The latest news, announcements, articles and blog posts from IDA Ireland. Keep informed about Foreign Direct Investment in Ireland.
We are reaching out to you on foot of the updated public health advice from Government advising the public of increased restrictions on movement owing to Covid19.
The purpose of these increased restrictions is to save lives and employers and employees should follow this advice.
Martin Shanahan, CEO IDA Ireland:
This is a very difficult time for business, both Irish businesses and international businesses that are based here in Ireland and indeed businesses right across the globe.
This is a global pandemic and has caused widescale disruption to the global economy in which Ireland operates.
Udemy, the largest global marketplace for learning and teaching online, announced today the opening of an expanded office in Dublin, Ireland. The new office opening represents continued investment in the company’s EMEA headquarters, follows a milestone growth year, and a recent commitment by long-time Japanese strategic partner Benesse Holdings to invest $50 million in the company.
The enticement of a relatively wealthy market of 500 million consumers often makes opening a European office one of the earlier expansion steps for American technology companies. However, there are right and wrong ways to establish a European operation, with fostering the right culture a key aspect that will significantly impact the hoped-for financial contributions.
The role of placemaking in helping to enhance Ireland’s attractiveness to investors was highlighted at an event today hosted by IDA Ireland in partnership with the Department of Housing, Planning and Local Government. The event was held as the second phase of the Department of Housing, Planning and Local Government’s Urban Regeneration and Development Fund was rolled out. Under the call, local authorities are invited to submit proposals for transformational placemaking and urban development projects that will enhance the attractiveness and liveability of Ireland’s cities and large towns and support compact urban growth, one of the key strategic objectives of Project Ireland 2040.
Sift, a leading Digital Trust and Safety technology company, today announced that it is expanding its international presence with the opening of its new EMEA headquarters in Dublin, Ireland.
The company, which counts several major European businesses such as Cabify, Curve, Delivery Hero, and GetYourGuide as customers, has already hired several members of its quickly growing Sales team with plans to continue hiring.
Mastercard has today announced its plans to create 1500 jobs in the next three to five years as it significantly grows its new European Technology Hub in Dublin. The plans reflect Dublin as a key location in Mastercard’s global footprint.
As a leader in payments technology, Mastercard is to grow its workforce with notable investments in its artificial intelligence, cyber security, blockchain, user experience teams, and more. As such, Mastercard will be recruiting for talented technologists with strong development and software skills looking to work on impactful, cutting edge technology projects.
Maxim Integrated Products, Inc. (NASDAQ: MXIM) today announced the opening of a new design center in Dublin, Ireland. The design center will focus on product development and conducting research and development in the areas of analog semiconductor design to deliver Maxim’s innovative solutions across many end markets.
To make this vision a reality, the company will recruit a strong team of mixed-signal and analog design engineers at this facility. The $25M investment will be primarily geared towards recruiting talent, equipment and building costs, as well as research and development. Located on the south side of Dublin, this is Maxim’s seventh design center located in Europe.
LONDON, February 12, 2020 –Payoneer, the digital payment platform empowering businesses around the world to grow globally, announced today its continued global expansion with the establishment of a new office in Dublin, Ireland. This announcement, in conjunction with the Central Bank of Ireland (CBI) authorising the Dublin entity of the fintech unicorn as an Electronic Money Institution, demonstrates Payoneer’s commitment to being a reliable, secure and convenient partner for businesses all over the world.
The IDA Ireland organised forum, in association with the Financial Times, brings international and Irish financial industry leaders, regulators and policy experts together
Allergan plc, the global integrated biopharmaceutical leader headquartered in Ireland, today marked the opening of its €160m state-of-the-art Biologics 2 facility at its Westport Campus in Co. Mayo, Ireland. The new facility will create 63 jobs and enhance Ireland’s position as a strategic global hub for Allergans’ flagship products, including their botulinum toxin brand. This brings Allergan’s total investment in Ireland since it began operations in the country to more than €750m.
Monday, January 20th 2020 | 1000hrs | Dublin - IDA Ireland’s inaugural ‘Special Recognition Award’ recognising the contribution of our clients to Ireland was presented by An Taoiseach Leo Varadkar and IDA Ireland to Apple and accepted by its CEO Tim Cook, at a special ‘Looking to the Future’ event in the National Concert Hall this morning.
