Industry & Business

Economy

Softer Rise in Construction Activity Amid Storm Disruption

    Softer Rise in Construction Activity Amid Storm Disruption
The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.6 in February, down slightly from 50.9 in January and
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New EU Circular Economy Action Plan Shows the way to a Climate-neutral, Competitive Economy of Empowered Consumers

    New EU Circular Economy Action Plan Shows the way to a Climate-neutral, Competitive Economy of Empowered Consumers
The European Commission has adopted the EU’s new Circular Economy Action Plan. It is one of the main building blocks of the European Green Deal and aims to make the EU economy
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Vivid Edge Wins the Sustainability Award at 2020 SFA National Small Business Awards

    Vivid Edge Wins the Sustainability Award at 2020 SFA National Small Business Awards
Vivid Edge, the energy efficiency specialist company, has won the Sustainability Category Award at the 2020 SFA National Small Business Awards. The aim of the Awards, now in its sixteenth
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Guide to Exporting Companies in Meeting the Challenges of Covid-19

    Guide to Exporting Companies in Meeting the Challenges of Covid-19
Enterprise Ireland has published a Guide to assist affected exporting companies in transitioning through the immediate and critical challenges that Covid-19 presents and which outlines the relevant supports available to
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A New Industrial Strategy For a Globally Competitive, Green and Digital Europe

    A New Industrial Strategy For a Globally Competitive, Green and Digital Europe
The European Commission has presented a new Strategy to help Europe's industry lead the twin transitions towards climate neutrality and digital leadership. The Strategy aims to drive Europe's competitiveness and
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Reduction in Overall Carbon Emissions But Transport and Home Heating Increases put Ireland well off Target

    Reduction in Overall Carbon Emissions But Transport and Home Heating Increases put Ireland well off Target
The Sustainable Energy Authority of Ireland (SEAI) has published its Energy-Related CO2 Emissions in Ireland report. The report shows that energy-related CO2 emissions declined slightly in 2018, even as energy use increased. This
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The Guinness Storehouse Unveils New €20 Million Gravity Bar

    The Guinness Storehouse Unveils New €20 Million Gravity Bar
The Guinness Storehouse, Ireland’s number one visitor attraction, has officially opened the highly anticipated new Gravity Bar. Developed over three years, with over 175,000 man hours and almost €20 million
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National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin

    National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin
The annual National Construction Summit is being held on Tuesday, 24th March 2020 at a new venue - the National Arena, Sport Ireland Campus in Dublin. Incorporating a number of
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€24 Million Invested in Start-ups by Enterprise Ireland in 2019

    €24 Million Invested in Start-ups by Enterprise Ireland in 2019
Enterprise Ireland, the government agency responsible for the development and growth of Irish companies in global markets, invested €24 million in Irish start-ups in 2019 and supported a total of
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Shaping Europe’s Digital Future – European Commission Presents Strategies for Data and Artificial Intelligence

    Shaping Europe’s Digital Future – European Commission Presents Strategies for Data and Artificial Intelligence
The European Commission has unveiled its ideas and actions for a digital transformation that works for all, reflecting the best of Europe: open, fair, diverse, democratic and confident. It presents a European
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GDP Growth Revised Upwards Thanks to Strong Domestic Economy and Potential Increase in Government Spending

    GDP Growth Revised Upwards Thanks to Strong Domestic Economy and Potential Increase in Government Spending
EY has revised upwards its forecasts for the Republic of Ireland (ROI) in the firm’s latest EY Economic Eye report, thanks to a strong domestic economy with wage growth and public spending
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Enterprise Ireland CEO to Step Down

    Enterprise Ireland CEO to Step Down
Enterprise Ireland, the Government agency responsible for developing Irish business globally, has announced that its Chief Executive Officer Julie Sinnamon (pictured above) is to step down from her role later
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Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

    Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High
The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.9 in January, above the 50.0 no-change mark for the
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Coronavirus to Impact Irish Exports

    Coronavirus to Impact Irish Exports
By John Whelan The outbreak of the coronavirus has come at a difficult and sensitive time for China’s economy. China’s GDP growth last year was the slowest since 1990 -
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Ei Electronics Chief Receives IMR Life Time Achievement Award

    Ei Electronics Chief Receives IMR Life Time Achievement Award
Michael (Mick) Guinee, Chairman, CEO and Co-founder of Ei Electronics, which is one of Ireland’s leading indigenous electronics manufacturing and exporting companies, has received the IMR Life Time Achievement Award.
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Unlocking the Value of the Circular Economy

    Unlocking the Value of the Circular Economy
Irish Manufacturing Research (IMR) launched CIRCULEIRE - the National Platform for Circular Manufacturing – at the 2020 National Manufacturing & Supply Chain Conference & Exhibition, which was held recently at
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The Fourth Industrial Revolution Will Impact Every Aspect of Life

    The Fourth Industrial Revolution Will Impact Every Aspect of Life
“The Fourth Industrial Revolution will fundamentally change every aspect of our lives and manufacturing is at the epicentre of that. Manufacturing will be totally reshaped,” pointed out Henrik von Scheel
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Microsoft to Establish Cyber Security Centre in Belfast

