Trim, Co Meath is Vodafone Ireland’s 500th 4G town

Anne O’Leary, CEO, Vodafone Ireland with broadcaster and Meath man Hector Ó’hEoghagáin

Trim, Co Meath has become Vodafone Ireland’s 500th 4G town, which means that its superfast 4G speeds are now reaching 90pc of the Irish population. 4G means ten times faster speeds on smartphones to watch videos with no buffering, instant photo uploads and seamless music streaming, while business customers can download large emails and send files quicker than ever before. Speaking at a reception attended by local business owners, community and public representatives in Trim, Vodafone CEO Anne O’Leary said: “Previously where you lived determined your access to high quality networks but we’re changing this.  We want to provide a service that anyone can use, creating massive potential to access…

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Nitro signs up AIB as its 500,000th customer

Document and workflow solutions provider Nitro has secured a contract with AIB to roll out a solution to over 1,000 employees, meaning it has reached the milestone of 500,000 customers globally. Australian-founded with global headquarters in San Francisco, Nitro simplifies the way people create, edit, sign, and share digital documents. Nitro officially established its EMEA headquarters in Dublin in January of last year with plans to hire 50 employees in its first two years of operation. Since then, Nitro has experienced over 50pc growth in Europe and plans to expand to over 100 staff in Dublin by the end of 2016. It currently has 40 staff and a new larger…

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Apple to build €850m data centre in Athenry

Apple has announced plans to build an €850m data centre in Athenry, Co Galway. The company also said it will spend another €850m on a data centre in Denmark’s central Jutland. The two centres, which represent Apple’s biggest projects in Europe to date, will operate on 100pc renewable energy and will power the company’s online services, including the iTunes Store, App Store, iMessage, Maps and Siri for customers across Europe. The centres, which will each measure 166,000 sq m, are expected to begin operations in 2017 and, according to Apple, include designs with additional benefits for their communities. In Athenry, Apple will recover land previously used for growing and harvesting…

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Record bookings on Ryanair’s new US website

Ryanair launches winter 2015 schedule

Ryanair has reported record bookings from American customers following the launch of its new US Ryanair website in December, which enables flight bookings to be made in dollars. Bookings from the US have increased by almost 50pc in the two months since www.ryanair.com/us went live. London Stansted–Dublin is the most popular route for US visitors, followed by Edinburgh–Dublin, Rome–Barcelona, Paris–Dublin and Frankfurt Hahn–London Stansted, with the most bookings coming from customers living in California, New York, Texas, Florida and New Jersey. “Ryanair launched a dedicated American version of the Ryanair.com website to make it easier for US customers to book Europe’s lowest fares,” said Ryanair’s Robin Kiely. “The response from the…

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Irish Water agrees €100m loan facility with Ulster Bank

Irish Water agrees €100m loan facility with Ulster Bank

Irish Water said today that it has signed a €100m loan facility with Ulster Bank in the first in a series of loan agreements expected to be agreed with other domestic and international banks in the coming weeks. The company said its long term funding plan is progressing well, and will enable it to finance the significant investment that is required in the water network. “The ability to access private sector financing in order to invest in improving Ireland’s water infrastructure was a key reason for the establishment of Irish Water,” said Ervia group finance director, Michael O’Sullivan. “The funds we are borrowing will be used to address decades of…

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€35m Investment for Two Innovations for the Irish Dairy Sector

€35m investment for Irish dairy sector innovation

The Irish Government has announced a new €35m investment in two innovation initiatives for the Irish dairy sector. The two projects are an Enterprise Ireland-funded €25m Dairy Processing Technology Centre (DPTC), hosted by the University of Limerick. The second is a €10m investment by Teagasc and dairy industry shareholders in the expansion of the Moorepark Technology Ltd (MTL) pilot plant facility in Fermoy, Co Cork. The investment by the Irish Government and the Irish industry is designed to position Ireland as a world leader in dairy innovation. It will also greatly help to maximise the long term growth opportunities created by anticipated increase of 50pc in the Irish milk pool…

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€35m investment for Irish dairy sector innovation

The Government has announced a new €35m investment in two innovation initiatives for the Irish dairy sector. The two projects are an Enterprise Ireland-funded €25m Dairy Processing Technology Centre (DPTC), hosted by University of Limerick; and a €10m investment by Teagasc and dairy industry shareholders in the expansion of the Moorepark Technology Ltd (MTL) pilot plant facility in Fermoy, Co Cork. The investment by Government  and industry is designed to position Ireland as a world leader in dairy innovation,  and help to maximise the long term growth opportunities created by anticipated increase  of 50pc in the Irish milk pool by 2020. Of 10 major dairy companies involved, seven are investing…

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Six-fold increase in number of direct selling parties in Ireland

Six-fold increase in number of direct selling parties in Ireland

Recent figures show there has been a six-fold increase in the number of direct selling parties in Ireland over the past year. These parties are seeing a major surge in popularity according to the Direct Selling Association of Ireland (DSAI), the trade body for the industry.
 
Direct selling is where goods are sold direct to consumers outside of a fixed shop. Parties allow sellers to showcase their products in a client’s home, from kitchen equipment to cosmetics and jewellery. Those attending have the opportunity to try out the products and purchase in a social environment. Parties now account for 20pc of total direct selling revenue in Ireland, with more people than…

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Shannon Airport’s passenger numbers up 17pc in 2014

Shannon Airport

Passenger numbers going through Shannon Airport increased by 17pc last year, reaching 1.64 million, up from 1.4 million in 2013. The airport said this growth was achieved on the back of 10 new destinations and 16 service enhancements overall in 2014. The biggest growth market was in European services, where nine new destinations delivered a 70pc increase (from 251,813 to 427,887).  The airport said that these new services included a number of popular sun destinations, but the growth also came from high numbers of inbound visitors as a result of the return of links to Germany (Munich and Berlin) as well new French (Paris and Poitiers) services, markets with a…

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Dublin ranks second in Europe for real estate investment for second year running

Dublin ranks second in Europe for real estate investment

Dublin remains in the number two spot for the second year running for real estate investment and development in Europe, according to Emerging Trends in Real Estate Europe 2015, a forecast published jointly by the Urban Land Institute and PwC. Ranking Berlin in the number one position, the report states that Dublin has strong rental growth potential based on low supply, coupled with employment growth. A huge amount of capital has poured into Dublin already, €2.2bn in the first three-quarters of 2014, according to Real Capital Analytics. Though office rents and values are recovering strongly, they still have some way to go before they regain their pre-crisis peak. Enda Faughnan,…

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