New York, Limerick, 17 January 2020: AxiomSL, the industry’s leading provider of regulatory reporting and risk management solutions, today announces the opening of a business operations centre in Limerick, Ireland, creating as many as 100 jobs over the next five years. The office will be located in the National Technology Park in Plassey. The project is supported by the Irish Government through IDA Ireland – the agency responsible for the attraction and retention of inward foreign direct investment into Ireland.
Minister for Business, Enterprise and Innovation, Heather Humphreys and IDA Ireland, the Irish Government agency responsible for attracting foreign direct investment (FDI) to Ireland, today announced that employment levels in its client companies have now reached 245,096 - the highest ever number employed in the multinational sector, exceeding targets set by Government contained in IDA Ireland’s Strategy – Winning: Foreign Direct Investment 2015-2019.
Minister for Business Enterprise & Innovation Heather Humphreys TD today turned the sod on a new IDA Ireland Advance Technology Building (ATB) in Monaghan.
The new c.1329m2 building, which will be constructed at the IDA Business & Technology Park, Monaghan will comprise 910 m2 (c.9,800 sq. ft.) of high tech manufacturing space with ancillary office space over two floors.
6th December 2019, CORK - Horizon8, an innovative, technology solutions company today opens its European headquarters in Cork, Ireland. Formerly called HengTian, the Company was created in 2004 as a strategic partnership between Boston based State Street, and Hangzhou based Insigma Technology and Zhejiang University. The new office in Cork will mark the first European office for Horizon8 adding to the company’s North American presence in Boston.
Servier, an independent international pharmaceutical company, today celebrated its 30th anniversary of manufacturing at its Arklow site, with the support of Ireland's inward investment promotion agency, the IDA, a non-commercial, semi-state body promoting foreign direct investment into Ireland through a wide range of services. The celebration was led by Minister for Health Simon Harris, Ambassador of France in Ireland, H.E. Stéphane Crouzat, and senior leaders from the Servier Group and IDA Ireland.
Nearly two in five Irish adults (39 percent) haven’t updated their main password in the last 12 months, according to new research.
The research, published today by OneLogin, a global leader in identity and access management, finds that 20% of Irish adults haven’t updated their passwords in over two years and a further five percent can’t recall the last time they updated their passwords.
Limerick, November 25th, 2019 – FundRock Management Company S.A. today celebrated the official opening of its office in Limerick. This office serves as an operational centre of excellence which complements the FundRock Group.
ARTeSYN Biosolutions, the manufacturer of single-use solutions for biopharma processing, is to significantly expand its Waterford operations by adding 50 new roles in Production, Engineering, Customer Service and Research & Development over the next 3 years at its facilities in the Six Cross Roads Business Park, Waterford. The expansion of the site increases the company’s consumables and overall production capacity by an additional 2200 ft².
Panasonic Avionics Corporation (Panasonic) today announced the establishment of a Repair Shop in Dundalk, Co. Louth. The investment is supported by the Irish Government through IDA Ireland.
Panasonic Avionics Corporation supplies and services in-flight entertainment and communications (IFEC) systems. The company’s customer base includes more than 300 airlines located across the globe.
A key business unit within Panasonic, Panasonic Technical Services (PTS), provides Repair, Line Maintenance for Aircraft, Spares Parts Supply and Technical Services that include Training & Technical Publications and Technical Support at over 70 permanent locations across the world.
PTS’s customized support programs are designed to ensure equipment serviceability at the lowest possible through-life cost.
Huawei Ireland has today opened a new state-of-the-art Dublin office and announced the creation of 100 jobs over the next three years as the company continues to grow in Ireland. Recruitment is underway for the first phase of the jobs and 30 of these positions are expected to be filled within the next year.
PublicRelay, a leading US media monitoring and analytics firm, announced today plans to establish a new office in Cavan, creating 20 new jobs over the next two years. Cavan was selected as the location for a second office in Ireland based on the strong pool of educated talent available in the region and the innovative nature of Cavan’s newly opened Digital Hub where the company initially will be based. PublicRelay Ireland, Ltd. is currently looking to hire its initial team of associate analysts and a manager to begin work before the end of this year.
EJ, a 5th generation family-owned company headquartered in Michigan, USA, today celebrated the official opening of its new production facility in Birr, Co. Offaly. The company has operated this world class facility on its 2-hectare site in Birr since June of last year.
With support from IDA, Ireland has emerged as a leading global destination for some of the world’s top Cyber Security companies that want to build strategic international activities here, such as core product development, international headquarters and administration, or EMEA sales and marketing.
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