    Microsoft to Establish Cyber Security Centre in Belfast
Microsoft has chosen Northern Ireland as the location for a new Cyber Security Centre which will see the creation of up to 85 new jobs in Belfast. The Department for
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Still Time to Register to Attend The 2020 National Manufacturing & Supply Chain Conference & Exhibition – 29-30th January, Citywest Exhibition Centre, Dublin

    Still Time to Register to Attend The 2020 National Manufacturing & Supply Chain Conference & Exhibition – 29-30th January, Citywest Exhibition Centre, Dublin
There is still time to register to attend the 2020 National Manufacturing and Supply Chain Conference & Exhibition, which has been extended to a two-day event to meet growing demand,
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Irish Economic Confidence Up 20%

    Irish Economic Confidence Up 20%
Accountancy experts say Irish economic confidence in Q4 has bounced back after capitulating in the previous quarter. A survey of more than 80 senior accountancy practitioners on Irish economic conditions,
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European Commission Calls For More Industry-led Training Infrastructures, Similar to Skillnet Ireland

    European Commission Calls For More Industry-led Training Infrastructures, Similar to Skillnet Ireland
The European Commission’s Skills for Smart Industrial Specialisation and Digital Transformation report has featured Skillnet Ireland as an example of best practice. Skillnet Ireland was identified as one of two National Authorities throughout the
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Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism

    Financing the Green Transition – The European Green Deal Investment Plan and Just Transition Mechanism
The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national public sector, as
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A Comprehensive EU-UK Free Trade Agreement Could Reduce Brexit Harm to the Irish Economy by Half

    A Comprehensive EU-UK Free Trade Agreement Could Reduce Brexit Harm to the Irish Economy by Half
The Government has published a study, commissioned by the Department of Business, Enterprise and Innovation, which examines the economic impact on Ireland of a potential EU-UK Free Trade Agreement. The
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Industrial Revolutionary to Speak at the 2020 National Manufacturing & Supply Chain Conference & Exhibition, Citywest Exhibition Centre, Dublin – 29-30th January

    Industrial Revolutionary to Speak at the 2020 National Manufacturing & Supply Chain Conference & Exhibition, Citywest Exhibition Centre, Dublin – 29-30th January
Credited with being the originator of the ‘Fourth Industrial Revolution’ (Industry 4.0) and named by the Financial Times as one
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Over €40 Million For 26 Projects to Drive Job Creation in the Regions

    Over €40 Million For 26 Projects to Drive Job Creation in the Regions
The Government has announced the results of the third call of the Regional Enterprise Development Fund (REDF), an open national
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Record Number Now Employed by Enterprise Ireland Supported Companies

    Record Number Now Employed by Enterprise Ireland Supported Companies
The Government has reported the creation of 16,971 new jobs by Enterprise Ireland supported companies in 2019. 221,895 people are
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€28 Million Economic Stimulus Package For the Border Region

    €28 Million Economic Stimulus Package For the Border Region
The Government has announced details of a special €28 million economic stimulus package for the Border region. The package, which
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Driving Productivity Key to Competitiveness and Sustainable Growth

    Driving Productivity Key to Competitiveness and Sustainable Growth
The NCC (National Competitiveness Council) has launched Ireland’s Competitiveness Challenge 2019 report. Building on the Council’s previous reports, the Competitiveness Challenge 2019 notes that
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National Manufacturing & Supply Chain Conference & Exhibition 2020 and Awards – 29-30th January, Citywest Hotel & Exhibition Centre, Dublin

    National Manufacturing & Supply Chain Conference & Exhibition 2020 and Awards – 29-30th January, Citywest Hotel & Exhibition Centre, Dublin
Having set new records in terms of its scale and visitor numbers last year, the 2020 National Manufacturing and Supply
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5-year Plan to Future-proof the Manufacturing Sector

    5-year Plan to Future-proof the Manufacturing Sector
The Government recently launched Ireland’s Industry 4.0 Strategy at the Irish Manufacturing Research Centre in Mullingar to help firms respond
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Planning Application Submitted For Waterford North Quays Development

    Planning Application Submitted For Waterford North Quays Development
Falcon Real Estate Development Ireland has submitted its application for Planning Permission to Waterford City & County Council for the
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New Brexit Business Survey – SMEs Urged to Ramp Up Preparations

    New Brexit Business Survey – SMEs Urged to Ramp Up Preparations
The Department for Business, Enterprise and Innovation has published the findings of a new Brexit survey. The Behaviour & Attitudes
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New €10 Million Investment in Moorepark Technology

    New €10 Million Investment in Moorepark Technology
A new €10 million investment in Moorepark Technology Limited (MTL) has been officially opened in Fermoy, County Cork. The €10
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Economic Growth Set to Continue in 2020 But at a Reduced Rate

    Economic Growth Set to Continue in 2020 But at a Reduced Rate
The Irish economy looks set to register strong growth again in 2019 with GDP likely to increase by almost 6
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The European Green Deal Aims to Make Europe Climate-neutral by 2050

