Manufacturing & Supply Chain

Investment

Economic growth outlook impressive despite Brexit effects

    Economic growth outlook impressive despite Brexit effects

Ibec’s new Q1 Quarterly Economic Outlook forecasts growth of 3.1% for 2017 and 2.8% in 2018. Strong improvements in consumer spending and investment are the key drivers behind this growth,

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€44m investment in early stage funding for high growth companies announced

    €44m investment in early stage funding for high growth companies announced

The Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor has announced that up to €44 million is being made available for co-investment in Seed and early stage growth companies

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Asavie opens new HQ in Kuala Lumpur

    Asavie opens new HQ in Kuala Lumpur

Irish IoT platform provider Asavie has announced the opening of a new regional headquarters in Kuala Lumpur, Malaysia and the establishment of a new Point-of-Presence (PoP) in APAC. The new

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Brexit talks must deliver free access to UK market says IDIA

    Brexit talks must deliver free access to UK market says IDIA

The Irish Dairy Industries Association (IDIA), the Ibec group that represents the dairy sector, has called for the sector to be a key priority for the Irish government in the upcoming

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Minister for Jobs launches VODAFONE & SIRO National Gigabit Hub Initiative

    Minister for Jobs launches VODAFONE & SIRO National Gigabit Hub Initiative

Minister for Jobs, Enterprise & Innovation, Mary Mitchell O’Connor has launched Vodafone and SIRO’s national Gigabit Hub Initiative, which aims to spark a digital transformation in 15 towns across Ireland.

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Boulder Media to expand Dublin studio

    Boulder Media to expand Dublin studio

Boulder Media, which was acquired in 2016 by Hasbro, Inc, is adding several new animation positions to its operations in Dublin. To house the expanded team, Boulder Media will be

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€3m investment for Sandyford business district

    €3m investment for Sandyford business district

More than €3 million is to be invested in improving Sandyford’s business district over the next five years. Funded by the 1,000 companies based across the area’s four industrial parks,

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ISIF invests €50m in Reverence Capital Partners Opportunities Fund

    ISIF invests €50m in Reverence Capital Partners Opportunities Fund

A fund run by former executives at Goldman Sachs has received €50m from the Irish Strategic Investment Fund (ISIF) to develop financial services jobs in Ireland. Reverence Capital Partners Opportunities

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Paul Synnott appointed as a Director of Esri Ireland

    Paul Synnott appointed as a Director of Esri Ireland

Esri Ireland, a global leader in Geographic Information’s Systems (GIS), has appointed Paul Synnott to its board of directors. In his current role as country manager, Paul is responsible for leading

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€720m spent on Irish hotel transactions in 2016

    €720m spent on Irish hotel transactions in 2016

According to new research from Cushman & Wakefield, a record €720 million was spent on 51 hotel transactions in Ireland last year. Cushman & Wakefield, the commercial partner here of

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Reluctance among asset management sector to adapt to technological advances

    Reluctance among asset management sector to adapt to technological advances

A new study from PwC has reported that Brexit and digital technology will reshape the asset and wealth management industry, although only 10% are investing in digital. Among global companies

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Dublin City Council announces €100k of innovation procurement funding to increase cycling in city

    Dublin City Council announces €100k of innovation procurement funding to increase cycling in city

Four companies have been each awarded €25,000 Phase 2 funding to develop smart technology solutions to help increase bicycle usage, to gather better data to understand cyclist behaviour and also

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Enterprise Ireland brings 11 client companies to Texas event

    Enterprise Ireland brings 11 client companies to Texas event

Minister for Employment and Small Business Pat Breen is leading a 4-day Enterprise Ireland trade visit to the USA. The highlight of the trade visit is the Enterprise Ireland exhibition

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Plans to transform Abbeyfeale convent into business hub

    Plans to transform Abbeyfeale convent into business hub

Abbeyfeale Community Council plans to transform the convent into a hub for new businesses and job creation, a community events hall and a visitor and heritage centre. If the community

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HBAN angels invested €13.6m in 50 Irish start-ups in 2016

    HBAN angels invested €13.6m in 50 Irish start-ups in 2016

HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, recently announced that business angels invested €13.6 million in 50 Irish start-ups

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Irish small firms unaware of Brexit dangers

    Irish small firms unaware of Brexit dangers

Many Irish small- and medium-sized businesses are still unaware of the dangers posed to them by Brexit, according to a new report. The report from the Joint Committee on Jobs,

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Irish economy grows 5.2% in 2016

    Irish economy grows 5.2% in 2016

Ireland’s economy grew 5.2% last year, exceeding all other euro zone countries and most official forecasts for the third successive year. The latest quarterly national accounts from the Central Statistics

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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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New €7 Million EU Investment in Wales and Ireland’s Fisheries Industry

