Industry & Business

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  • 90 New Jobs at E + I Engineering in Donegal The Taoiseach, Leo Varadkar TD, has announced 90 new jobs at E+I Engineering Ltd in Donegal. E+I Engineering Ltd is a global leader in the critical power distribution sector, manufacturing electrical switchgear, busduct systems and energy management software, for some of the most recognisable brands and technically advanced companies all over the world. Announcing the jobs boost, [...]...
  • €8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects The Government has announced €8 million in funding to support 45 innovative energy projects in companies and research institutions across Ireland. The Sustainable Energy Authority of Ireland (SEAI) is responsible for awarding the funding to the 45 projects which aim to develop solutions that will help our homes, businesses and communities deliver a cleaner energy future. [...]...
  • 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 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 [...]...
  • Resilient Performance by Breedon Group Breedon Group, a leading construction materials group in the UK and Ireland, has reported revenue of £378.4 million for the six months to 30 June 2018, up from £326.3 million in the corresponding period of 2017. Underlying earnings before interest and tax (EBIT) increased by 17% to £42.0 million. However, excluding acquisitions, both revenue and [...]...
  • 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 implementation and technology consultancy to the UK and European insurance sector. The company will provide certified staff to System Integrators, Software Providers and insurance companies for the implementation of digital solutions across the insurance industry. To [...]...

Almost 1,500 Less Pubs in Ireland Last Year than 2005

  Almost 1,500 Less Pubs in Ireland Last Year than 2005

There were 1,477 less pubs in Ireland last year than in 2005, representing a 17.1% drop in businesses across the country, according to the Drinks Industry Group of Ireland (DIGI). In 2017, there were 7,140 pubs nationwide – a decline from 8,617 in 2005.  The figures are based on an analysis of the liquor licence figures […]

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New Enterprise Ireland ‘Prepare to Export Scorecard’ For Companies With Global Ambition

  New Enterprise Ireland ‘Prepare to Export Scorecard’ For Companies With Global Ambition

A new Prepare to Export Scorecard has been developed by Enterprise Ireland to help Irish entrepreneurs and business owners with global ambition to self-assess how prepared they are to start exporting. The interactive online facility is a free, easy-to-use tool which acts as a starting point for companies interested in exporting and reaching overseas markets.
The […]

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GDG Wins European Funds to Develop Novel Asset Management Software

  GDG Wins European Funds to Develop Novel Asset Management Software

Gavin and Doherty Geosolutions (GDG), an award-winning specialist firm focused on the delivery of infrastructure projects involving complex and challenging ground conditions, has been awarded the first stage of the European Commission’s SME INSTRUMENT, a support fund designed to accelerate the route to market for innovative SMEs with game changing ideas within their specific sectors. […]

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New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

  New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, is set to expand its capacity to house early-stage start-ups by over 50% with a €6.5 million development project. The project to renovate and extend the facility’s east courtyard commenced recently and is expected to be completed within 12 months.
NovaUCD which officially opened in October 2003 is currently home to […]

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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 Ireland, has announced a €48 million investment plan for the next five years. The expansion programme incorporates a range of projects across its dairy ingredients, consumer foods and agri businesses and will grow employment across […]

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Top 25 Law Firm Fieldfisher Expands into Northern Ireland

  Top 25 Law Firm Fieldfisher Expands into Northern Ireland

European law firm Fieldfisher is expanding into Northern Ireland creating 125 new legal and business support jobs. The new office will add to the firm’s international office network with services including Document Negotiation and Legal Support teams.

Fieldfisher is another well-known law firm choosing Northern Ireland to grow its business. It is the current holder of Law […]

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Customs and Logistics the Top Concern For Irish companies as Enterprise Ireland Launches its Next Wave of Brexit Advisory Clinics

  Customs and Logistics the Top Concern For Irish companies as Enterprise Ireland Launches its Next Wave of Brexit Advisory Clinics

Customs and Logistics is the single biggest Brexit challenge facing Irish business according to an Enterprise Ireland survey which took place at its Dublin Brexit Advisory Clinic in June. Almost half (49%) of the respondents to the audience participation poll ranked Customs and Logistics as their greatest concern. This was followed by Financial and Currency […]

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DataSolutions Announces Record Group Revenue of €40 Million

  DataSolutions Announces Record Group Revenue of €40 Million

DataSolutions, the specialist IT distributor, has announced that it has had its best ever year, growing group revenues by 34% to €40 million for year-end 31st March 2018. The company has doubled its business in the past three years and is on-track to grow to €80 million by 2021.
DataSolutions expanded its operations to the UK […]