    The European Green Deal Aims to Make Europe Climate-neutral by 2050
The European Commission has presented The European Green Deal – a roadmap for making the EU's economy sustainable by turning climate and environmental challenges
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British Irish Chamber of Commerce Reacts to Outcome of UK General Election

    British Irish Chamber of Commerce Reacts to Outcome of UK General Election
The British Irish Chamber of Commerce has congratulated UK Prime Minister, Boris Johnson on his election win and urged elected
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Government Investment in Research & Development Amounted to €808.1 Million in 2019

    Government Investment in Research & Development Amounted to €808.1 Million in 2019
Government spend on R&D was €765.7 million in 2018 which marks an increase of 3.6% in expenditure over the previous
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€65 Million For 16 Ground-breaking Projects Under Disruptive Technologies Innovation Fund

    €65 Million For 16 Ground-breaking Projects Under Disruptive Technologies Innovation Fund
The Government has announced that 16 innovative projects have been successful under the second round of the Disruptive Technologies Innovation
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McDonald’s Contributes €196 Million to the Irish Economy

    McDonald’s Contributes €196 Million to the Irish Economy
McDonald’s has launched an economic impact report, ‘McDonald’s in Ireland’, highlighting the significant economic contribution of the company in Ireland.
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EIB Backs €35 Million Social and Climate Investment Across Cork County

    EIB Backs €35 Million Social and Climate Investment Across Cork County
The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social
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British Irish Chamber of Commerce Appoints New President

    British Irish Chamber of Commerce Appoints New President
The British Irish Chamber of Commerce has appointed Peter O’Shea, Head of Corporate and Regulatory Affairs at ESB, as its
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Enterprise Ireland Increases Eurozone Presence With New Offices in Munich and Lyon

    Enterprise Ireland Increases Eurozone Presence With New Offices in Munich and Lyon
Enterprise Ireland is expanding its footprint in the Eurozone with two new office openings in Munich, Germany, and Lyon, France.
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EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment

    EIB Investment Report 2019 – Uncertainty Weighing on EU Business Investment
European firms are becoming increasingly pessimistic about the economic outlook according to the new EIB Investment Report 2019/2020. The report also
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€21.6 Million Boost For ‘Functional Food’ Technology Centre

    €21.6 Million Boost For ‘Functional Food’ Technology Centre
The Government has announced Enterprise Ireland funding of €7.2 million, over five years, for Food for Health Ireland, a Technology
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Brexit and Slowing Global Economy are Key Challenges For Dublin’s Growth

    Brexit and Slowing Global Economy are Key Challenges For Dublin’s Growth
Brexit continues to cast a shadow of uncertainty over the Dublin economy while slowing global growth and increased global trade
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ESB and Equinor to Deliver Potential Offshore Wind Projects

    ESB and Equinor to Deliver Potential Offshore Wind Projects
ESB has entered into a partnership with Equinor, a Norwegian-based energy company. The partnership will work to identify suitable sites
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European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan

    European Commission Approves €2.6 Billion Public Support For the Irish National Broadband Plan
The European Commission has approved, under EU State aid rules, €2.6 billion of public support for the Irish National Broadband
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The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto

    The Irish Heart Foundation Launches Ground-breaking Childhood Obesity Manifesto
Obesity “represents the greatest single threat to the health and wellbeing of children in Ireland today and drastic action is
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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013
The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell
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IPRA Forecourt & Retail News Reports on Future Oil Pricing

The latest issue of the IPRA Forecourt & Retail News magazine is now available and its publication is extremely timely
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Dramatic Changes For First-time House Buyers Not a Good Trend

    Dramatic Changes For First-time House Buyers Not a Good Trend
The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs),
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Major OECD SME and Entrepreneurship Policy Review

    Major OECD SME and Entrepreneurship Policy Review
The Government has launched an OECD Review of SME and Entrepreneurship Policy in Ireland and an accompanying roadmap with priority
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Europe’s Circular Economy Still in its Infancy

    Europe’s Circular Economy Still in its Infancy

Circular material use can minimise waste and resource extraction, improve resource efficiency, reduce greenhouse gas emissions, and contribute to conserving

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Kevin Holland Appointed Chief Executive of Invest Northern Ireland

    Kevin Holland Appointed Chief Executive of Invest Northern Ireland

Invest Northern Ireland has announced the appointment of Kevin Holland (pictured) as Chief Executive to replace Alastair Hamilton who is

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Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

    Continuation of Help-to-Buy Scheme in Budget 2020 Welcomed

The continuation of the Help-to-Buy Scheme in the 2020 Budget has been welcomed by Property Industry Ireland, Brokers Ireland, EY

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Irish Spirits Exports Increase by 10%

    Irish Spirits Exports Increase by 10%

Irish spirits exports exceeded €1 billion for the first time in 2018. The value of spirits exports from Ireland increased

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Invest NI Opens New London Hub

    Invest NI Opens New London Hub

Invest Northern Ireland has opened a new trade, investment and innovation hub in London city to support Northern Ireland businesses

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Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

    Economic Growth Set to Continue in 2020 But Significant Risks on the Horizon

The Irish economy looks set to perform robustly in 2019 with the headline GDP rate forecast to increase by 4.9

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