McKeever Hotel Group, one of Northern Ireland’s largest family hotel groups, is undertaking a multi-million pound investment designed to revitalise the Dunadry Hotel to a four star, luxury business and leisure venue. The acquisition of the Dunadry Hotel last year was the 5th property to be added to the McKeever Hotel Group portfolio which, also purchased […]
Whitbread, the owner of the Premier Inn hotel chain, has secured planning permission for a 97 -bedroom Premier Inn hotel at 41–46 South Great Georges Street, in its first site in Dublin city centre. The decision represents the first step towards fulfilling Whitbread’s requirement for between 1,500 to 2,000 Premier Inn bedrooms in Dublin, with […]
TINE Ireland, a subsidiary of the Norwegian dairy co-operative TINE, has awarded the construction of a new Jarlsberg® cheese production facility and administration building at Mogeely, County Cork, to BAM Ireland. The contract value is more than €25 million. TINE is Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and […]
The new UK Government hub planned for New Waverley in the heart of Edinburgh’s Old Town, which is being constructed by Northern Ireland-based design and build company McAleer & Rushe, has reached a significant milestone with the official ‘Topping Out’ of the office scheme. The project which is transforming a UNESCO Heritage site, in one […]
Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform; and Lord Mayor of Dublin, Nial Ring have turned the sod for the development of the first phase in the Regeneration of O’Devaney Gardens in Dublin. The first phase will deliver 56 social homes with […]
John Sisk & Son (Sisk), the innovative, engineering and construction company with extensive operations across Ireland, the United Kingdom and mainland Europe, has reported a strong outcome for its 2017 financial year in both profitability and business development.
Although turnover decreased by 5% to €792.2 million for the year ended 31 December 2017, pre-tax profit increased […]
The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container Terminal development in Ringaskiddy. The Cork Container Terminal will initially offer a 360 metre quay with 13 metre depth alongside and will enable larger ships to berth in Ringaskiddy. The development also includes the construction […]
Northern Ireland-based developer and contractor McAleer & Rushe has been awarded the prize for ‘International Project of the Year’ at the Irish Construction Industry Awards for Global Student Accommodation’s 1000-bed Catherine House scheme in Portsmouth. The awards, now in their fifth year, recognise companies which demonstrate excellence and innovation in Ireland’s construction industry. McAleer & […]
College Group is to invest €10 million in building a new renewable energy facility producing biofuel from used cooking oil and animal fats in north County Meath. The investment is supported by the Irish government through Enterprise Ireland. The new 25 million litre purpose-built plant will be set on a 47.5 acre site and will […]
ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt from a consortium of banks including the European Investment Bank (EIB), who are providing 50 per cent of the funding, as well as MUFG Bank, […]
As it marks 30 years of business, Specialist Joinery Group is recruiting 52 additional staff as part of a multi-million pounds investment. The investment included a major extension to its factory in Maghera which now spans three acres.
The bespoke joinery and fitted furniture manufacturer is expanding its workforce to help grow its business in Great Britain and Europe. […]
The Ireland Chapter of Project Management Institute (PMI), the largest professional organisation for project managers in Ireland with over 1,300 members, has released its inaugural Annual Index Survey. The national survey completed by members across industries such as IT, construction, pharmaceuticals, and financial services outlined that almost 75% of Irish project management leaders had projects negatively impacted […]
The Carbon Trust has announced the launch of BLUE PILOT, a large-scale demonstration project aimed at reducing costs and underwater noise during construction of offshore wind farms as part of the Offshore Wind Accelerator (OWA). The BLUE PILOT project will deploy The BLUE Hammer, a new type of pile driver developed by Fistuca BV, a Dutch […]
Atlas Copco Ireland, the country’s leading total solutions provider for compressed air and industrial gas markets, has officially opened its new state-of-the-art headquarters in Dublin. The building is an ample 560 m2 in size and will be the permanent new workplace for the company’s 32 local employees. The move provides a wide range of benefits, including […]
NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already […]
Esri Ireland, the market leader in geographic information services, has announced that Construction Information Services (CIS) has leveraged its digital mapping platform to present its members with a visual guide to construction projects around Ireland. 36,500 construction projects, worth €56 billion, are currently mapped on this visual platform.
