employees, will build connections between the GEC and

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Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

    Bausch Health to Expand Contact Lens Manufacturing Facility in Waterford

Bausch Health Companies will invest to expand contact lens manufacturing capacity at its Bausch + Lomb sites in Waterford, Ireland and Rochester in the US. The company is adding multiple

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PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

    PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over 100 lenders piled into the 250k loan for a new

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European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

    European Investment Fund and Enterprise Ireland Double Business Angels Fund to €40 Million

The Department of Business, Enterprise and Innovation, the Government of Ireland, through Enterprise Ireland, and the European Investment Fund (EIF)

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Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

    Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

Following the landmark sale of his materials business to Breedon plc in April 2018, Kevin Lagan (pictured) has outlined his

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Facebook Expands Investment in Ireland

    Facebook Expands Investment in Ireland

Facebook has announced that it is expanding its investment in Ireland by acquiring a long-term lease of 14 acres for

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ILC Dover to Open New Production Facility in Cork

    ILC Dover to Open New Production Facility in Cork

ILC Dover, a global leader in flexible containment solutions for the pharmaceutical and biopharmaceutical industry, is expanding its Irish production

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HBAN Aims to Raise €10 Million From 50 Female Angels

    HBAN Aims to Raise €10 Million From 50 Female Angels

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and an initiative of Enterprise

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Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

    Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

daa has awarded the main construction contract for Dublin Airport’s new North Runway to a joint venture comprising Irish firm

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Property Bridges Launches Ireland’s First Peer to Peer Property Loans

    Property Bridges Launches Ireland’s First Peer to Peer Property Loans

PropertyBridges.com – a new Irish owned peer to peer property development company – has opened for business and has launched

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Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

    Diaceutics is Developing a Data Science Platform in Belfast to Improve Patient Diagnostic Testing Globally

Precision Medicine and diagnostics commercialisation service provider, Diaceutics, is investing £2 million in R&D to create a new data platform

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Citrix Opens New €6.7 Million Facilities

    Citrix Opens New €6.7 Million Facilities

With €6.7 million of investment, Citrix has officially opened its newly upgraded facility at East Point Business Park, which will

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Engineering Business Camlin to Create Almost 300 Jobs in £28 Million Investment

    Engineering Business Camlin to Create Almost 300 Jobs in £28 Million Investment

Engineering business, Camlin is creating 298 high value jobs as part of a £28 million expansion at its Lisburn headquarters.

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Ireland’s Nation Brand Booming – Brand Finance Report

    Ireland’s Nation Brand Booming – Brand Finance Report

Ireland’s nation brand continues to be one of the fastest-growing in the world, rising 26% in value year on year

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MSD Announces New Manufacturing Facility and 170 New Jobs For Carlow

    MSD Announces New Manufacturing Facility and 170 New Jobs For Carlow

MSD, known as Merck in the US and Canada, has announced that it will construct a second manufacturing facility at

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€100 Million Investment For Four Capital Developments at Trinity College Dublin

    €100 Million Investment For Four Capital Developments at Trinity College Dublin

Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing

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Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

    Irish Distillers to Invest €150 Million in Sites in Cork and Dublin

Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for

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CM Precision Components Opens New Purpose-built Factory in Downpatrick

    CM Precision Components Opens New Purpose-built Factory in Downpatrick

Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road

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Arkphire Secures New Investment

    Arkphire Secures New Investment

IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into

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Government Investment in Research & Development Amounts to Over €750 Million in 2018

    Government Investment in Research & Development Amounts to Over €750 Million in 2018

The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation,

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Glanbia to Acquire SlimFast For $350 Million

    Glanbia to Acquire SlimFast For $350 Million

Glanbia, the global nutrition group, has agreed to acquire SlimFast and other brands for $350 million from the owners KSF

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Telecoms Giant Colt to Invest €15 Million in Dublin City

    Telecoms Giant Colt to Invest €15 Million in Dublin City

Colt Technology Services has announced that it will extend its Colt IQ Network in the greater Dublin area with an additional

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Increased Funding For Business, Enterprise and Innovation

    Increased Funding For Business, Enterprise and Innovation

The Government has announced an increase in funding in Budget 2019 totalling €950.2m (+9.1%) for the Department of Business, Enterprise and Innovation. This

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Schrader Electronics Announces Multi-million Pound R&D Investment

    Schrader Electronics Announces Multi-million Pound R&D Investment

Schrader Electronics is investing over £14 million in Northern Ireland towards researching and developing products that address the increasingly complex engineering

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£30 Million Growth Loan Fund II Launched

    £30 Million Growth Loan Fund II Launched

Growth Loan Fund II, a £30 million fund to support SMEs in Northern Ireland with growth potential, has been launched

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HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

    HBAN’s MedTech Syndicate Leads €1.1 Million Investment in Ostoform

 HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of

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Australian Healthcare Software Company Opens EMEA Base in Cork

    Australian Healthcare Software Company Opens EMEA Base in Cork

HealthKit, the global cloud-based healthcare management platform, has opened its EMEA office in Cork. HealthKit has grown to over 28,000

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Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

    Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

Clayton Hotel Ballsbridge has unveiled the final elements of a major refurbishment that sees the hotel provide an enhanced offering

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Kerry Group Opens First Plant in Moscow

    Kerry Group Opens First Plant in Moscow

Kerry Group, the global taste and nutrition company, has opened its first plant in Russia, in the Istra district of

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Space Technology Business Expanding its Team

    Space Technology Business Expanding its Team

Belfast-based 3DEO NI is creating 33 highly skilled technology jobs over the next four years as it prepares to commercialise

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Global Sports Technology Firm to Create Over 200 New Jobs in Newry

    Global Sports Technology Firm to Create Over 200 New Jobs in Newry

STATSports is planning to create 237 new jobs over the next three years as part of aggressive growth plans to

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McKeever Hotel Group Renovates Dunadry Hotel in Multi-million Pound Investment

    McKeever Hotel Group Renovates Dunadry Hotel in Multi-million Pound Investment

McKeever Hotel Group, one of Northern Ireland’s largest family hotel groups, is undertaking a multi-million pound investment designed to revitalise the

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250 New Jobs Announced by Alchemy in Major Investment in Northern Ireland

    250 New Jobs Announced by Alchemy in Major Investment in Northern Ireland

Alchemy Technology Services has announced it is setting up a European Centre of Excellence in Londonderry. It will provide software

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Global Innovation and Transformation Consultancy Firm Expands Digital Team

    Global Innovation and Transformation Consultancy Firm Expands Digital Team

 PA Consulting, a global innovation and transformation consultancy with over 2,600 specialists worldwide, is continuing to expand and enhance its digital

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Slane Distillery Rolls Out First Barrel

    Slane Distillery Rolls Out First Barrel

Slane Distillery, the recently-opened whiskey distillery located on the historic grounds of Slane Castle in the Boyne Valley, has celebrated

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Maxol Opens Ninth Freshly Chopped

    Maxol Opens Ninth Freshly Chopped

Maxol, Ireland’s leading family owned forecourt and convenience retailer, continues its successful partnership with the award-winning food franchise Freshly Chopped,

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CRH Delivers Solid First Half Performance

    CRH Delivers Solid First Half Performance

Impacted by severe and prolonged winter weather conditions early in the year, CRH plc has reported sales of €11.9 billion

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€48 Million Investment Programme at Aurivo

    €48 Million Investment Programme at Aurivo

As a key component of its Engage 2022 strategic growth plan, Aurivo, the agri business headquartered in the north-west of

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