TikTok has announced plans to build a secend Irish data centre as part of its plans to expand operations in Europe. The platform said its plans for a new data centre are in addition to a separate centre which it approved to build in Ireland late last year. In a statement published on its website, […]
Environmental, Social and Governance (ESG) matters alongside digitalisation are essential to continue attracting US investment in the regions of Ireland, according to Lorraine Sammon, Audit Partner, KPMG. The Irish-US relationship remains strong, which is more important today than ever. American Chamber of Commerce Ireland (AmCham) figures show that US multinationals
The Minister for Enterprise, Trade and Employment, Simon Coveney, and Minister for Trade Promotion and Digital Transformation, Dara Calleary, welcomed the latest Goods Exports and Imports release from the CSO, which shows that the value of goods exports from Ireland in 2022 rose to €208 billion, the highest level on record. The value of Goods […]
Small businesses and budding entrepreneurs will have the opportunity to sample 16 events aimed at helping them to start or grow their business as part of South Dublin’s Local Enterprise Week. The initiative of the Local Enterprise Offices nationwide, supported by Enterprise Ireland and the local authorities, takes place from the 6th-10th March this year […]
In one of the largest ever studies across the accountancy profession, the ACCA present their new annual Global Talent Trends Survey 2023, which provides a unique and vital view of how people feel about working in the profession right now. Over 8,000 professional accountants from 148 countries were asked about the concerns they held around […]
Minister of State for Trade Promotion and Digital Transformation, Dara Calleary, turned the sod on the site of the new Advancing Innovation in Manufacturing (AIM) Centre in Sligo. The new facility will focus on developing capability in cutting-edge manufacturing technology in companies across the North-West region. This innovative project is driven by Atlantic
Businesses from County Cork had the opportunity to meet buyers from all over the world as part of the Local Enterprise Showcase at Showcase 2023 in the RDS Dublin. There were over 100 Local Enterprise Office supported businesses from across the country present at the event with 7 in attendance from the county of Cork. Louise […]
Venture capital investment into Irish tech firms and SMEs in 2022 totalled €1.33 billion, no change on the previous year, according to the Irish Venture Capital Association (IVCA) VenturePulse survey published in association with William Fry. Fourth quarter funding fell sharply to €244.6m, down by 47% from €458.5m, compared to the same period 2021. Leo Hamill,
Lidl is to create more than 700 brand new jobs within its Irish operations this year in a variety of operational and office-based roles across its network of 176 store locations, three regional distribution centres and Dublin head office. These new roles will bring Lidl’s total workforce in the Republic of Ireland to more than […]
CycleØ, an integrated owner and operator of biomethane projects, will begin deploying its small-scale, modular plants to meet the growing demand and distributed nature of Ireland’s agricultural and food waste feedstock with the opening of a new branch in Ireland. The company’s technologies capture, process and upgrade naturally occurring methane gas produced
The Minister for Enterprise, Trade and Employment, Simon Coveney, is travelling to the US West Coast for a series of high-level business meetings with a range of companies. Minister Coveney will hear from enterprise leaders and highlight Ireland’s strong FDI value proposition which remains our pro-enterprise policy environment, highly educated English-speaking workforce
The Environmental Protection Agency (EPA) has announced €10.7 million of research funding for 42 research projects addressing environmental protection and other emerging, complex environmental problems. This funding will contribute to the delivery of high-quality research, evidence-based policy development and further build Irish environmental research capacity. The
The Minister for Finance, Micheal McGrath TD, published his Department’s sixth annual assessment of public indebtedness, the Annual Report on Public Debt in Ireland 2022. The Report is prepared in order to analyse key trends in Irish public debt. The key message from the report is that the level of indebtedness remains high, despite the […]
Architectual practice Gray Design has been appointed by Specsavers to upgrade and deliver over 30 new stores across the entire island of Ireland. The firm, which has offices in Belfast, Dublin, and Newry, will be responsible for designing new stores, relocations, rebrands, and expansions. Specsavers is upgrading its Irish store portfolio to incorporate hearing centres […]
New research from the Institute of Directors (IoD) in Ireland has found that 70% of business leaders and directors note that they are extremely or very concerned about the potential impact of a cyber attack to the business continuity of their primary organisation. Furthermore, 41% of business leaders reveal that their primary organisation has experienced […]
Irish businesses in multiple sectors are showing signs of digital maturity with Ireland set to be one of the top digital leaders in Europe, according to a new study by BearingPoint. The company’s new Digital Leaders study analysed 679 companies across Europe, the UK, the US and Ireland to assess their levels of digitalisation. Countries […]
Minister for Enterprise, Trade and Employment, Simon Coveney TD along with the Minister for Agriculture, Food and the Marine, Charlie McConalogue TD, and Minister for Finance, Michael McGrath TD, have announced Bank of Ireland as the first lender to the market for the Ukraine Credit Guarantee Scheme. A number of other lenders are expected to […]
Lero, the Science Foundation Ireland (SFI) Research Centre for Software, is to invest €2.9 million in a new fellowship training programme to develop world-class software expertise, creating 16 postdoctoral fellowships. The programme will focuse on privacy, trust, inclusion and fairness. Lero director Professor Brian Fitzgerald of University of Limerick is coordinating the
As we enter a new financial year, the KPMG Sustainable Futures team has considered and articulated the top 10 themes which they expect will most impact the corporate ESG landscape across Ireland in 2023. While the overall theme for 2022 saw corporates moving from talk to action, they expect 2023 will be the year of […]
Waterland Private Equity Investment has raised €4 billion across two European investment funds, with some of the backing coming from the Ireland Strategic Investment Fund. The firm has closed fund-raising on its Private Equity Fund IX fund at €3.5 billion after four months. Its Partnership Fund I has closed at €500m. Other backers include asset […]