CIS is Ireland’s leading construction intelligence service whose […]
The Rebuilding Ireland Home Loan, a new Government-backed mortgage for first-time buyers, will be available nationwide from local authorities from Thursday, 1 February 2018. The loan can be used both for new and second-hand properties, or to build your own home.
In line with Central Bank rules, a person or couple can borrow up to 90% […]
NI Water, the Department for Infrastructure, Education Authority and the Department of Education have announced that an innovative new rainwater garden to help reduce the risk of flooding has been completed at Clandeboye Primary School. £70,000 has been invested in the garden, which is an innovative flagship project for NI Water and the Department for […]
International hotel management company, The PREM Group, are preparing to enter the final phase of a major €6.5 million redevelopment of their latest acquisition, Cahernane House Hotel in Killarney. Purchased by the PREM Group in 2016, Cahernane House Hotel has undergone extensive renovations over the past 18 months in a bid to return the luxury […]
What does 2018 have in store for the Irish Hotels Market? JLL expects approximately 1,300 new hotel rooms to open in Dublin City, representing a +6.0% increase in current room supply. The first new hotel to open will be the Iveagh Garden Hotel (pictured above), which opens this month on Harcourt Street.
The summer will also see […]
Exeter Property Company has appointed contractors for the construction of a new 110,000 sq. ft. state-of-the-art logistics facility at Greenogue Business Park, just minutes from the Naas Road at Rathcoole. On completion, the company expects to employ over 200 people at the facility, whilst over 50 jobs will be created during construction.
“With the absence of […]
As construction activity on the much anticipated €233 million Center Parcs Longford Forest resort in County Longford ramps up, the company has announced it has formally awarded two major construction contracts to Dublin-based construction firm John Sisk & Son.
The contracts for the construction of the 470 lodges and 30 apartments as well as the state-of-the-art centre […]
Fingal County Council has signed a €70 million Framework Loan Agreement with the European Investment Bank (EIB) which will trigger a €180 million investment in strategic infrastructure projects within the county’s Capital Development Plan. This represents the first EIB support for county-wide investment in partnership with an Irish local authority for more than a decade […]
Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for an urban Ireland investment programme for the city. EIB will commit to €85million in lending to Limerick City and County Council to be spent on transforming the 1.62 hectare Opera Site in the city centre […]
The redevelopment of Páirc Uí Chaoimh has been voted national Engineering Project of the Year for 2017 at eighth Engineers Ireland Excellence Awards. The regeneration of the stadium, home of Cork City and County GAA activities since it was established in 1898, has resulted in a multi-purpose floodlit bowl-shaped venue that can accommodate a capacity […]
The Ireland Chapter of Project Management Institute (PMI) has announced the winners of the inaugural National Project Awards, sponsored by PwC. Derek Tierney of the Department of Finance won Project Professional of the Year at a gala dinner hosted by principal sponsor PwC. Pramerica scooped Project Management Office of the Year and the Royal College of […]
Microsoft announced on Friday plans to hire 600 people, according to IDA Ireland. Following the selection of Dublin as the location for one of four global Inside Sales Centres, 500 new roles have been created with immediate effect.
The Company also announced that it is recruiting a further 100 people across its existing operations in Ireland […]
OncoMark, a University College Dublin (UCD) spin-out company, announced on Wednesday that it has secured €2.1 million to fund the commercialisation of OncoMark’s lead product, OncoMasTR, which it plans to launch in 2018. OncoMasTR is a novel prognostic test for early-stage breast cancer that will reduce the number of breast cancer patients receiving unnecessary chemotherapy.
