Industry & Business

Tag "Ireland"

Zamano Full-year revenues up 22.3%

    Zamano Full-year revenues up 22.3%

Zamano the Dublin based mobile messaging, payments and marketing company, has recorded a 22% rise in revenue to €24.3m for last year.
Zamano reported pre-tax profits of €2.4m for the 12 months to the end of December, up 13% on the previous year.
The company said it was boosted by expansion in the UK and, for most […]

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100 jobs to be created in Dublin by Credit Suisse

    100 jobs to be created in Dublin by Credit Suisse

Investment bank Credit Suisse is to open a trading floor in Dublin and will hire up to 100 staff here before the end of the year.
The bank is to take on 40 trading, risk and capital professionals and 60 support roles as it begins offering brokerage, financing and securities lending from Dublin for clients around the […]

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Enterprise Ireland companies created 10,000 jobs in 2015

    Enterprise Ireland companies created 10,000 jobs in 2015

Enterprise Ireland client companies created 10,000 new jobs during 2015, according to the agency.
In total the Government agency responsible for developing Irish business globally reported the creation of 21,118 new jobs by client companies last year, but when job losses at these firms are included the figure is more than halved.
Total employment at Enterprise Ireland-supported […]

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Glanbia to create 50 new jobs

    Glanbia to create 50 new jobs

Glanbia is to create 50 Irish jobs as part of a recruitment drive that seeks to fill 200 positions across the company’s global operations.
90 of the 200 positions to be filled will be based in Ireland, with 50 of them newly created posts.
The remaining positions are to be based in a number of locations across […]

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Irish salaries to rise in 2016

    Irish salaries to rise in 2016

According to a survey by consultant company, Mercer, salaries in Ireland are forecast to rise by over 2% in 2016.
Mercer surveyed 135 organisations and 97% said they were planning pay hikes in the next year.
Firms in the life sciences, hi tech and services industries are forecasting the largest increases of between 2.5% and nearly 3%.
As […]

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Forecast predicts 6% growth in Irish economy

    Forecast predicts 6% growth in Irish economy

The Irish economy is expected to grow by almost 6% this year, according to a new forecast.
The EY Economic Eye forecast for winter shows that Ireland’s economy is on track to outpace all other EU states in 2015.
The growth is still mainly centred around the big cities however, with Dublin showing an 8% unemployment rate […]

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Infosys to create 250 jobs in Ireland

    Infosys to create 250 jobs in Ireland

Taoiseach Enda Kenny TD and Richard Bruton TD, the Minister for Jobs, Enterprise and Innovation, Government of Ireland announced today that Infosys intends to create 250 new jobs over the next three years in Ireland to develop new technologies and support innovation in global financial institutions.
The expansion will see Infosys create up to 95 roles […]

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Major investment programme for Cork, Kerry

    Major investment programme for Cork, Kerry

Details of proposed Government investments to be made in Cork and Kerry will be outlined later today at a briefing by Minister for Public Expenditure Brendan Howlin and Minister for Agriculture, Food & the Marine Simon Coveney.
Major projects being proposed include a programme of school building, the provision of primary care centres in health, and the […]

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Eir revenues increase 4% to €325m in first quarter of its financial year

    Eir revenues increase 4% to €325m in first quarter of its financial year

Eir – formerly Eircom – posted a second consecutive quarter of revenue growth and a third consecutive quarter of EBITDA growth in the first quarter of its financial year.
The company has been struggling in a highly competitive market in recent times but the figures will cheer management after a high-profile rebrand.
Revenue in the quarter of […]

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CPL Resources to create 200 new jobs

    CPL Resources to create 200 new jobs

Recruitment company CPL Resources announced the creation of 200 skilled, operational roles across the Group’s extensive branch network in the next two years.
These roles will include high value senior positions in Global Sales and Digital, and roles at varying levels in Recruitment, Sales and Marketing. The jobs will be across the organisation in Dublin, the […]

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KPMG report: Solar technology deployment could support up to 7,300 jobs for economy

    KPMG report: Solar technology deployment could support up to 7,300 jobs for economy

A new report from KPMG has found that deploying solar PV technology to power Irish homes and businesses could support up to 7,300 new jobs per year between 2017 and 2030. ‘A Brighter Future – The Potential Benefits of Solar Photovoltaics* (PV) in Ireland’ is published on 24th November 2015, by KPMG in association with […]

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Greencore reports higher full-year profits and revenues

    Greencore reports higher full-year profits and revenues

Greencore, the Irish-based food-to-go company, has reported a 13.5% increase in pre-tax profits for the year to the end of September.
Figures published this morning show Greencore, the largest maker of pre-packaged sandwiches in Europe, had revenue of £1.34 billion, a 5.2% jump in revenue. Adjusted pre-tax profits rose to £78m from £68.7m.
Greencore said it experienced growth […]

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Carlyle Cardinal Ireland invests in Cork-based Abtran

    Carlyle Cardinal Ireland invests in Cork-based Abtran

Carlyle Cardinal Ireland (CCI), the Irish private equity fund announced that it has finalised the terms of an investment in Abtran, a provider of Business Process Management services in Ireland.
The terms of the deal were not disclosed, but the transaction is expected to close in early 2016.
Abtran’s existing management team, including CEO Michael Fitzgerald and […]

