Industry & Business

Ricoh Announces 110 Jobs and €6.5 Million Investment in New Irish HQ

 Breaking News
  • Largest Ever European Investment Bank Support in Ireland The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by the European Union’s long-term lending institution in Ireland and the EIB’s first backing for a hospital in the country. The new children’s hospital project includes two [...]...
  • Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part of a three year expansion plan to increase its market share in the Republic of Ireland and Great Britain, and gain a foothold in mainland Europe and Scandinavia. Recruitment is underway to employ 83 additional staff at [...]...
  • PM Group Appoints a New Non-Executive Director Michael McNicholas has been appointed as a Non-Executive Director of Project Management Holdings (PM Group), the Irish headquartered international project delivery specialists. Michael McNicholas. Michael has over 35 years’ experience in senior leadership positions in the public and private sectors. He is the former CEO of Ervia, NTR plc and Managing Director of ESB International.  During his [...]...
  • Center Parcs Signs Contract With John Sisk & Son 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 [...]...
  • Medi-Shower Invests in Innovation to Drive Export Growth Multi-award-winning manufacturer Medi-Shower has created ‘smart showerhead’ technology which can reduce the risk of Legionnaires disease. The cutting edge product, developed with R&D support from Invest Northern Ireland is designed to meet the high requirements for hygiene within the healthcare sector. It reduces the risk of waterborne infection from bacteria that can build up due to poor design [...]...

Ricoh Announces 110 Jobs and €6.5 Million Investment in New Irish HQ

Ricoh Announces 110 Jobs and €6.5 Million Investment in New Irish HQ
February 23
12:30 2017

Technology company Ricoh announced on Thursday plans to more than double Irish staff base to 190 in next three years. Ricoh currently employs 80 people in Ireland after creating 30 jobs here in the last 18 months.

Ricoh also announced the opening of its new Irish headquarters on the back of a €6.5 million investment.  The new HQ, combined with the investment and jobs are expected to help Ricoh Ireland to almost double its revenues from last year’s €16.4 million to €32 million in the next three years. Ricoh Ireland’s retained earnings and growing revenue stream will fund the investment.

Ricoh is a global technology company, headquartered in Japan, which specialises in print, document management and visual communications solutions. It has global revenues of more than €18 billion. Ricoh has been operational in Ireland since 1980. It also has a document production centre in Glasnevin, which saw a separate €250K investment in 2016.

Contributing significantly to the increased revenues and expansion are Ricoh Ireland’s business process services – which enables streamlined document workflow – and production print offerings, both of which have been major areas of growth recently. Over the next three years, Ricoh Ireland will look to fill roles in the areas of technical engineering, software solutions, business development and operations management.

In order to attract and retain existing talent, the 4,200 swuare-foot facility was designed with the purpose of being a quality work environment. The new HQ features interactive whiteboards and unified communications and is designed to facilitate mobile working.

“The new HQ truly is the feather in our cap, showcasing how we have used technology to pioneer the workforce of the future,” Ricoh Ireland general manager Gary Hopwood said. “Our revenue stream in Ricoh Ireland continues to grow and we want to continue driving that forward. To achieve that, we needed a new office space that could facilitate a much larger workforce that will be instrumental in Ricoh Ireland’s future success. We expect to see significant returns on this investment for many years to come.”

The new HQ will continue to focus on Ricoh Ireland’s core areas of business: managed document services, communications services, production print, business process services, software solutions and professional services.

“Ireland is viewed as a key area of growth for Ricoh and we will continue to make significant investments in the company’s continued success here,” Ricoh UK & Ireland CEO Phil Keoghan said. “Its strong portfolio of indigenous and global accounts is testament to the outstanding performance of the Irish operation. Ireland has the skilled workforce and international relationships that make it a very attractive location for any organisation with a global presence. This announcement demonstrates Ricoh’s consistent confidence in – and commitment to – the Irish market.”

About Author

editor

editor

Related Articles






New Subscriber





Subscribe Here



Advertisements
































National Manufacturing Conference & Exhibition 2016

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4