Industry & Business

Investment

Affidea Grows in Ireland and Opens New ExpressCare Clinic in Cork

    Affidea Grows in Ireland and Opens New ExpressCare Clinic in Cork

Affidea, Europe’s leading diagnostic imaging provider, is investing in Ireland and has officially opened its first ExpressCare clinic in Ireland in the Elysian building in Cork City to serve the

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Gyproc Ireland to Invest €8 Million at Monaghan Quarry

    Gyproc Ireland to Invest €8 Million at Monaghan Quarry

Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has announced an investment of €8 million as part of the development of its quarry in

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US Software Company Invests in NI’s Growing Software Development Sector

    US Software Company Invests in NI’s Growing Software Development Sector

Chef Software, a Seattle based software company, and leader in Continuous Automation software, is to create 55 new jobs with a new software development centre in Belfast. Chef is one

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NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

    NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the

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Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

    Additional €30 Million Commitment From EU For Micro-enterprises in Ireland

The European Investment Fund (EIF) has signed a second agreement with Microfinance Ireland (MFI) to support 2,100 micro-entrepreneurs under the European Commission’s EU Programme for Employment and Social Innovation (EaSI) after the

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SEAI to Invest €2.5 Million in RD&D Solutions For Next Generation Energy

    SEAI to Invest €2.5 Million in RD&D Solutions For Next Generation Energy

The Sustainable Energy Authority of Ireland (SEAI) has announced a research fund of over €2.5 million to support cutting-edge research, development and demonstration energy projects in 2018. The Research, Development and

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HBAN Syndicate Invests €300,000 in HamstringSolo

    HBAN Syndicate Invests €300,000 in HamstringSolo

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, and a joint initiative of Enterprise Ireland and InterTradeIreland, has announced a €300,000 investment

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Manufacturing Sector is Key to Ireland’s Economic Success But Brixit and Digitisation Challenges Loom Large

    Manufacturing Sector is Key to Ireland’s Economic Success But Brixit and Digitisation Challenges Loom Large

The Irish manufacturing sector, which contributes 25% of GDP and employs over 44,000 people both directly and indirectly, is key to Ireland’s continued economic success, according to Pat Breen TD

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SK Biotek is First South Korean Pharma Company to Invest in Ireland

    SK Biotek is First South Korean Pharma Company to Invest in Ireland

The Irish and South Korean flags have been ceremoniously raised in the grounds of a pharmaceuticals manufacturing campus in Swords, Co. Dublin, which has been acquired by SK biotek, a

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UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

    UCD Partnering in New €8.2 Million Cross Border Research Centre to Improve Cardiovascular Care

The Eastern Corridor Medical Engineering Centre (ECME), a cross border centre of research excellence within the field of cardiovascular medicine, with partners in the Republic of Ireland, Northern Ireland and

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Record Investment in Energy Efficiency and Renewable Energy in 2017

    Record Investment in Energy Efficiency and Renewable Energy in 2017

The Sustainable Energy Authority of Ireland (SEAI) has published its annual results for 2017. It shows a record €105 million government investment in energy efficiency and renewable energy, allocated through

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Beacon Broadband is Creating 12 Jobs in Derry

    Beacon Broadband is Creating 12 Jobs in Derry

A new wireless broadband provider based in the North West, Beacon Broadband, is creating 12 jobs in Derry to help it increase its export sales and position itself for future growth in

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£70,000 Rainwater Garden Completed at Clandeboye Primary School!

    £70,000 Rainwater Garden Completed at Clandeboye Primary School!

NI Water, the Department for Infrastructure, Education Authority and the Department of Education have announced that an innovative new rainwater garden to help reduce the risk of flooding has been

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Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

    Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

International hotel management company, The PREM Group, are preparing to enter the final phase of a major €6.5 million redevelopment of their latest acquisition, Cahernane House Hotel in Killarney. Purchased

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HBAN to Raise €7 Million in Angel Funding in One Day at National Conference

    HBAN to Raise €7 Million in Angel Funding in One Day at National Conference

HBAN (Halo Business Angel Network), the all-island organisation and joint initiative of Enterprise Ireland and InterTradeIreland, responsible for the promotion of business angel investment, plans to sign up a record

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210,443 Now Employed in IDA Ireland Portfolio

    210,443 Now Employed in IDA Ireland Portfolio

IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment to Ireland, has announced that employment levels in foreign owned companies have reached 210,443. This figure surpasses the

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Enterprise Ireland Supported Companies Created Over 19,000 New Jobs in 2017

    Enterprise Ireland Supported Companies Created Over 19,000 New Jobs in 2017

Enterprise Ireland, the Government agency responsible for developing Irish business globally, has reported the creation of 19,332 new jobs by Enterprise Ireland backed companies in 2017. 209,338 people are now

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Increased Angel Investment in Medtech, Virtual and Augmented Reality in 2018

    Increased Angel Investment in Medtech, Virtual and Augmented Reality in 2018

HBAN (Halo Business Angel Network), the all-island organisation responsible for the promotion of business angel investment, has announced its predictions for 2018. HBAN is forecasting a 17% increase in angel

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2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

    2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

Exeter Property Company has appointed contractors for the construction of a new 110,000 sq. ft. state-of-the-art logistics facility at Greenogue Business Park, just minutes from the Naas Road at Rathcoole.