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Valeo Foods Acquires Tangerine Confectionery For £100 Million

  Valeo Foods Acquires Tangerine Confectionery For £100 Million

Valeo Foods Group, the acquisitive Irish and international food business, is reported to have purchased Tangerine Confectionery of the UK for £100 million (€112 million) from Blackstone Group. The deal adds popular UK confectionery brands such as Dip Dab, Fruit Salad and Blackjack to Valeo Foods Group’s growing portfolio, and will increase annual turnover to […]

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UN Green Finance Network For Climate Change to Establish its European Hub in Dublin

  UN Green Finance Network For Climate Change to Establish its European Hub in Dublin

A major United Nations programme that encourages global financial centres to place sustainable and green finance at the heart of their operations and help fight climate change, is to establish its European base in Ireland. The new European secretariat will coordinate from Dublin a network of pan-European cities committed to the expansion of green and […]

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National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th

  National Food & Drink Business Conference and Exhibition 2018 – Citywest Convention Centre, Dublin – Wednesday, September 5th

The National Food & Drink Business Conference and Exhibition 2018, Ireland’s premier trade event for the food and drink processing, packaging, ingredients and logistics industries, is being held at the Citywest Convention Centre on Wednesday, September 5th, 2018.
The theme of the 2018 National Food & Drink Business Conference and Exhibition is ‘Collaborating for an Innovative […]

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GMIT IHUB Extension Work Commences

  GMIT IHUB Extension Work Commences

The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the […]

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Northern Ireland Housing Market Continues to Perform Strongly

  Northern Ireland Housing Market Continues to Perform Strongly

The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.

Analysing the performance of the Northern […]

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Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

  Research Technical Paper – Economic Migration and Business Cycles in a Small Open Economy With Matching Frictions

The Central Bank of Ireland has published a Research Technical Paper. The paper, “Economic Migration and Business Cycles in a Small Open Economy with Matching Frictions”, by Matija Lozej, investigates how the domestic labour market of a small open economy is affected by migration and the implications this has on the business cycle of a […]

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Call For Reduction in Stamp Duty For First-time Buyers

  Call For Reduction in Stamp Duty For First-time Buyers

A call for stamp duty to revert to 2pc to enable more aspiring first-time buyers acquire once off sites to build homes has been called for by IPAV, the Institute of Professional Auctioneers & Valuers, which says last year’s hike from 2pc to 6pc is adversely affecting the cost of a new house for first-time buyers. Launching its […]

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Subway Looks to a ‘Fresh Forward’ Future as First Concept Store Opens in Northern Ireland

  Subway Looks to a ‘Fresh Forward’ Future as First Concept Store Opens in Northern Ireland

SUBWAY®, the world’s largest submarine sandwich chain, has marked its 20th year in Northern Ireland with the opening of its first Subway® Fresh Forward concept store in Northern Ireland. Representing an investment of £90,000 the latest Ballycastle eatery is the 50th Subway® Fresh Forward premise to open in the UK and the 100th store in Europe.
Subway® Fresh Forward is set to transform the customer […]

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Envisage Cloud Unifies Dalata’s Financial Operations in €200,000 Deal

  Envisage Cloud Unifies Dalata’s Financial Operations in €200,000 Deal

Envisage Cloud, Ireland’s largest Sage systems integrator and software developer, has announces that it has designed and implemented a new cloud-based financial system for the Dalata Hotel Group in a €200,000 deal. The new solutions includes bespoke software and Sage 200cloud, which unified Dalata’s financial systems across all 39 hotels in the group making it easier […]

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Diageo Invests $90 Million to Open New Guinness Brewery in the US

  Diageo Invests $90 Million to Open New Guinness Brewery in the US

Diageo has opened the new home of Guinness in America – the Open Gate Brewery & Barrel House in Maryland. The creation of a world-class brewery, barrel house and visitor centre, and development of packaging and warehousing operations has generated more than 200 jobs and represents an investment by Diageo of approximately $90 million in […]

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New Managing Director at Heineken Ireland

  New Managing Director at Heineken Ireland

HEINEKEN Ireland has appointed Maarten Schuurman (pictured) as its new Managing Director, effective 1st September 2018. Maarten Schuurman has enjoyed a successful 22-year career at HEINEKEN encompassing both global and general management leadership positions.
He will join the Irish business from his current role as Head of Global Sales based in the company’s international headquarters in The […]

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Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

  Landmark Deal Secures €118 Million of Investment For Agri Tech Company Devenish Nutrition