    New €7 Million EU Investment in Wales and Ireland’s Fisheries Industry

More than €7 million of EU funds will be invested in science and technology projects to help protect and develop the marine life and the fisheries industry in Wales and

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Draft River Basin Management Plan For Ireland Published

    Draft River Basin Management Plan For Ireland Published

Simon Coveney TD, Minister for Housing, Planning, Community and Local Government, has published the draft River Basin Management Plan (RBMP) for Ireland 2018-2021, which is subject to public consultation for

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AIB Announce Pre-Tax Profits of €1.7 Billion

    AIB Announce Pre-Tax Profits of €1.7 Billion

AIB announced annual pre-tax profits of €1.7 Billion and proposed a dividend of €250 million on Thursday. In a statement, AIB said that the profits were driven by strong sustainable business

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Mobile Technologies to Create 150 Jobs in Drogheda

    Mobile Technologies to Create 150 Jobs in Drogheda

Minister for Jobs, Enterprise and Innovation Mary Mitchell O’Connor announced on Wednesday that Mobile Technologies Inc. (MTI) is to hire 150 people in its newly established European Contact Centre Headquarters

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Enterprise Ireland Announces Two Start Fund Competitions

    Enterprise Ireland Announces Two Start Fund Competitions

Two Competitive Start Fund (CSF) competitions worth a total of €1 million in funding from Enterprise Ireland will open for

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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

Technology company Ricoh announced on Thursday plans to more than double Irish staff base to 190 in next three years.

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153 Dublin Jobs Announced in Four Companies

    153 Dublin Jobs Announced in Four Companies

The creation of 153 new jobs for Dublin from four North American and European high-growth companies was announced on Wednesday

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Microsoft to Hire 600 People in Dublin

    Microsoft to Hire 600 People in Dublin

Microsoft announced on Friday plans to hire 600 people, according to IDA Ireland. Following the selection of Dublin as the

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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

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What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

    What Needs to Change in Ireland if we Want to be a Real Global Leader in R&D

Post written by Ian Collins, Partner at EY Ireland. Previously published on Fora.ie The burden for small firms investing in research

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OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

    OncoMark Secures €2.1 Million Investment to Commercialise Breast Cancer Diagnostic Test

OncoMark, a University College Dublin (UCD) spin-out company, announced on Wednesday that it has secured €2.1 million to fund the commercialisation

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The Benefits of R&D Tax Credits and the Knowledge Development Box for the Construction Sector

    The Benefits of R&D Tax Credits and the Knowledge Development Box for the Construction Sector

Post provided by Mazars. From building technologies and enhanced decision-making systems, the advances in both digital technology and connectivity with

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NGINX to Establish EMEA Headquarters in Cork

    NGINX to Establish EMEA Headquarters in Cork

Web server developer NGINX, Inc. announced on Monday plans to establish a new headquarters for EMEA in Cork, creating 100

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BrowserStack to Establish International Headquarters in Dublin

    BrowserStack to Establish International Headquarters in Dublin

Mobile and web testing platform BrowserStack has operationalized its devise Mobile Data Center in Dublin, Minister for Jobs, Enterprise and Innovation

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Shard Capital Launches Venture Capital Fund

    Shard Capital Launches Venture Capital Fund

Shard Capital Partners LLP announcesd on Thursday the launch and first closing of the Suir Valley Venture Fund of Suir

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Accenture Launches R&D Hub ‘The Dock’, Announces 300 Jobs

    Accenture Launches R&D Hub ‘The Dock’, Announces 300 Jobs

Accenture announced on Friday plans to hire more than 300 technology and design professionals in Ireland this year. This includes

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Enterprise Ireland Invested €32 Million Into Start-Ups in 2016

    Enterprise Ireland Invested €32 Million Into Start-Ups in 2016

State agency Enterprise Ireland announced on Thursday that it invested €32 million in Irish start-ups in 2016 and supported a

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KBC Releases 2016 Preliminary Results, Commits to “Long-Term Investment in Ireland”

    KBC Releases 2016 Preliminary Results, Commits to “Long-Term Investment in Ireland”

KBC banking group on Thursday released preliminary results for their Irish operations 2016, in which it confirmed its long-term commitment

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Businesses Encouraged to Apply as New Funding is Made Available for Enterprise Training

    Businesses Encouraged to Apply as New Funding is Made Available for Enterprise Training

Skillnets, the national agency responsible for funding and supporting training networks, announced on Tuesday details of a new training fund

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New Kilkenny Animation Studio to Create 140 Jobs

    New Kilkenny Animation Studio to Create 140 Jobs

Canadian animation studio, Mercury Filmworks, together with Kilkenny-based animation studio, Cartoon Saloon, plan to create an all-new 2D-focused animation studio

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Almost 1,000 New Jobs Supported Through Microfinance Ireland Loans in 2016

