Industry & Business

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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

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Carlow Craft Brewery attracting investors through tax efficiency scheme

Carlow Craft Brewery, is looking to tap wealthy clients of Dublin stockbroking firms to raise up to €2.5 million for a new brewhouse under a tax-efficient business expansion scheme. The company,

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Regeneron Announces an Additional $350 Million Investment and 200 New Jobs for Limerick

    Regeneron Announces an Additional $350 Million Investment and 200 New Jobs for Limerick

Regeneron a leading science-driven biopharmaceutical company, today announced that it is investing an additional $350 million in its Limerick Industrial Operations and Product Supply (IOPS) bioprocessing campus and will add another

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Government mid-west plan aims for 23,000 new jobs

    Government mid-west plan aims for 23,000 new jobs

Jobs Minister Richard Bruton said the region – encompassing Clare, Limerick and Tipperary – suffered more than other areas during the crash and that 25,000 jobs had been lost there.

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Central Bank to roll out rounding initiative on Wednesday October 28

    Central Bank to roll out rounding initiative on Wednesday October 28

Consumers will be able to opt out of rounding and 1c and 2c coins will still be legal tender. Rounding will apply only to cash payments ands, only to the

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30 new jobs for Cork with new product Smartzone

Cork company Accuflow have announced a €1m investment with the creation of 30 new jobs. Accuflow is a global manufacturer of wireless technology and hopes to transform home energy bills through a

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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

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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

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SITA moves to new state-of-the-art facility

    SITA moves to new state-of-the-art facility

SITA, the world’s leading specialist in air transport communications and IT solutions, has moved to new state-of-the-art premises in Letterkenny. A team of 148 employees work at SITA in Letterkenny

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Donohoe defends Govt’s engagement with Web Summit

    Donohoe defends Govt’s engagement with Web Summit

Minister for Transport Tourism and Sport Paschal Donohoe has said engagement did take place and efforts were made by the Department of the Taoiseach to keep the Web Summit in Ireland.

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Pro-cyclical budget ‘likely to increase economic volatility’

    Pro-cyclical budget ‘likely to increase economic volatility’

The stimulus boost provided by Budget 2016 is likely to increase economic volatility, ratings agency Fitch has said. The ratings giant nonetheless said the Budget was consistent with improving finances,

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Topaz to consider operating some food-only outlets

    Topaz to consider operating some food-only outlets

Chief executive Emmet O’Neill told RTE’s Morning Ireland that the company was “playing with those ideas at the moment”. “Where we do have sites that are small forecourts, often what

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800 jobs for Northern Ireland with Teleperformance

International call centre firm, Teleperformance, is significantly expanding operations at an Enniskillen-based contact centre. The company took on the running of Liberty Insurance’s Enniskillen call centre in the summer. The new

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Air France job cuts could be avoided

    Air France job cuts could be avoided

Air France plans to cut jobs and flights could still be avoided if talks between managers and unions progress, the airline’s board has said. The board reaffirmed its support for

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Kerry dishes out $735m for three US food and beverage businesses

    Kerry dishes out $735m for three US food and beverage businesses

Kerry Group has spent $735m (€646m) on three US acquisitions, with chief executive Stan McCarthy saying the businesses provided the company with “tremendous growth opportunities”. The group is buying Wisconsin-based

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Nestle cuts full-year outlook after 9-month sales miss

    Nestle cuts full-year outlook after 9-month sales miss

Food giant Nestle today lowered its full-year outlook as a Maggi noodle scandal continued to drag down third-quarter sales. The world’s largest packaged food company’s sales dropped 2.1% to 64.9

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Quinn firm lost €4m in first six weeks

    Quinn firm lost €4m in first six weeks

Quinn Industrial Holdings lost €4 million in its first six weeks of operation, according to accounts released yesterday. The accounts show the business, that took over certain manufacturing operations formerly part of

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ESB opens new €33m Woodhouse Wind Farm in County Waterford

Minister for Energy Alex White TD  today opened the new €33m Woodhouse Wind Farm in County Waterford, a key part of ESB’s Wind Development programme. The new renewable energy site

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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

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Toyota Unveils Bold New Environmental Targets

With the aim of contributing to global environmental sustainability, Toyota has developed an ambitious set of goals to be achieved over the next 35 years. Addressing key global environmental issues

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Find out the latest technology trends at the SolutionsPT Roadshow

Industrial IT solutions provider, SolutionsPT, is hosting a special event in Ireland focusing on ‘The Evolution of Industrial IT’. Taking place on Wednesday 4th November at the K Club in

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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

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Netflix blames new chip-based cards for weak subscriber growth

    Netflix blames new chip-based cards for weak subscriber growth

Video-streaming service provider Netflix reported third-quarter US subscriber additions below its own forecast, blaming a transition to chip-based cards for the miss. Shares of Netflix, plunged about 15 percent after

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€3.3m in funding for Dublin based tech firm ChannelSight

ChannelSight, an Irish-founded tech firm, has received a €3.3 million investment to scale operations in Europe and the US. The funding

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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

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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

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Budget significantly cuts tax on lorries

Road tax on lorries has been reduced from a maximum €5,195 to €900 in the Budget. This move brings the

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CityJet to sign a €900m deal to renew fleet

Irish airline CityJet is set to sign a €900 million deal for up to 25 new Sukhoi Superjet100 (SSJ 100)

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UCD spinout company Logentries bought for almost €60m

    UCD spinout company Logentries bought for almost €60m

University College Dublin spinout company Logentries has been bought by US based security data and analytics software firm Rapid7 in