Belfast-based agri technology company Devenish Nutrition has secured €118 million in long-term funding to enable its research, development and growth plans. This major refinancing deal is made possible by a pioneering investment of €40 million from the European Investment Bank (EIB). The EIB investment has been combined with commitments from Devenish’s new commercial finance partners, […]

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British Irish Chamber of Commerce Calls For EU-wide Brexit Mitigation Fund

  British Irish Chamber of Commerce Calls For EU-wide Brexit Mitigation Fund

The British Irish Chamber of Commerce has called for the establishment of an EU-wide Brexit Mitigation Fund for industries and regions negatively impacted by Brexit and urged the government to step up its efforts to protect the economy against the worst impacts of the UK’s withdrawal from the EU.
In its Pre-Budget Submission presented to the […]

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Kraydel Invests in R&D to Develop Revolutionary Smart Device

  Kraydel Invests in R&D to Develop Revolutionary Smart Device

Belfast-based Kraydel has developed a revolutionary smart device which could change the way we care for older people in their homes. The device is designed specifically for people who may not be familiar or comfortable with technology. The smart device sits on top of the TV as a connected device, linking the older person to their […]

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Dublin Selected as Host City For Global DIY Summit in 2019

  Dublin Selected as Host City For Global DIY Summit in 2019

Dublin has been selected to host the 2019 Global DIY Summit following a competitive process which included bids from a number of key convention destinations including Rome and Amsterdam. The event, which will take place over the course of two days in the Convention Centre Dublin next June, is expected to generate up to €5 […]

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HBAN Angels Receive a 10 Times Return on Phorest Investment

  HBAN Angels Receive a 10 Times Return on Phorest Investment

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, has announced that a number of the original HBAN investors in software developer Phorest have been bought out for a sum averaging 10 times their initial investment.
Phorest, which provides management software […]

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ABP Wins 17 Great Taste Awards

  ABP Wins 17 Great Taste Awards

ABP Ireland has been awarded a total of 17 stars at the prestigious annual Great Taste 2018 Awards in London, which is run by the Guild of Fine Food. ABP accounted for 14 out of 25 Irish beef products that were recognised at the event.
As part of a highly impressive performance, ABP Ireland received two stars […]

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AIT Spearheads 2nd Phase of Major EU Cybersecurity Research Effort

  AIT Spearheads 2nd Phase of Major EU Cybersecurity Research Effort

Researchers from Athlone Institute of Technology have launched the second phase of a multi-million-euro cybersecurity research project called PROTECTIVE aimed at combatting the growth of cybercrime through special detection and monitoring systems. PROTECTIVE, an EU-funded H2020 project, is a €4.16 million cybersecurity safety net designed in partnership with several commercial and academic partners, including the […]

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Long Winter and Summer Drought to Impact Farm Incomes in 2018

  Long Winter and Summer Drought to Impact Farm Incomes in 2018

A new report, produced by Teagasc economists, highlights the likely impact on the bottom line for Irish farming resulting from this year’s peculiar weather conditions.
As part of their mid-year Outlook, Teagasc economists outlined how Irish grassland and tillage farmers have faced highly unusual weather through the first half of 2018. A long winter was followed […]

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Carbery Takes Home 13 Awards at 2018 International Cheese Awards

  Carbery Takes Home 13 Awards at 2018 International Cheese Awards

Carbery Group achieved great success at the world renowned International Cheese Awards which took place recently in Nantwich, near Manchester. Taking home 13 awards in total, Carbery once again had a very successful year at the annual cheese awards.
Carbery secured the following awards at the event:

3 Gold Awards for Dubliner Lighter White, Carbery Lactose and Dublin […]

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Irish Hotel Sector Occupancy Levels at All-time High

  Irish Hotel Sector Occupancy Levels at All-time High

The Crowe Ireland Hotel Survey, compiled from an analysis of Irish hotels’ 2017 accounts, shows a seventh consecutive year of growth in turnover with record profit levels, room occupancy levels and average room rates recorded across all regions.
Hotel room rates have increased in all regions, up 6.9% on average rates achieved in 2017 when compared […]

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Total Produce Completes $300 Million Dole Investment

  Total Produce Completes $300 Million Dole Investment

Dublin-based Total Produce, Europe’s leading fresh produce company, has completed the acquisition of a 45% equity stake in Dole Food Company for a cash consideration of $300 million, following approval of the deal by the European Commission.
Dole is a US company whose EEA operations are headquartered in Germany. It produces, markets and distributes fresh fruit […]

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