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Government to profit from Pfizer’s €151bn takeover of Allergan

    Government to profit from Pfizer’s €151bn takeover of Allergan

Pfizer’s deal to buy-out Allergan was formally announced yesterday the 23rd November, it will be one of the largest corporate takeovers in history, which will not only benefit the shareholders of Allergan but also the Irish Government.
Ireland’s exchequer will be in line for an annual boost of up to €620 million following the announcement.
When the deal is completed, Pfizer […]

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Pfizer in talks to aquire Allergan

    Pfizer in talks to aquire Allergan

Pfizer is in talks to acquire Allergan in a $370 to $380 deal for each Allergan share, the global drug industry’s largest ever.
While negotiations have made progress in recent days, an agreement is not imminent and its timing remains uncertain following the Treasury’s disclosure that it would seek to tighten the rules on inversions.
The development throws […]

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266,000 new jobs promised by the Coalition in the five years

    266,000 new jobs promised by the Coalition in the five years

The Coalition is to launch a new plan today aimed at putting more people at work.
The plan does warn that countries will have to work harder to attract investment as well as workers.
The plan confirms that the quality of life on offer will be key to attracting skilled workers and creating more employment for the […]

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Ireland on course to meet 2020 emissions target

Fine Gael MEP for Dublin, Brian Hayes, today welcomed a letter from the EU Climate Commissioner, which says that Ireland is on course to meet its EU greenhouse gas emissions targets by 2020. Under EU binding targets, Ireland is obliged to reduce its greenhouse gas emissions by 20%, compared to 2005 levels.
“EU Climate Commissioner Arias […]

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China Construction Bank signs $500m deal to base Aircraft Leasing Division in Ireland

CCB Leasing International (CCBLI) today announced the establishment of its international headquarters in Ireland. CCBLI is a wholly owned subsidiary of China Construction Bank (CCB), one of the world’s largest companies.
CCBLI plans to grow its aircraft leasing business from 17 to 200 aircraft over the next five years.
China Construction Bank  is  the fourth largest bank  in the […]

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Realex Payments announces 20 jobs at Web Awards 2015

    Realex Payments announces 20 jobs at Web Awards 2015

Sponsors of the Web Awards 2015, Realex Payments, announced on stage that it is to create 20 jobs in the e-payments company.
Amongst the celebrations last night, a representative from Realex Payments took the time to announce the new jobs.
However, the company did confirm that the 20 jobs will be for developers within Realex Payments.
Only last September, the […]

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MEP Kelly gets Paris climate change mandate from European Parliament

The European Parliament this week adopted its position ahead of the upcoming 2015 United Nations Climate Change Conference, known as COP21.
The adopted document will now give a mandate the Parliamentary delegation that will travel to December’s conference in Paris to put their mark on the Global Agreement that is expected to be reached.
This agreement, which […]

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Unilever Ireland returns to record profit

The Irish arm of Unilever last year returned a record pre-tax profit of  €6.3m.
This comes after sustaining pre-tax losses of €8.9m in the previous year. The consumer goods giant sells the Ben & Jerry’s Ice-cream brand along with the Knorr and Hellman’s food brands. Unilever last year saw an 8.5 percent drop in revenues going from €263.95m […]

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Life sciences drive job availability up 10 percent

    Life sciences drive job availability up 10 percent

A triumvirate of financial services, professional services and life sciences have helped push the number of jobs available in Ireland up 10 percent with areas outside of Dublin feeling the benefit.
That 10 percent rise is comparing September 2015 to 2014, with the number of professionals entering the jobs market up a massive 20 percent on […]

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Sage announces new Dublin centre as cornerstone of its European strategy

Europe’s second largest technology company Sage announces the opening of a new Sandyford base and the creation of 300 jobs.
The Dublin Centre will serve the European market for Sage, the world’s leading small business accounting, payments and payroll solutions provider.
These new centres will provide digitally-driven sales and support for its global products. It will enhance the […]

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Twitter to cut 8 percent of worldwide workforce

    Twitter to cut 8 percent of worldwide workforce

Twitter is making rather significant cuts to its employee numbers after confirming it is to shed 8 percent of its staff. This is approximately 336 people and is part of its efforts to streamline its engineering team.
This development at Twitter was only revealed yesterday, with reports that sources within the company said the cuts were […]

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Central Bank raises 2015 GDP forecast to 5.8 percent from 4.1percent

Ireland’s economic recovery accelerated in the first-half, expanding from the export sector to the domestic economy, prompting the Central Bank to revise its GDP forecast for 2015 up to 5.8 percent from 4.1 percent.

In its quarterly bulletin, the bank said its expects gross domestic product (GDP) to rise by 4.7 per cent next year, up […]

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Siemens ‘Partner 2020’ plan aims to lift Irish manufacturing to new heights

 Siemens is launching its ambitious Partner 2020 programme. The bold strategy is set to inject a fresh focus on supplying technology and guidance to make Ireland a global manufacturing powerhouse, helping to drive productivity and reduce costs by up to 30%.
The ‘Partner 2020’ strategy, spearheaded by Andrew Reeks, is designed to rapidly change the technology […]

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