The European Commission has decided to refer Ireland to the European Court of Justice for failing to recover from Apple illegal State aid worth up to €13 billion, as required by a Commission decision. Commissioner Margrethe Vestager, in charge of competition policy, says: “Ireland has to recover up to 13 billion euros in illegal State aid […]
- Microsoft’s New Irish Wind Energy Agreement The national body charged with helping Ireland to transition to a low-carbon economy has welcomed a new agreement by Microsoft to become one of the first multinational technology companies to support a new wind project in Ireland. Microsoft Corp. has announced a 15-year power purchase agreement (PPA) with GE to purchase 100 percent of the [...]...
- Review of Energy Supplier Costs The Commission for Regulation of Utilities (CRU) has published its analysis on supplier costs in the electricity and gas retail markets in Ireland. This follows the review of how the energy retail market competition has evolved following full price deregulation of electricity and gas retail tariffs that was published in February 2017. CRU reviews the retail [...]...
- Combilift Signs $1 Million Contract in Australia Combilift, the Irish manufacturer of multi-directional forklifts based in Monaghan, has signed a contract with Civmec, an Australian construction and engineering company that is worth an additional $1 million to the Irish company. Civmec is an integrated, multi-disciplined construction and engineering services provider to the oil and gas, metals and minerals, infrastructure and defence markets [...]...
- Irish Women More Likely to Have a Third-level Qualification Than Men The Central Statistics Office has published ‘Women and Men in Ireland 2016′ which presents over 70 indicators that identify important gender differences in the activities of men and women and also presents the situation in Ireland in an international context. Statistician Helen Cahill comments: “More girls than boys sat higher level papers in the Leaving Certificate [...]...
- The Future is FeMale An international study of global attitudes towards gender biases and roles has revealed that almost half of both men and women believe the world would be a better place if more women held positions of power. However, the study, carried out by Havas Creative in partnership with Market Probe International, revealed that globally, only 24% [...]...
A new Teagasc study has highlighted that half of all Small Farms are in an economically vulnerable position. According to the study the average income on Ireland’s smallest farms is just €2,917, but just 45% of them have another source of employment. The results come from a special survey of Small Farms by Teagasc.
Small Farms […]
The European Commission has launched plans for the biggest reform of EU VAT rules in a quarter of a century. The reboot would improve and modernise the system for governments and businesses alike. Overall, over €150 billion of VAT is lost every year, meaning that Member States miss out on revenue that could be used for schools, […]
Enterprise Ireland, in association with the National Paediatric Hospital Development Board, is inviting registration for a ‘Meet the Buyer’ event for the construction of the new children’s hospital. The event will take place at the Royal Hospital Kilmainham from 8am – 12 noon on 25 October 2017 and is free of charge.
This ‘Meet the Buyer’ […]
The Government’s newly published draft National Planning Framework correctly recognises that Ireland’s future is urban – now that appreciation must be backed by ambitious investment in Dublin and Ireland’s other main cities, according to business organisation Dublin Chamber.
Dublin Chamber, which represents companies throughout the Great Dublin Area, commended Government on the production of the draft […]
A new joint PwC/Business to Arts poll has revealed that confidence is high in Ireland’s arts and business community. The poll, carried out amongst the Business to Arts community, aims to benchmark digital opportunities and challenges in the sector.
The poll reveals that although there are plans for high levels of digital investment, there is scope for […]
NDRC, the investor in young digital companies, in partnership with Bank of Ireland, is launching a new early-stage, part-time fintech programme for professionals in the financial services sector.
With the sector attracting record levels of investment in Europe and the US, and growing here at a rapid rate, the potential for Irish startups to create transformative […]
Kingspan Insulation in North America pulled out all the stops as it marked the commissioning of its new GreenGuard XPS manufacturing line in style with a ribbon cutting ceremony last month. The $25 million expansion at the company’s Winchester plant is part of Kingspan’s growth strategy for the North American market. This facility is in […]
TERMINALFOUR, the digital marketing and web content management platform for higher education, has announced the results of its 2017 ‘Global Higher Education Survey’. The results highlight significant concerns among higher education institutions about student recruitment targets due to proposed visa/travel restrictions. In a survey of 391 higher education professionals from 333 unique higher education institutions, […]
The BioExel Accelerator at NUI Galway, supported by Enterprise Ireland, has been launched to further enhance the medical technology sector start-up ecosystem within Ireland and attract global talent to the Galway region. Other partnership sponsors for this Enterprise Ireland supported Accelerator are the Western Development Commission, the Galway University Foundation and the Bank of Ireland […]
Minister for Employment Affairs and Social Protection Regina Doherty has welcomed the huge response to Jobs Week 2017, which takes place this week. With over 100 events across the country and 16,000 attendees expected, Jobs Week is a major nationwide event for the Department. Jobs Week 2017 continues until Friday 29th September.
This dedicated week of […]
Alarm bells should be ringing on data protection, according to the results of a new survey conducted by Enterprise Europe Network (EEN) at Cork Chamber and it@cork. Local firms were asked about their preparedness for the introduction of the EU General Data Protection Regulation (GDPR) in May 2018.
EEN at Cork Chamber and it@cork are this […]
New figures released this week by the National Transport Authority are at odds with feedback from commuters regarding the impact of new traffic changes in the city, according to business group Dublin Chamber.
