Industry & Business

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  • An Overview of the Irish Construction Pipeline A traditional barometer of the construction industry environment in Ireland is the number of cranes punctuating the Dublin skyline. “The crane count in Dublin reached a record 123 in March 2019 – the fifth consecutive month when the survey recorded a new high,” pointed out Tom Moloney, Managing Director of CIS (Construction Information Services), when [...]...
  • LEOs Unite to Create New Opportunity For Producers to Pitch to Top Food Buyers Local Enterprise Offices (LEOs) in local authorities from all over the country have joined forces to make an unprecedented investment in raising the profile of the country’s finest food producers. They have linked with The Irish Quality Food and Drink Awards to create a brand new ‘Meet the Buyer’ event, the first of its kind, [...]...
  • HNH Creates 14 Financial Services Jobs in Export-focused Expansion Belfast financial services company HNH is investing over £1.3 million to create 14 new jobs to help it capitalise on opportunities in the global financial advisory market. The firm currently offers corporate finance, business restructuring, forensic accounting, recruitment and human capital advisory services. It is now adding a transactions services division and a mergers and acquisition [...]...
  • Diaceutics Floats on the London Stock Exchange Diaceutics, which has offices in Belfast and Dundalk, has floated on the AIM market of the London Stock Exchange with a market capitalisation of £52.9 million. Founded by EY Entrepreneur of the Year 2018 finalist Peter Keeling, Diaceutics helps pharmaceutical companies reach more patients that need to be on better, targeted and potentially life-saving drugs. In [...]...
  • €31 Million Project Secured For Floating Wind Project Off the West Coast A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned  that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainable Energy Authority of Ireland (SEAI) test site near Belmullet, County Mayo, by 2022. The project is [...]...

Venture Capital Investment in Irish Tech Firms Fell by a Quarter in 2018

  Venture Capital Investment in Irish Tech Firms Fell by a Quarter in 2018

Funding into Irish technology firms fell by 25% to €739 million in 2018, according to the Irish Venture Capital Association VenturePulse survey published in association with William Fry. The fourth quarter of 2018 showed a decline in funding of 35% to €115 million, continuing the trend of previous quarters.
“However, the fourth quarter did contain some […]

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Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

  Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

The Guinness Enterprise Centre has unveiled an ambitious development plan for its landmark building on Taylor’s Lane in Dublin 8. Planning permission for the €10 million redevelopment and expansion has been lodged with Dublin City Council. 1,500 direct jobs are forecast for the next five years, while the Exchequer will also benefit from a €75 […]

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GW Plastics Increases Capabilities in Ireland

  GW Plastics Increases Capabilities in Ireland

GW Plastics, an industry-leading healthcare injection moulding and contract manufacturing company, is expanding its operations in Sligo, creating over 200 new jobs. GW Plastics  established its first European location with the purchase of Avenue Mould Solutions in 2017, and is growing its operation in response to increased customer demand in its medical device and drug delivery […]

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€760 Million Raised by NovaUCD Supported Companies Over the Last 15 Years

  €760 Million Raised by NovaUCD Supported Companies Over the Last 15 Years

University College Dublin (UCD) has announced the results of its latest survey of companies supported through NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, since it opened 15 years ago. UCD has supported over 360 companies and early-stage ventures through the services and supports provided by NovaUCD (www.novaucd.ie). The combined annual turnover of the […]

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Avantcard Announces 40 New Jobs For Carrick-on-Shannon and Dublin Offices

  Avantcard Announces 40 New Jobs For Carrick-on-Shannon and Dublin Offices

County Leitrim-based lender Avantcard has announced the creation of 40 new jobs at its headquarters in Carrick-on-Shannon and satellite office in Dublin. The announcement of these new jobs comes on the back of an additional 58 people joining the Avantcard workforce over the last eighteen months, making Avantcard an increasingly attractive prospect for talent in the […]

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Silicon Valley Tech Company Signifyd Opens Global R&D Centre in Northern Ireland

  Silicon Valley Tech Company Signifyd Opens Global R&D Centre in Northern Ireland

Signifyd, the market leader in guaranteed fraud protection, has announced its first-ever investment in Northern Ireland with a 150-person global R&D centre in Belfast. The centre will broaden the company’s European presence and support its global drive to provide innovative e-commerce technology and services for retailers.

