Industry & Business

Tag "investment"

Just Eat records 52% revenue rise in 2016

    Just Eat records 52% revenue rise in 2016

Online food ordering service Just Eat saw a 52% rise in revenues to £375 million (€432 million) last year. The London-headquartered company recorded earnings before day-to-day expenses (EBITDA) of £115

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Luxembourg and not Dublin for AIG’s post-Brexit EU base

    Luxembourg and not Dublin for AIG’s post-Brexit EU base

Hopes that global insurer AIG might relocate its European regional HQ to Dublin from London have been dashed, with Luxembourg selected for the switch. This is despite a strong pitch

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Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

    Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in 2016.  Trading profit was up 33% to €340.9 million, while

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Data Business Survey Says 96% View Ireland Favourably as Investment Destination

    Data Business Survey Says 96% View Ireland Favourably as Investment Destination

A report released by Irish law firm William Fry on Wednesday, 16 November, shows that 96% of survey respondents have a favorable view of Ireland as a data-related investment destination,

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Flanagan expresses ‘concern’ on claims Dublin is trying to ‘poach’ NI investment

    Flanagan expresses ‘concern’ on claims Dublin is trying to ‘poach’ NI investment

Minister for Foreign Affairs Charlie Flanagan has expressed ‘deep concern’ at comments made by Northern Ireland First Minister and DUP leader Arlene Foster that the Republic was trying to poach business

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Boost for Wicklow Wolf brewers with €2 million investment

    Boost for Wicklow Wolf brewers with €2 million investment

Irish craft beer brewing company Wicklow Wolf are set to add 20 jobs and significantly expand their production capabilities after receiving an investment of €2 million from HBAN (Halo Business

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Growth at AMI brings 15 new jobs and €1.1 million investment

    Growth at AMI brings 15 new jobs and €1.1 million investment

IT retirement company AMI has announced an investment of €1.1 million that will see the creation of 15 new jobs as it expands its Irish operations. With locations North and

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United Technologies invests €1.5 million in Insight UCC

    United Technologies invests €1.5 million in Insight UCC

The Insight Centre for Data Analytics at University College Cork has received a significant investment worth €1.5 million from Connecticut-based United Technologies Research Center (UTRC). The investment will consist of

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Fintech startup raises €725,000 funding

    Fintech startup raises €725,000 funding

A Dublin-based fintech startup has raised €725,000 in its seed funding. Plynk, an online platform that acts as Europe’s first money messaging app, has received investment from Bank of Ireland’s

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Medtech uni spin out wins £500k in funding

    Medtech uni spin out wins £500k in funding

A spin-out company from Queens University Belfast that specialises in medtech that can be used as diagnostic instruments has won £500,000 in funding. Kernel Capital, a venture fund from the

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CCTV specialists Netwatch to create 85 jobs in Carlow

    CCTV specialists Netwatch to create 85 jobs in Carlow

Carlow-based digital security providers Netwatch are to create 85 jobs after the company raised €19.5 million in funding. The Irish Government-supported BDO Development Capital Fund invested a significant amount in

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Vodafone to increase Irish workforce to 2,000 in latest recruitment drive

    Vodafone to increase Irish workforce to 2,000 in latest recruitment drive

Vodafone Ireland has announced the creation of 60 new technology and digital specialist positions over the next year to 18 months, bringing their total number of employees in Ireland to

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Galway to get 50 jobs as medical devices company SMT sets up EU HQ

    Galway to get 50 jobs as medical devices company SMT sets up EU HQ

Sahajanand Medical Technologies (SMT) is to establish its European headquarters, including a state-of-the-art research, development and innovation centre, in Galway. The investment by SMT will see 50 jobs created over

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Fort Wayne Metals expands in Castlebar with €10 million investment

    Fort Wayne Metals expands in Castlebar with €10 million investment

Fort Wayne Metals has announced a €10 investment to expand its production operations in Castlebar, with 40 jobs to be created over the next five years. The company is a

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100 new jobs for Limerick as WP Engine opens new centre