OncoMark CEO […]
Accenture announced on Friday plans to hire more than 300 technology and design professionals in Ireland this year. This includes 100 new roles at The Dock, the company’s multi-disciplinary research and incubation hub, which was officially opened the same day. The Dock has capacity for more than 200 professionals to co-create new services and solutions.
State agency Enterprise Ireland announced on Thursday that it invested €32 million in Irish start-ups in 2016 and supported a total of 229 start-up companies, the highest number to date in a single year. Investment was provided in the form of Competitive Start Funds (CSFs) and High Potential Start-Up (HSPU) funding.
Over 400 entrepreneurs and representatives […]
Curtiss-Wright’s Defense Solutions division announced on Wednesday that its Ireland-based facility has been selected by the prime contractor on the Vega-C Launcher System and GPM Development and Qualification Program for the European Space Agency (ESA), to provide a COTS-based telemetry data system for the new launcher.
At €4.5 million, this is the largest ESA related contract […]
Minister for Agriculture, Food and the Marine Michael Creed announced details of a €28 million Capital Investment Package for the ongoing development of Ireland’s Local Authority owned small harbour network in Monday.
In announcing the initiative the Minister said: “The €28m I am allocating for the 2017 Fishery Harbour and Coastal Infrastructure Capital Programme represents a […]
Bank of America Merrill Lynch, Davy and Deutsche Bank were appointed as ‘Global Coordinators’ to assist in a potential future Initial Public Offering (IPO) of AIB, the Department of Finance announced on Friday.
The appointments were made following a mini tender competition involving all of the members of Lot 3 of the Department’s Capital Markets Distribution […]
SIRO officially opened new offices in Carrickmines, Co. Dublin, on Monday. The ceremony was attended by Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor, who welcomed the creation of 60 new jobs by the company over the past 12 months. The company also announced that it will invest €150 million in its network rollout […]
Internet exchange operator UNIFI-IX switched on a new international internet exchange in Dublin on Thursday, making Dublin the fourth city to be connected to its 100 gigabit network.
The opening of the internet exchange will see five jobs created in the first twelve months, as well as an investment of €600,000. This is expected to rise, […]
Medical manufacturer West Pharmaceutical Services, Inc. announced on Tuesday, November 29, the completion of a 60,000 square foot expansion at its contract manufacturing facility near Mulhuddart, County Dublin. The expansion was initiated in response to customer demand for medical device manufacturing, especially in the area of diabetes.
West Pharmaceutical Services, Inc. manufactures packaging components and delivery […]
Providence Resources announced on Thursday, November 24, that a Stena IceMAX drill ship had been contracted to drill an exploration well at the Druid and Drombeg sites, about 220 kilometers off the southwest coast of Ireland. The Stena IceMAX is a modern, harsh-environment, dual-derrick drill-ship designed to operate in water depths of up to 3 […]
US surgical device provider Telefex opened its newly-constructed Global Operations and International headquarters in Athlone on Tuesday, November 15.
The 45,000 square-foot facility, located in the IDA Business & Technology Park, houses a laboratory and office space and is intended to serve as the location for Teleflex’s global operations. Teleflex has operated in Athlone since 2007, […]
FDT Consulting Engineers & Project Managers won the EnviroCom Award on Thursday, November 10, for engaging communities in environmental projects with less than 50 employees. Hosted by the Dún Laoghaire-Rathdown County Council, the 10th EnviroCom awards saw 130 guests attend the awarding ceremony at the Royal Marine Hotel.
FDT were given the award in recognition for […]
A €368m cross-city Luas line bid was settled in a High Court challenge during the process of settling the contract.
Don Cunningham, the Irish Rail’s director of infrastructure stated that the Dublin Airport needs to set aside a space for the Dart line.
The discount retailer, Dealz plans to open 20 new shops in Ireland in the next year even though profits are at a low at Poundland.
Today, Ulster Bank announced the winners of the RBS Skills and Opportunities Fund.