    Almost 1,000 New Jobs Supported Through Microfinance Ireland Loans in 2016

The Government-funded, not-for-profit lender, Microfinance Ireland (MFI), supported the creation of almost 1,000 Irish jobs through loans to small business

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Red Hat to Create 60 Jobs in Waterford

    Red Hat to Create 60 Jobs in Waterford

Open source software company, Red Hat, plans to invest €12.7 million in a new project, creating up to 60 jobs

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€28 Million Funding Announced for Fishery Harbour Infrastructure

    €28 Million Funding Announced for Fishery Harbour Infrastructure

Minister for Agriculture, Food and the Marine Michael Creed announced details of a €28 million Capital Investment Package for the

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MicksGarage.com Raises €1.5 Million for UK Market Growth

    MicksGarage.com Raises €1.5 Million for UK Market Growth

Irish online automotive parts retailer MicksGarage.com announced on Sunday the completion of a €1.5 million funding round to support further

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Government Opens Public Consultation for National Planning Framework

    Government Opens Public Consultation for National Planning Framework

The Taoiseach and Minister Simon Coveney launched a major national consultation for the preparation of a strategic planning and development

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€5 Billion Investment in Irish BioPharma Sector

    €5 Billion Investment in Irish BioPharma Sector

Capital investment projects valued at €5 billion have been recently completed or are currently in progress across the Irish biopharma

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Traceability – How to Have Your Cake and Eat It

    Traceability – How to Have Your Cake and Eat It

“Implementing a traceability system is not an expense. The benefits of traceability should outweigh the cost of implementation,” according to

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Action Plan Hopes to Help Create 200,000 Jobs by 2020

    Action Plan Hopes to Help Create 200,000 Jobs by 2020

Taoiseach Enda Kenny and Minister for Jobs, Enterprise & Innovation Mary Mitchell O’Connor launched the Action Plan for Jobs 2017

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Element Six Announces €7 Million Investment in Shannon, Creating 100 Jobs

    Element Six Announces €7 Million Investment in Shannon, Creating 100 Jobs

Synthetic diamond and supermaterials company Element Six, a member of The De Beers Group, announced on Friday the creation of

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Almac Group Secures New Premises in Dundalk, Louth

    Almac Group Secures New Premises in Dundalk, Louth

Craigavon-based pharmaceutical organisation, Almac Group, secured new premises in Dundalk, County Louth, in response to increased client demand, it was

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Government Invested €761 Million in Research & Development in 2016

    Government Invested €761 Million in Research & Development in 2016

The latest report on Government investment in research and development (R&D),  published by the Department of Jobs, Enterprise and Innovation on

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EIB Confirms Record €825 Million Backing for Irish Investment in 2016

    EIB Confirms Record €825 Million Backing for Irish Investment in 2016

The European Investment Bank (EIB) announced on Tuesday that they had provided more than €825 million for long-term public and

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Deloitte to Open Blockchain Lab in Dublin

    Deloitte to Open Blockchain Lab in Dublin

Professional services firm Deloitte opened its EMEA blockchain lab at Whitaker Court in Dublin’s “Silicon Docks” district on Monday. The

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InsideSales to Open Ireland Offices, Creating More Than 120 Jobs

    InsideSales to Open Ireland Offices, Creating More Than 120 Jobs

Predictive sales acceleration platform InsideSales is expanding into Ireland, the company announced on Wednesday. InsideSales also announced a new growth

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EVO Payments International to Create 50 Jobs as Part of €9.1 Million Investment

    EVO Payments International to Create 50 Jobs as Part of €9.1 Million Investment

Card payment service provider EVO Payments International plans to open a new Irish headquarters and create 50 new jobs as part

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SilverCloud Health Raises $8.1 million in Series A Funding

    SilverCloud Health Raises $8.1 million in Series A Funding

Digital company SilverCloud Health raised $8.1 million in Series A funding, the Department of Jobs announced on Thursday. Venture capital firm B

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Prime Industrial Rents Expected to Grow 13.9 Percent in 2017

    Prime Industrial Rents Expected to Grow 13.9 Percent in 2017

Prime rents in the industrial sector may rise by almost 14% in 2017, following an increase of 25% last year,

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Steeltech Sheds Ltd Announces €5 Million Investment, 43 New Jobs for Tuam, Galway

    Steeltech Sheds Ltd Announces €5 Million Investment, 43 New Jobs for Tuam, Galway

Galway-based steel shed-manufacturers, Steeltech Sheds Ltd., announced on Tuesday a major investment of €5 million over the next three years

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€34.5 Million in Funding Announced for the Technology Transfer Strengthening Initiative

    €34.5 Million in Funding Announced for the Technology Transfer Strengthening Initiative

Enterprise Ireland reported on Tuesday that the third phase of its Technology Transfer Strengthening Initiative (TTSI), which serves to bolster

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