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Pepsi licenses its brand to make US$200 smartphones in China

    Pepsi licenses its brand to make US$200 smartphones in China

With Android phones becoming so commonplace, so what if they are compared to sugar water? In fact, Pepsi appears to

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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

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SEKO Logistics awarded ISO 13485 certification

SEKO Logistics’ European MedTec control tower in Galway, has been awarded ISO 13485 certification. ISO 13485 is the known and trusted quality standard in

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JFC sets target of €100m

Plastic products company, JFC Manufacturing, is launching a marine products division in a move to double sales to €100m by

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Price increases of drug Daraprim could impact the global pharma sector

Overnight price increases of Daraprim drug by the US start-up, Turing Pharmaceutical is impacting pharmaceutical sectors worldwide. The company had

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Over 5,000 Irish staff at Dell and EMC face wait on jobs news

    Over 5,000 Irish staff at Dell and EMC face wait on jobs news

The two computer giants confirmed the planned takeover yesterday in what is the biggest ever tech deal. Michael Dell, who

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Aer Arann secures one-year contract to Aran Islands

Aer Arann will provide an air service to the Aran Islands until September 30th 2016. The Minister of State for

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Budget 2016: USC cut worth €1,000 for workers

    Budget 2016: USC cut worth €1,000 for workers

The final Budget before the General Election will see Fine Gael and the Labour Party seek to appeal to working

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Oil market on course to stabilise with growing demand

    Oil market on course to stabilise with growing demand

Global demand for crude is growing while non-OPEC countries are producing less of it. This is helping to bring the

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Anheuser-Busch agrees £68bn take over deal with SABMiller

    Anheuser-Busch agrees £68bn take over deal with SABMiller

Anheuser-Busch InBev has agreed in principle to buy SABMiller for approximately £68 billion or €92 billion, raising its bid after

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Dell confirms acquisition of EMC for US$67bn in largest tech deal

Dell has confirmed it will buy data storage company EMC in a deal valued at about $67 billion, the largest

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Despite a decline the construction sector continues to grow

The construction sector ended the third quarter of the year on a positive note, according to the latest construction Purchasing

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C&C under fire from shareholders after profit warning

    C&C under fire from shareholders after profit warning

C&C shareholders are pushing for a strategic overhaul of the company following a sequence of earnings downgrades, a profit warning

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40 New Jobs at Connacht Whiskey Distillery

    40 New Jobs at Connacht Whiskey Distillery

A dream to bring pure pot still Irish whiskey back to the West of Ireland after an absence of over

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Energy efficiencies delivered as RTÉ signs up to SEAI’s Public Sector Energy Partnership

  RTÉ has signed up to an energy partnership with the Sustainable Energy Authority of Ireland (SEAI) to adopt cost

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Budget package of tax cuts and spending hikes now set to be €3bn

    Budget package of tax cuts and spending hikes now set to be €3bn

In a note circulated this morning Conall MacCoille said the just-published White Paper on Estimates of Receipts and Expenditure showed

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Dell expected to announce $53 billion EMC merger today

    Dell expected to announce $53 billion EMC merger today

Dell will announce Monday that it’s acquiring data storage provider EMC, according to a person familiar with the matter, creating a

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National Manufacturing & Supply Chain Conference & Exhibition 2016 is Bigger and Better

Reflecting its continued expansion and development into an All-Ireland ‘must-attend’ annual event, the National Manufacturing & Supply Chain Conference &

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3D printer Stratasys’ help save little girl with heart deformation

Heart surgery is no simple task, particularly when it comes to a five year old with a malformed heart and

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New Central Bank chief to be named after budget

    New Central Bank chief to be named after budget

Minister for Finance Michael Noonan will wait until after Budget 2016 to nominate a successor to outgoing Central Bank governor

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Consensus forecast predicts economy to grow by 5.6pc in 2015

    Consensus forecast predicts economy to grow by 5.6pc in 2015

The forecast, carried out by DKM Economic Consultants, based its estimate on projections from both Irish and international bodies such

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Uncertainty for almost 6,000 Irish jobs amid Dell/EMC talks

    Uncertainty for almost 6,000 Irish jobs amid Dell/EMC talks

Dell, the world’s third-biggest personal computer maker, is understood to be in talks to combine with all or part of

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Applications now open for Accenture’s FinTech Lab

Today during the Startup Gathering it was announced that applications are now open for Accenture’s latest Fintech Innovation Lab. The Lab

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Government actions the greatest challenge to exporters

Government actions and policies are some of the greatest challenges to UK exporters according to a new business survey conducted

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Laya healthcare appoints GMC and Neopost to plan for the future of customer communication

  Laya Healthcare has chosen GMC Inspire to deliver all customer communications. The agreement will enhance the customer communication process

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Tullow Oil regains it’s stake in Gabon

Irish-listed Tullow Oil has reached an agreement with the Gabonese government to regain its stake in oil fields. In a

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Dell reportedly in talks with EMC for one of biggest ever tech mergers

    Dell reportedly in talks with EMC for one of biggest ever tech mergers

Dell, the world’s third largest personal computer maker, is in talks to buy data storage company EMC, a person familiar

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Funds lost interest when O’Brien refused to budge on price

    Funds lost interest when O’Brien refused to budge on price

The warning lights started flashing over the weekend in the Carribbean, suggesting all was not well with Denis O’Brien’s plan

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Lidl to pay Irish staff Living Wage of €11.50 an hour

    Lidl to pay Irish staff Living Wage of €11.50 an hour

Lidl has become the first Irish supermarket chain to sign up to the Living Wage Campaign, pledging to pay staff a

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