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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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, […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
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 […]
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. […]
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 […]
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, […]
Kildare-based technology firm vCloud.ie has invested €300k in what it describes as a “cutting edge” cyber security product. The product is the first of its kind currently available globally.
Designed to protect operating systems and online facing services, the product can withstand hundreds of thousands attacks per minute, surpassing other online security systems.
“We expect the frequency […]
IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2017. Investments approved by IDA in the first half will lead to the creation of over 11,000 (9,100 in 2016) jobs as companies roll out their plans over the coming months and years. Ireland won 114 projects […]
Musgrave has announced its results for the financial year 2016. The Group reported sales of €3.7 billion and profit before tax of €73 million. Net cash was €121 million and shareholder funds were €249 million at year end.
Commenting, Chris Martin, Musgrave Chief Executive said: “2016 saw a strong performance by Musgrave benefitting from investment in […]
Tourism Ireland has announced details of its new promotional campaign to leverage the tourism benefits of the upcoming Women’s Rugby World Cup. The announcement was made as the Women’s Rugby World Cup 2017 Trophy Tour arrived in the Tourism Ireland office in Dublin.
Tourism Ireland is urging rugby fans and potential visitors everywhere to come for […]
HBAN, the all-island group responsible for the promotion of business angel investment in Ireland, today announces that it won the Best Business Angel Week Award at the EBAN (European Business Angel Network) Gala Dinner Awards Ceremony held inMálaga, Spain on Thursday, 8th June.
HBAN, a joint initiative of InterTradeIreland and Enterprise Ireland, won the prestigious European accolade based on […]
On Thursday the 6th of July a regional information session will be hosted by Enterprise Ireland for those interested in obtaining further information, and those who may be interested in submitting applications under the new Regional Enterprise Development Fund. The event will take place at The Red Cow Hotel, Dublin from 1.30pm to 3.30pm. Attendance […]
Bank of China has announced the opening of its Dublin branch, in a sign of the growing importance of economic relations between Ireland and China. The Bank of China’s internationalisation strategy has seen it establish branches or subsidiaries in 16 countries within Europe.
The branch was officially opened at a ceremony held in Dublin, which was […]
Retail Ireland, the Ibec group that represents the sector, has joined forces with the British Retail Consortium and the Northern Ireland Retail Consortium to explore the implications for the sector arising from Brexit. They will meet in Dublin with a number of Government Departments, consumer advocates and individual retailers to seek solutions to mitigate the […]
Commenting on figures published today by the CSO for overseas visitors to Ireland for January to May, Niall Gibbons, CEO of Tourism Ireland, said: “I am pleased to see growth of more than +3% for the five-month period January-May, coming on the back of a record performance in 2016 and years of solid growth in […]
GSK has announced the opening of an €8 million investment project at its manufacturing site in Dungarvan. The facility was officially opened Friday 23 June, by Site Director Brian Fox. The investment has been utilised to develop a new purpose-built biomass energy facility which is expected to reduce the site’s carbon emissions by up to […]
Eurotek, the Irish owned specialist provider of audio-visual solutions to companies nationwide and across the world, has designed and installed a new state of the art digital signage network at Ulster Rugby’s Kingspan Stadium in Belfast. The new system enables Ulster Rugby to deliver live match footage and tailored visitor information to 96 screens across […]
Chaucer, the specialist insurance group, has announced that the Central Bank of Ireland has approved the formation of a Dublin-based company that will trade under the name of Chaucer Dublin (incorporated in Ireland as Chaucer Insurance Company DAC) to write international specialty insurance and reinsurance business.
Chaucer Dublin, which plans to write a broad range of […]
Finola Cliffe of HookeBio has been presented with the “One to Watch Award” at Enterprise Ireland’s Big Ideas 2017. HookeBio was one of ten investor-ready start-up companies to pitch their new technology solutions to investors at Enterprise Ireland’s annual showcase of start-up innovation emerging from higher education institutes at the Royal Hospital Kilmainham, Dublin.
The award […]
With an ambition to double the number of sports tech companies operating in Ireland by 2020 SportsTech Ireland laid out ambitious plans when launching at King John’s Castle in Limerick recently. “We want to target at least 10 international companies operating in this space to establish a base here in that same period and help to […]
The Small Firms Association (SFA) today released new data on the finance and investment priorities of small firms. Launching the new data, SFA Chair, Sue O’Neill, stated: “It is very positive to see that 51% of SFA members are growing and 72% intend to invest in their business over the coming year. This is up […]
Dublin BIC today announces the opening of its new start-up hub and co-working facility, Space@DublinBIC, as an affordable office solution for entrepreneurs, freelancers and start-ups. Situated on the first and second floors of 61 Dawson Street, Space@DublinBIC has capacity for 200+ people.
Established by Dublin BIC, the organisation providing a comprehensive range of supports to early-stage […]
Paddy MacDonagh and Chris Bogues, students from National University of Ireland, Galway (NUIG), have won the overall Enterprise Ireland Student Entrepreneur of the Year Award and have been named ‘College Entrepreneur of the Year 2017’. The winning entrants beat off stiff competition with their project ‘Coachbook’, an online platform for riding coaches to train horse riders […]
International law firm Pinsent Masons has announced plans to open in Dublin in a move which will see the firm open its fourth international office in less than 18 months. The office will focus on the Financial Services and Technology sectors initially. A team of three eminent practitioners in Dublin will found the new practice including Gayle […]
The Thrive Project, a partnership between Coca-Cola and Enterprise Ireland has officially been launched as seven entrepreneurial founders flew to Coca-Cola’s headquarters in Atlanta for an intense three-day boot camp. The boot camp is part of a six month programme developed to inspire and support ambition amongst some of Ireland’s fastest growing food and drink […]
The Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor, Minister for Finance Michael Noonan and Northern Trust have announced that the company is to further expand its operations in Limerick by adding up to 400 new jobs over the next five years.
The expansion is supported by the Department of Jobs through IDA Ireland and […]
Pure Telecom has announced it has signed a €1.75 million two-year deal with sales agency DSM. The deal will allow DSM to recruit 15 sales representatives, who will be tasked with growing Pure Telecom’s business across the country, with a particular focus on rural Ireland.
Pure Telecom has agreements with several of Ireland’s major wholesale telecoms […]
A total of €1.5 million in start-up funding will be available from Enterprise Ireland when two Competitive Start Fund (CSF) competitions open for applications on Wednesday 21 June 2017.
Up to 30 successful applicants will receive high-level business development support and an investment of up to €50,000 each through the Regional Entrepreneurship and Fintech CSFs. Enterprise […]
One of Cork’s most historic hotels, the Metropole, is set to get a €50 million investment that will double its rooms tally, add shops at ground level and see the construction of another three-star hotel to be called The M.
The two linked hotels will have 400 bedrooms, making “The Met” the city’s largest guest complex. […]
Security specialist company Netwatch is set to open a new office in Chicago. The move will create 15 new jobs in the area. The company has chosen Chicago as its North-western location as it is one of the fastest growing regions in the USA for its transportation and logistics hub, built around Chicago O’ Hare […]