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Wurkhouse to Create 30 Digital Jobs in Derry

    Wurkhouse to Create 30 Digital Jobs in Derry

Londonderry-based technology firm Wurkhouse is to create 30 digital marketing jobs as part of ambitious expansion plans to help it grow its export sales. Wurkhouse provides innovative marketing solutions to a

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Irish Brand, Emma By Jane Wins South Dublin Enterprise Best Start Up Award

    Irish Brand, Emma By Jane Wins South Dublin Enterprise Best Start Up Award

Irish fashion buyer turned jewellery designer, Jane Asple of Emma by Jane has won the South Dublin Enterprise Ireland, ‘Best Start-Up’ Business award at the 2017 awards. Since applying in

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Invest NI Welcomes Cayan Expansion in Northern Ireland

    Invest NI Welcomes Cayan Expansion in Northern Ireland

Invest NI has welcomed US technology firm Cayan’s reinvestment in Northern Ireland. Since establishing its technology development operation here in 2013, Cayan has seen steady growth over the past four years and

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Largest Ever European Investment Bank Support in Ireland

    Largest Ever European Investment Bank Support in Ireland

The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by

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Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

    Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part

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Medi-Shower Invests in Innovation to Drive Export Growth

    Medi-Shower Invests in Innovation to Drive Export Growth

Multi-award-winning manufacturer Medi-Shower has created ‘smart showerhead’ technology which can reduce the risk of Legionnaires disease. The cutting edge product, developed with

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EIB Loan Will Trigger €180 Million Investment Programme in Fingal

    EIB Loan Will Trigger €180 Million Investment Programme in Fingal

Fingal County Council has signed a €70 million Framework Loan Agreement with the European Investment Bank (EIB) which will trigger

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New Precision Medicine Centre of Excellence Will Improve Patient Treatment

    New Precision Medicine Centre of Excellence Will Improve Patient Treatment

A £10 million Centre of Excellence in Precision Medicine has been launched by Invest Northern Ireland and Queen’s University Belfast.

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European Investment Bank and DLL Confirm €200 Million Support For Irish Business Investment

    European Investment Bank and DLL Confirm €200 Million Support For Irish Business Investment

Companies across Ireland are expected to benefit from cheaper financing following a new €200 million initiative agreed by the European

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Europe’s Largest Card Linked Offers Company Chooses Belfast

    Europe’s Largest Card Linked Offers Company Chooses Belfast

Reward, Europe’s largest Card Linked Offers and loyalty platform provider, is establishing a new software engineering team in Belfast, creating

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Strencom to Invest €6 Million and Add 20 Employees

    Strencom to Invest €6 Million and Add 20 Employees

Strencom, the Irish managed connectivity and cloud computing provider, has announced €6 million investment from reinvested profits and the addition

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Yelo Opens New £2 Million Factory in Carrickfergus

    Yelo Opens New £2 Million Factory in Carrickfergus

Yelo, a leading test equipment manufacturing company, has officially opened its new 25,000 sq ft facility at Trooperslane Industrial Estate,

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New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

    New Co-Fund Announced With £50 Million to Invest in Northern Ireland SMEs

Invest Northern Ireland has appointed managers for a new £50 million fund which will generate investment into high potential Northern

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MetaCompliance Plans to Double Workforce

    MetaCompliance Plans to Double Workforce

North West based technology firm MetaCompliance is recruiting 69 new jobs over the next three years to help develop its worldwide sales

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EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

    EIF and SBCI Triple New Financing For Irish SMEs to €330 Million

The European Investment Fund (part of the EIB Group) and the Strategic Banking Corporation of Ireland (SBCI) have tripled their

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Fermanagh and Omagh SMEs to Create Over 30 New Jobs in £1.5 Million Investment

    Fermanagh and Omagh SMEs to Create Over 30 New Jobs in £1.5 Million Investment

SMEs in Fermanagh and Omagh are investing over £1.5million to grow their market share in Great Britain. Struct Steel Engineering,

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EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

    EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for

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HBAN to Boost Angel Investment to €25 Million Per Year By 2020

    HBAN to Boost Angel Investment to €25 Million Per Year By 2020

HBAN (Halo Business Angel Network), the all-island group responsible for the promotion of business angel investment in Ireland, plans to increase

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Ireland Has Relatively Strong Infrastructure With Some Sectoral Weaknesses

    Ireland Has Relatively Strong Infrastructure With Some Sectoral Weaknesses

A recent IMF Assessment evaluating Ireland’s public investment in infrastructure finds that infrastructure levels and management practices are generally well

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ProVision Secures a €1,000,000 Investment From Suir Valley Ventures