Signifyd’s expansion puts the company in an ideal position to […]

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Carbery Group Investing €78 Million in New Cheese Plant

  Carbery Group Investing €78 Million in New Cheese Plant

Carbery Group, the West Cork-based international nutritional ingredients, flavours and natural cheese producer, has started construction work on a new manufacturing facility at its site in Ballineen. In the planning for some time, the new plant represents a €78 million investment by Carbery Group.
The investment will allow the organisation to diversify from its exclusive production […]

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100 New Jobs Created by Global Human Data Sciences Innovator

  100 New Jobs Created by Global Human Data Sciences Innovator

IQVIA, a leading global provider of information, innovative technology solutions and contract research services, has announced the creation of 100 jobs in Dublin. The new roles at IQVIA’s Dublin East Point Campus will consist of highly skilled, full-time jobs in the areas of Clinical Project Management, Data Management, Drug Safety and Biostatistics.
In particular, IQVIA is recruiting Pharmacovigilance […]

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National Construction Summit -Thursday 14th March 2019 – Citywest Exhibition Centre, Dublin

  National Construction Summit -Thursday 14th March 2019 – Citywest Exhibition Centre, Dublin

The fifth National Construction Summit will be held on Thursday, 14th March 2019 at the Citywest Exhibition Centre in Dublin.
Incorporating a number of complementary events and an extensive array of seminars, workshops and exhibition stands, showcasing the latest products, services and technology for the construction, engineering, sustainable building, maintenance and architectural sectors, the 2019 National […]

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Dublin Liberties Distillery Becomes 22nd Operational Irish Whiskey Distillery

  Dublin Liberties Distillery Becomes 22nd Operational Irish Whiskey Distillery

Dublin Liberties Distillery has become the 22nd operational Irish whiskey distillery on the island of Ireland. The new €10 million distillery located in Dublin’s Liberties has commenced Irish whiskey distillation and has also opened the doors on a distillery visitor centre, which can accommodate up to 80,000 visitors annually. It marks the fourth Irish whiskey visitor […]

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€23 Million Invested in Start-ups by Enterprise Ireland in 2018

  €23 Million Invested in Start-ups by Enterprise Ireland in 2018

Enterprise Ireland, the state agency responsible for the development and growth of Irish companies in global markets, invested €23 million in Irish start-ups in 2018 and supported a total of 132 start-up companies. Investment was provided in the form of equity through Competitive Start Funds (CSFs) and High Potential Start-Up (HPSUs) funding programmes by the […]

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Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East

  Fáilte Ireland Crafts a New Path to Success Across Ireland’s Ancient East

Fáilte Ireland has unveiled a bespoke toolkit to equip and train craft businesses across Ireland’s Ancient East with the skills to maximise the potential of craft tourism to generate increased revenue and support local jobs.
John Paul Phelan TD, Minister of State for Local Government and Electoral Reform, officially launched the Fáilte Ireland toolkit at Kilkenny’s Jerpoint Glass – a […]

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Property Market Grows 8% – Almost Half of Homes Bought With Cash

  Property Market Grows 8% – Almost Half of Homes Bought With Cash

The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School, shows slow but steady growth in Ireland’s residential property market, with 55,000 homes purchased in 2018, an increase of just 8% on the previous year. Excluding mortgages from the 2018 figures, there were almost 25,000 […]

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Kerry Group Benefits From Unique Business Model

  Kerry Group Benefits From Unique Business Model

Kerry Group, the global taste, nutrition and consumer foods business, has reported a 3.1% increase in revenue to €6.6 billion for the year ended 31 December 2018, reflecting strong volume growth and contribution from acquisitions, partially offset by adverse currency movements. Business volumes grew by 3.5% and pricing decreased by 0.5% against a backdrop of […]

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30% Increase in Dublin Industrial Take-up

  30% Increase in Dublin Industrial Take-up

Dublin industrial take up for 2018 totalled 3.3 million sq ft which is a 31% increase on last year. Whilst activity was dominated by smaller deals, take-up totals were boosted by a number of larger-sized deals.
There were 14 deals greater than 50,000 sq ft in the last 12 months. The top 5 deals this […]

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Skillnet Ireland Wins Big at Top Digital Awards 2019

  Skillnet Ireland Wins Big at Top Digital Awards 2019

Skillnet Ireland, the national agency responsible for the promotion and facilitation of workforce learning, won big at the recent 2019 Digital Media Awards , picking up the award for Best Brand. Other finalists in the ‘Best Brand’ category included Diet Coke, BMW, Thérapie Clinic and 98FM.
Established in 2005, the Digital Media Awards are the most […]

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Planning Approval For North South Interconnector

  Planning Approval For North South Interconnector

EirGrid has welcomed the decision by the Supreme Court to uphold planning approval for the southern section of the North South Interconnector. Planning approval for the project was granted by An Bord Pleanála in December 2016.
This was subsequently made the subject of judicial review proceedings in the High Court. The proceedings were dismissed by the High […]

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EDGE Innovate Invests £8 Million in New Plant and New People

  EDGE Innovate Invests £8 Million in New Plant and New People

Dungannon-based EDGE Innovate is implementing a four year expansion programme focused on innovation, employment, skills development and export growth. The company is investing nearly £8 million in the business including an expansion of its production and office facilities and the construction of a new 37,500 sq ft factory. The investment also includes the creation of 80 […]

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Kerrygold Unveils Major New Campaign to Reach Over 36 Million Irish Butter Lovers

  Kerrygold Unveils Major New Campaign to Reach Over 36 Million Irish Butter Lovers

Kerrygold, Ireland’s iconic dairy brand and one of the country’s most successful food exports globally, is placing Irish farming families at the fore of a major new global campaign that will reach over 36 million people worldwide and aims to take the brand to new heights.
The digital campaign entitled ‘A True Taste of Kerrygold’ puts Ireland’s grass-fed […]

