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Business News

Ireland’s Trade and Investment Report Published

By Ryan Harmon
Minister for Trade Promotion, Digital and Company Regulation, Robert Troy, has published the report on Ireland’s trade and investment performance for 2021, Delivering Value for Ireland: Trade and Investment Report 2021. Ireland’s record performance – €451 billion exports in 2021 – is set against the backdrop of ongoing trading challenges and geopolitical
Business News

IDA Ireland Half-Year FDI Results Highest Ever

By Ryan Harmon
IDA Ireland, the inward investment agency of the Irish Government, have reported significant investment growth in the first half of 2022, returning FDI results to above the pre-pandemic 2019 record levels, despite a continuing challenging global environment. 155 investments were won, with associated employment potential of over 18,000 jobs. 73 were new name investments. 73
Business Health News

AstraZeneca to Invest €65m in Ireland

By Ryan Harmon
Alexion, the Rare Disease group of AstraZeneca, have announced it is to invest €65 million in new and enhanced capabilities across its sites in Ireland. The programme will centre on three investments: the installation of new drug substance production equipment and warehousing facilities to support ambient and cold storage at both sites in College Park […]
Business Health News

Merck to Invest €440 Million in Ireland

By Ryan Harmon
Merck, a leading science and technology company, is expanding its membrane and filtration manufacturing capabilities in Ireland, with the company will invest approximately €440 million to increase membrane manufacturing capacity in Carrigtwohill and to build a new manufacturing facility at Blarney Business Park, both in Cork, Ireland. The investment, which is the largest
Business News

Tata Consultancy Services Continues Irish Investment

By Ryan Harmon
Tata Consultancy Services (TCS) hosted a visit by An Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar TD at its Global Delivery Centre in Letterkenny, Co. Donegal in Ireland. One of the North West’s largest employers, TCS briefed Minister Varadkar and other visiting guests from IDA Ireland on its plans to further cement […]
Business Health News

€12 million Investment by EirGen Pharma

By Ryan Harmon
EirGen Pharma has acquired a new building in the IDA Industrial Estate in Waterford which will facilitate an expansion of its Oral Solid Dose manufacturing and packaging capabilities. The new facility will provide an additional 3,500m2 of state-of-the-art manufacturing and packaging capabilities for its global customer base. An Tanaiste and Minister for Enterprise, Trade
Business News

Clearco Commits €100m Investment into the Irish Economy

By Ryan Harmon
Clearco, the world’s largest ecommerce investor and the company revolutionizing the way founders grow their businesses, have announced that it is continuing to build on its commitment to democratize access to capital and expand into growing global markets with the introduction of its signature equity-free capital funding product to Irish founders and entrepreneurs. The
Business Health News

Janssen Announces €150m Investment in Cork

By Ryan Harmon
Janssen Sciences Ireland, part of the Johnson & Johnson family of companies, have announced an investment in its biopharmaceutical supply chain facility in Ringaskiddy, Cork. The €150m investment in the facility has the potential to create 180 new full-time jobs. This expansion will add to the existing global manufacturing capacity, allowing the company to reach […]
Business Health News Technology

Amgen Announces Investment of $100m in Dun Laoghaire Plant

By Ryan Harmon
Amgen announced an investment of $100 million for the construction of a new vial filing line with ‘state of the art’ technology and new site infrastructure at its manufacturing plant in Dun Laoghaire, Co Dublin. This investment is one of Amgen’s largest construction projects outside North America and will lead to the creation of 150 construction jobs. The Dun Laoghaire