The Sustainable Energy Authority of Ireland (SEAI) has announced a total grant award of €4.3m to 15 new marine energy projects underway in 2016 under its Prototype Development Fund. The announcement was made as SEAI in conjunction with Enterprise Ireland hosts an “Ireland open for business” exhibition at the 6th International Conference for Ocean Energy […]
Enterprise Ireland has signed an agreement with the European Space Agency (ESA) to develop a Space Business Incubation Centre in Ireland. The signing took place during the Enterprise Ireland Trade and Investment Mission to Netherlands and Germany led by An Taoiseach, Enda Kenny TD.
The Space business incubator has the objective of supporting 25 start-up companies […]
Trinity College Dublin’s CONNECT Centre has signed a deal to begin a €1m telecoms research project, O’SHARE, to help people at large gatherings such as concerts and sporting events access consistent mobile internet and phone signal in the face of a surge in demand.
O’SHARE will be a four-year project and will be led by Dr Marco Ruffini, Assistant […]
Biotechnology company Amgen, which yesterday unveiled its €260m facility in Dún Laoghaire, has launched two science education courses aimed at reaching more than 53,000 students and hundreds of teachers.
Amgen and its philanthropic arm announced Amgen Teach and Amgen Biotech Experience, which aim to equip secondary school teachers with the skills to increase students’ literacy and […]
Creating game-changing technology, which will give consumers control over the personal data stored by online companies, is the goal of Waterford startup Sedicii.
The multi-award winning company is already trialling software which allows the identity of online shoppers to be authenticated without the need for a password to be exchanged and which thus reduces the amount […]
Vodafone Ireland is investing €7 million as it seeks to bring new data-centre services to customers. The move is part of Vodafone’s plan to beef up its cloud and hosting business in Europe.
The new services will include everything from co-location, managed hosting, private cloud and infrastructure as a service (IaaS). The firm said it is […]
Google is building a new data centre in Ireland and investing €150 million in the project.
The centre will be its second owned and operated data facility in Ireland; it leases a third.
There had been speculation last year that Google planned to open a new facility in west Dublin – following a planning application – to […]
Digital business company 6D Global Technologies is to open an office in Ireland, creating 60 jobs over three years.
The Nasdaq-listed firm, which offers business intelligence, web content management, digital creative, mobile apps and digital publishing, is targeting the European market for expansion. The Dublin office will serve customers of 6D Global outside the US, as […]
New network iD is set to shake up the Irish mobile market, with individually tailored plans it hopes will be popular with consumers.
The mobile phone network, which is owned by Dixons Carphone, claims it can save consumers an average of €166 per year with a flexibility that will allow personalised plans that can be changed […]
Petroceltic confirmed the tendering process has begun for engineering, procurement and construction services at the Ain Tsila development in Algeria.
The contract will cover a central processing facility, an industrial base, an administration/ accommodation base, well gathering system, and product export system.
A short list of companies has been compiled, which includes Daewoo Engineering & Construction, the […]
The conglomerate will dump the toll roads business which gave it its original name, along with its other interests into a holding company that will be named Altas Investments.
The wind energy division meanwhile will be transferred into a new company which will be named NTR Plc.
Altas will have a separate leadership team. Current NTR boss […]
Tullow said that gas production at Jubilee, which was halted last month due to technical issues, has resumed ahead of its initial mid-August forecast.
Exports restarted on August 3 and have increased to around 100 million standard cubic feet per day. Oil production has also returned to its previous rates.
Meanwhile the firm said that it had […]
Nokia is hiring software experts, testing new products and seeking sales partners as it plots its return to the mobile phone and consumer tech arena it abandoned with the sale of its handset business.
Once the world’s biggest maker of mobile phones, the Finnish firm was wrongfooted by the rise of smartphones and eclipsed by Apple […]
The company said it will test it in the United States later this year.
The plane will weigh about 880 pounds (400 kg), said Yael Maguire, the company’s engineering director of connectivity. It will hover between 60,000 feet and 90,000 feet (20 and 30 km), above the altitude of commercial airplanes, so that it is not […]