    100 new jobs for Limerick as WP Engine opens new centre

Around 100 new jobs are set to be created over the next three years in Limerick as WP Engine has just opened its new Technical Support & Innovation Centre.  The

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Fitbit creating 50 new jobs for Dublin with the opening of it new Europe, Middle East and Africa headquarters

Fitbit, Inc. the leader in the connected health and fitness category, today announced the opening of its Europe, Middle East and Africa (EMEA) headquarters in Dublin and the creation of

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Camile Thai creating 100 jobs

More than 100 jobs are to be created in Thai food restaurant delivery business Camile Thai. The restaurant chain have announced that it will be opening three more branches in Ireland by the

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VistaMed creating 150 jobs in a €10m investment

VistaMed a Co Leitrim medical devices company is to create more than 150 new jobs in a €10m investment. VistaMed is a global supplier of medical devices currently employing over 300 people at

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Dale Farm announces 60 new jobs

Dale Farm has announced that it will be creating 60 jobs for Co. Tyrone. The company has decided to go ahead with its £7m investment in a new cheese processing and packing

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Zevas Communications creating 40 jobs

Cork-headquartered Zevas Communications has announced that it will be creating 40 jobs across its Cork and Dublin offices. The company which is a provider of outsourced customer support, has said that the

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Tech firm secures $6m funding

Limerick based technology company Teckro has raised $6 million from a number of investors including a top US technology investment fund. The funds will be used to support “further development

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Apple granted permission for €850m data centre in Galway

Tech giant Apple has been granted permission by An Bord Pleanala to build an €850m data centre in Co Galway. The 24,500 square metre data centre, an administration building and associated

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Mark Anthony Brands International invests €5.5m in Glendalough Distillery

North American drinks production and distribution company Mark Anthony Brands has taken a significant stake in Glendalough Distillery, investing over €5.5m into the company. Glendalough Distillery is backed by investors including

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SiriusXT secures a €3m investment

SiriusXT has secured a €3m investment in the latest round of Horizon 2020 SME funding from the EU. The UCD

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Voxpro investing $4m in US expansion

Voxpro has announced that it will be investing $4m  in a new centre of excellence in the US state of

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Drug manufacturer Jazz opens €50m facility

Jazz Pharmaceuticals today announced that the Minister for Jobs, Enterprise and Innovation, Ms. Mary Mitchell O’Connor and the Global Head

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€40 million funding granted to 24 research projects

Minister for Jobs, Enterprise and Innovation, Mary Mitchell-O’Connor TD today announced nearly €40 million in research funding for 24 major

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Lidl announces 600 new jobs for Ireland along with a €110m investment

Lidl has announced that it will be creating 600 jobs in Ireland over the next two years. The German supermarket chain also

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Tullett Prebon creating 300 new jobs for Belfast

London-based IT company, Tullett Prebon is to open a new global technology hub in Belfast, creating 300 new positions. The

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TLM creating 12 new roles at its new European HQ in Dundalk

TLM has opened a European HQ in Dundalk, bringing 12 new jobs to the area. The consultancy firm’s new Dundalk office

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Technology pioneer SiteMinder announces 100 jobs with opening of Galway office to support global growth

One of the top 20 technology pioneers to come out of Australia is set to announce the opening of its

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PTC Establishes IoT Solutions Group R&D Centre in Dublin

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor TD, today announced that PTC (NASDAQ: PTC), a global provider of

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Pharma giant creating 40 new jobs for Waterford

Sanofi is enacting a name-change at its Waterford plant, bringing  in 40 new staff as it changes the site’s name

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John Sisk lands major IFSC contract

Kennedy Wilson, a Los Angeles-based real estate investment firm has appointed Irish contractor John Sisk & Son to build a 660,000sq

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Kaseya opens new EMEA headquarters in Dublin creating 10 jobs

Enterprise software player Kaseya, has opened a new Dublin based EMEA headquarters, employing 10 more tech jobs. The bigger office at Custom

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Gourmet Food Parlour creating 15 new jobs in Swords