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Finch Capital to Step Up Investment Activity in Irish Fintech Market

  Finch Capital to Step Up Investment Activity in Irish Fintech Market

Finch Capital, a leading early stage venture capital firm with offices in Amsterdam, London and Singapore, has announced that it now has an active presence in the Irish market and is dedicating up to €20 million to Irish start-ups in the fintech sector, following a €10 million investment from Enterprise Ireland.
In 2018, Finch Capital closed […]

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ESB and Coillte in Discussions to Deliver Renewable Energy Projects

  ESB and Coillte in Discussions to Deliver Renewable Energy Projects

ESB is engaged in bilateral discussions with Coillte which, if successful, would lead to the establishment of a new joint venture development company to deliver 1,000 MW of renewable energy by 2030. It is proposed that a new joint venture will build on a successful track record of the two companies working together at Raheenleagh […]

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Grocery Market Fends Off January Blues

  Grocery Market Fends Off January Blues

The Irish grocery market followed up a record-breaking festive period by posting year-on-year sales growth of 3.4% during the 12 weeks to 27 January. Despite shoppers tightening the purse strings, the latest figures from Kantar Worldpanel show a strong start to 2019 as New Year’s resolutions shaped shopping baskets.
Douglas Faughnan, consumer insight director at Kantar […]

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McAleer & Rushe Commences Construction on London Development

  McAleer & Rushe Commences Construction on London Development

Northern Ireland-based developer and contractor McAleer & Rushe has announced that construction is to commence on a new 620 room hotel and hybrid aparthotel development in Paddington, London with a contract value worth c.£82 million.
Led by developer Concierge 3, a consortium of BSW Land & Property, Staycity and The Pickstock Group, the scheme is the final stage of the […]

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Launch of 182,500 sq ft Seamark Building Marks Completion of Dublin 4 Redevelopment Project

  Launch of 182,500 sq ft Seamark Building Marks Completion of Dublin 4 Redevelopment Project

Chartered Land has announced that the major €45 million transformation of the eight storey 182,500 sq ft Seamark Building at the Elmpark Green campus in Dublin 4 is now complete. The completion of the Seamark Building, prominently located at the front of the campus with panoramic views over Dublin Bay, brings an end to the […]

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Galway-based Joulica in New Expansion

  Galway-based Joulica in New Expansion

Irish technology start-up, Joulica, has has announced a significant expansion of its operations headquartered in Galway, creating 45 new jobs over 3 years. The jobs form part of Joulica’s growth strategy reinforcing Galway’s position as the driving force of Ireland’s Information and Communication Technology industry. The development is supported by the Government through Enterprise Ireland’s Research, […]

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Ireland’s Leading Snack Food Manufacturer Changes Name

  Ireland’s Leading Snack Food Manufacturer Changes Name

Largo Foods, Ireland’s leading snack food manufacturer, has announced its name change to Tayto Snacks, reflecting the strength, longevity, and recognition of its flagship Tayto brand. Headquartered in Ashbourne, County Meath, where its operates its 80,000 sq ft manufacturing facility, the company employs almost 400 staff and indirectly supports a large group of industries and jobs across […]

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52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

  52% of SMEs in ROI and 56% in NI Have Yet to Begin Brexit Planning

The AIB Brexit Sentiment Index for Q4 2018 reveals that 35% of SMEs in the Republic of Ireland (ROI) and 40% in Northern Ireland (NI) that had planned to expand or invest in their business have either cancelled or postponed investment plans due to Brexit. In line with this, 68% of SMEs in ROI believe […]

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Zeus Expands as It Opens New Dublin Premises

  Zeus Expands as It Opens New Dublin Premises

Zeus, the Irish-owned global packaging solutions company, has officially opened its state-of-the-art €15 million Dublin premises with the announcement of its strategic acquisition of Essential Supplies, a leading Irish hygiene supplies company.
Founded in 1992, the Naas-based company, which will continue to trade as Essential Supplies, has an annual turnover of €7 million. Driven by this acquisition […]

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IT Recycling Company AMI to Invest €4 Million in Acquisitions and 30 New Jobs

  IT Recycling Company AMI to Invest €4 Million in Acquisitions and 30 New Jobs

AMI, Ireland’s leading secure IT recycling company, plans to create 30 new jobs in the next two years, bringing its total workforce to 90 by 2021. The new roles will be shared across AMI’s Dublin and Belfast locations, whose premises will also be expanded, as part of a strategic €4 million investment.
AMI will leverage the […]

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Irish Whiskey Awarded Legal Protection in Australia For the First Time

  Irish Whiskey Awarded Legal Protection in Australia For the First Time

The Irish Whiskey Association (IWA) has successfully registered ‘Irish whiskey’ as a certification mark in Australia. This registration provides legal protection for Irish whiskey in Australia for the first time. This will mean that decisive action can be taken against fake Irish whiskey products and will ensure consumer confidence in the quality and authenticity of […]

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