    ProVision Secures a €1,000,000 Investment From Suir Valley Ventures

Suir Valley Ventures, the entrepreneur-led venture capital fund, launched in February 2017, has, together with private investors, invested a combined

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Carrickfergus Aerospace Company Set to Grow

    Carrickfergus Aerospace Company Set to Grow

County Antrim firm IPC Mouldings is positioning itself for growth in the global aircraft interiors industry. The company has invested

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€200k Investment in Innovative Smart City Solutions Across the Dublin Region

    €200k Investment in Innovative Smart City Solutions Across the Dublin Region

Smart Dublin, an initiative of the four Dublin Local Authorities to engage with smart technology providers, researchers and citizens to solve

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Enisca Group is Investing £1.5 Million to Support 2020 Growth Strategy

    Enisca Group is Investing £1.5 Million to Support 2020 Growth Strategy

Cookstown-based engineering services firm Enisca Group is investing over £1.5 million in its workforce, training and business infrastructure. This investment is to

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MetLife Opens World-class Global Technology Campus in Galway

    MetLife Opens World-class Global Technology Campus in Galway

MetLife, which is one of  the world’s leading financial services companies, has officially celebrated the opening of a new Global

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AYLIEN to Invest €2 Million

    AYLIEN to Invest €2 Million

Deep Learning and advanced Natural Language Processing are the core technologies at AYLIEN, a start-up that has announced new investment

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Bio-marine Ingredients Ireland Welcomes Significant Enterprise Ireland Support

    Bio-marine Ingredients Ireland Welcomes Significant Enterprise Ireland Support

Having successfully completed a €4 million funding round earlier this year, marine foods ingredients firm, Bio-marine Ingredients Ireland (BII) has

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European Commission to Invest €30 Billion in Research and Innovation Over Next 3 Years

    European Commission to Invest €30 Billion in Research and Innovation Over Next 3 Years

The European Commission has announced how it will spend €30 billion of the EU research and innovation funding programme Horizon

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Novi Launches New ‘AirGap’ Data-recovery Service Following €120,000 Investment

    Novi Launches New ‘AirGap’ Data-recovery Service Following €120,000 Investment

Novi, the proactive managed service provider, has launched its new off-site data recovery service called AirGap following a €120,000 investment.

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Belfast SME’s Creating 55 Jobs in a £4 Million Investment

    Belfast SME’s Creating 55 Jobs in a £4 Million Investment

Invest Northern Ireland has offered eight companies in Belfast support to collectively create 55 jobs. The companies, from a range

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Theravance Biopharma Opens New Corporate Office in Dublin

    Theravance Biopharma Opens New Corporate Office in Dublin

Theravance Biopharma, a diversified biopharmaceutical company specialising in the creation of medicines for patients suffering from serious illness, has opened

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SEAI and OPW Partner on Energy Saving Pilot Programme

    SEAI and OPW Partner on Energy Saving Pilot Programme

The Sustainable Energy Authority of Ireland (SEAI) is working in partnership with the Office of Public Works (OPW) to help

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Ireland Signs Earth Observation Agreement With the European Space Agency

    Ireland Signs Earth Observation Agreement With the European Space Agency

Enterprise Ireland has signed a Technical Collaborative Arrangement with the European Space Agency. This Arrangement will provide the State with

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Launch of €6.7 Million Climate Change Research Initiative Led by University College Dublin

    Launch of €6.7 Million Climate Change Research Initiative Led by University College Dublin

The Government has officially launched the 5-year Acclimatize project (www.acclimatize.eu/), a new €6.7 million climate change research initiative, with Professor

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Guaranteed Irish Welcomes Support For Housing and Enterprise Development in Budget 2018

    Guaranteed Irish Welcomes Support For Housing and Enterprise Development in Budget 2018

Guaranteed Irish has welcomed measures in Budget 2018 to increase housing supply and support enterprise. However, the organisation cautioned that

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Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

    Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

The Construction Industry Federation (CIF) has stated that the measures announced in Budget 2018 will help address the systemic weaknesses

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Budget 2018 – A Mixed Budget, Says JLL

    Budget 2018 – A Mixed Budget, Says JLL

Following the release of Budget 2018, JLL, the financial and professional services firm that specializes in commercial real estate services

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TERMINALFOUR Survey Reveals Disparities in Digital Investment Among Higher Education Institutions

    TERMINALFOUR Survey Reveals Disparities in Digital Investment Among Higher Education Institutions

TERMINALFOUR, the digital marketing and web content management platform for higher education, has announced results of its Global Higher Education

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Dragon Brand Foods to Drive Export Growth With New Investment

    Dragon Brand Foods to Drive Export Growth With New Investment

Strabane-based food manufacturer, Dragon Brand Foods is investing over £500,000 in jobs, innovation and a new factory with the support

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Bord Bia Investing in Opportunities in the German Food Market

    Bord Bia Investing in Opportunities in the German Food Market

Bord Bia is increasing its investment in the German food and beverage market as Irish exporters continue to look outside

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