Gourmet Food Parlour has announced that it will be creating 15 new jobs in Swords with an investment of €500,000

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Damovo invests €1.5m in customer operations and increases countries

Damovo, a leading enterprise communications solutions and services provider, announces that it has invested €1.5 million in training, systems and

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Aldi creating 84 new jobs for Dublin, Louth and Meath

Aldi has launched a new nationwide recruitment drive calling for “motivated, enthusiastic and hardworking” people to apply for the 84

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Netwatch raises €19.5m to fund expansion

Security specialist Netwatch has raised €19.5m to fund its expansion plans in the US and the UK. It is the

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Alexion Pharmaceuticals investing €100m into biologics facility in Athlone

    US-headquartered biopharmaceutical company Alexion Pharmaceuticals is to invest €100m in a new biologics manufacturing facility in its Athlone operations

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DiaNia Technologies creating 20 jobs in Galway after €2m funding

DiaNia Technologies, an innovative materials technology company based in Galway, has secured €2 million in seed-funding to utilise materials science

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SuperValu creating 60 jobs for Kildare

SuperValu has announced that it will be creating 60 new jobs with its new store in Kilcock, Co Kildare. The €7

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Masonite Ireland creating 30 new jobs for Leitrim

Masonite Ireland has announced that it will be creating 30 additional jobs at its plant in Carrick-on-Shannon, Co.Leitrim. The company currently

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Government launches new €1.9m initiative to attract tech talent to Ireland

The government has launched a new initiative that will see €1.9m invested into attracting top tech talent to Ireland. Tech/Life Ireland,

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Minister Naughten Awards €20m in Community Energy Grants

Denis Naughten T.D., Minister for Communications, Climate Action and Environment has announced that 38 community energy projects are to receive

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Over 900 jobs recorded in Irish Spin-out companies last year

Knowledge Transfer Ireland (KTI) launched its Annual Review ahead of the KTI Impact Awards taking place on 23rd June. The

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Minister Simon Coveney T.D. Launches €1 million THINKTECH initiative to use technology for social good in Ireland

THINKTECH, a €1 million project to support and grow ideas for a better Ireland, was today officially launched at The

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Sportlomo creating 25 new jobs for Mayo

Sportlomo, is to create 25 new jobs for Co Mayo, following a €270,000 angel investment from West by Northwest. The

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Ulster Bank Announces RBS Winners

Today, Ulster Bank announced the winners of the RBS Skills and Opportunities Fund.

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Fáilte Ireland Announces New Capital Scheme

Fáilte Ireland Capital Investments Supports for Large Tourism Projects has announced that they will provide €65 million as an investment to develop new, or maintain current tourist hot-spots and boost tours across Ireland.

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EY announces 270 jobs

EY has announced that it will be creating 270 jobs for Dublin, Cork, Limerick, Waterford and Galway. The accountancy company, formerly known as

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Tiger to open 12 more Irish Stores by 2017

Tiger has announced that it plans to open 12 new stores in Ireland by 2017. The Irish company that runs the

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Dalata acquires hotel development site for €8m

Irish hotel group Dalata has agrees a deal for a hotel development site on Kevin Street in Dublin City Centre for €8.1m.

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Pizza Hut to invest €50m into new outlets and staff across Ireland and the UK

Pizza Hut Delivery has announced that it is to create 3,000 jobs in 200 new stores across the UK and

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BT to invest £6bn in UK network upgrade

London-based broadband provider BT said it would spend £6 billion on rolling out superfast fibre and 4G mobile connections in the

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Obelisk Group secures €6m investment

Obelisk Group has secured a €6m investment to help fund the expansion of its telecommunications and power infrastructure sectors in

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Merck to create 70 jobs for Cork

70 new jobs are to be created at Merck in Co. Cork. The announcement comes after the medical science and

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OPKO Health Expansion to Create 200 Jobs in Waterford

OPKO Health Inc. (NYSE: OPK), a diversified healthcare company, today announced plans to create 200 highly skilled jobs over the

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