The Chamber said that figures showing an improvement in bus journey times between specific points along the north and south quays fail to […]
Tandem HR Solutions, the Irish company which has developed a powerful new HR Tech solution to help organisations re-shape how employee performance is managed through driving enhanced coaching and feedback practices, has attracted €2m in seed funding from investors led by Frontline Ventures, along with ACT Venture Capital, Enterprise Ireland and angel investors.
The €2m investment […]
An Tánaiste, Frances Fitzgerald, Minister for Business, Enterprise and Innovation, is leading a five-day joint Enterprise Ireland/IDA Ireland trade mission to Singapore and Japan which started this week
On the first day of the trade mission, An Tánaiste and Julie Sinnamon, Enterprise Ireland CEO witnessed a number of Enterprise Ireland client companies sign agreements with Singapore […]
An overwhelming 97% of Irish SME’s are planning to invest in their businesses in the next 12 months, according to the latest Global Business Monitor published by Bibby Financial Services Ireland, a provider of financial support and funding solutions to Irish SME’s.
Irish SME’s have signalled that such investment will focus on up-skilling existing staff (77%), sales and marketing (63%), IT […]
Dairygold’s €86 million Nutritionals Campus in Mallow was officially opened on Friday 22nd at an event attended by An Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald, European Commissioner for Agriculture and Rural Development Phil Hogan and Minister for Agriculture, Food & the Marine, Michael Creed.
Following the investment, the state of the art milk […]
Ibec has welcomed the strong jobs numbers recently published by the CSO. The numbers provide more evidence of broad positive momentum in the economy, despite Brexit uncertainty. Employment grew by 2.9% in the first half of the year, closely in line with Ibec forecasts.
The strongest growing sectors were ICT and construction which experienced growth of […]
Tractor Safe Lock, a device that automatically engages the handbrake in a tractor when the operator leaves the seat, has been awarded the Innovation Arena’s People’s Choice Award in association with Enterprise Ireland, the National Ploughing Association and the Irish Farmers Journal.
The Co. Kerry based company, founded by student Jack Nagle (16) is one of […]
The Irish Exporters Association (IEA), the voice of Irish exporters, has released results of its most recent survey, the ‘IEA Export Eye,’ conducted with members regarding Irish exporters’ sentiments on critical issues that have both direct and indirect impacts on business. The areas members were surveyed on include: ‘Brexit’ and its impact on business; entrepreneurship […]
An Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald has launched the biggest-ever programme of events to mark National Women’s Enterprise Day (NWED), which is being organised by the Local Enterprise Offices (LEOs) on Thursday, 12 October 2017.
All 31 LEOs, which jointly supported over 14,000 female entrepreneurs in 2016, are behind the initiative. […]
Comtrade Digital Services, the leading software engineering services and solutions provider, has announced the results of a survey, which found that the average Irish business will spend €455,000 on digital transformation projects over the next 12 months. The independent survey of 133 Irish IT decision-makers also found that 62% of businesses that have started their […]
From a solar powered water pumping system to a water treatment machine that reduces the need for antibiotics in poultry flocks, the most innovative Irish agri-tech products were named this week by An Tánaiste and Minister for Business, Enterprise and Innovation, Frances Fitzgerald as she presented the 2017 Enterprise Ireland Innovation Arena Awards at the […]
According to the Residential Tenancies Board, private sector rents grew 6.6% in the year end to the end of June this year. However, the rate of increase in the second quarter was marginally slower than in Quarter 1. The standardised average national rent stood at €1,017 per month in Q2, 2017 – up by €63 – […]
Kroll Bond Rating Agency (KBRA) has announced its expansion into Europe with the opening of its European Headquarters in Dublin. The move is expected to create 100 new jobs over the next three years.
KBRA is a full service credit rating agency that was established in 2010 to restore trust in credit ratings following the financial […]
Leveraging its strategic partnership with Enterprise Ireland, Northwell Health has announced two new partnership agreements with Irish companies Technopath Clinical Diagnostics and Salaso Health Solutions Limited.
Northwell Health President and Chief Executive Officer Michael J. Dowling were in Ireland to formally announce the two deals together with An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald and Enterprise Ireland CEO Julie Sinnamon. […]
Ryanair has published the full list of flight cancellations (now less than 50 per day) between Thurs 21st Sept. to Tues 31st Oct. next. These cancellations have been allocated where possible, to Ryanair’s bigger base airports, and routes with multiple daily frequencies so that Ryanair can offer these disrupted customers the maximum number of alternate flights and […]
An Taoiseach Leo Varadkar and Tánaiste Frances Fitzgerald, along with IDA Ireland have welcomed the announcement by XL Group that it has selected Dublin as its preferred location for its principal European Union (“EU”) insurance company, XL Insurance Company SE (“XLICSE”).
XL Group has had insurance operations in Dublin since 1990, when it opened its first […]
DiskShred, Ireland’s leading on-site hard drive and media shredding provider, has announced the launch of a new service to help companies recover the value of their retired IT equipment. The company expects to return in excess of €250,000 to clients in the next 12 months.
DiskShred specialises in providing secure on-site shredding services to the most […]
The Irish Stock Exchange (ISE) plc has recorded another strong financial year with results published this week showing a 21% rise in profit after tax to €8m (2015: €6.6m). Revenues grew by 6% to €29.2m and total assets rose by 22% to €64.2m. With over 35,000 securities quoted on its markets from issuers located in 85 […]