42 new jobs for Aspen in Citywest

Aspen Pharma has announced 42 new jobs at its Citywest European operations centre. The new jobs will bring Aspen’s total workforce in Ireland to 100 within the next 12 months. The company, which supplies branded and generic pharmaceuticals in more than 150 countries, first established an operation in Ireland in 2010. It also set up a global regulatory, pharmacovigilance, quality assurance and supply projects centre in Citywest in 2012. The announcement was made this morning by Minister for Jobs, Enterprise and Innovation Richard Bruton . Aspen’s investment is supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland. The Minister described pharma as one of the Government’s key target sectors…

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Banks must embrace digital channels – PwC

NDRC Inventorium and IIA initiative to accelerate 20 SMEs into online trading

NDRC Inventorium and IIA initiative to accelerate 20 SMEs into online trading Banks are under-utilising a vital new source of revenue growth as many have been slow to respond to the digital innovations, according to Ciarán Kelly, financial services partner, PwC, who addressed the Irish Banking Federation Conference this week. This is despite strong digital awareness and usage among bank customers and the fact that they have shown a willingness to pay for these, he said. Speaking at the conference, Kelly said: “Given the pressures the financial crisis has had on the banking sector, banks have understandably been slow to embrace the digital innovation customers now expect.  Social media is changing customer…

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Crowley Carbon launches boiler which could save Irish companies over €900m

Irish energy services company Crowley Carbon has launched a boiler aimed at the commercial and industrial market, which it says has been proven to deliver savings of up to 80pc on energy costs. Based on high pressure heat pump technology, the Thermal Server was developed in-house and is manufactured in Ireland. It can be driven by gas engine or electricity and utilises waste heat from manufacturing or geothermal sources to deliver low-cost hot water to businesses. This hot water can then be used in a wide range of installations, including breweries, dairies and other food processing plants. Over the past 24 months has been piloted within Dawn Meats in Ireland and the…

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Johnson & Johnson Vision Care investing €100m in Limerick manufacturing facility

Johnson & Johnson Vision Care, operating as Vistakon Ireland , is investing over €100m in expanding its Vistakon Ireland contact lens production facility in Limerick. The 18-month construction phase at the facility at the National Technology Park in Plassey is expected to create 200 temporary jobs. Vistakon Ireland was set up in Limerick in 1996 and is one of several Johnson & Johnson companies operating in Ireland. Between them the companies employ around 2,500 people. Headquartered in Jacksonville, Florida, Johnson & Johnson Vision Care produces the Acuvue range of soft disposable contact lenses. “Limerick was chosen for this strategically important investment because of its track record over many years in providing quality products and excellent customer…

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Burlington Hotel for sale for 75m

The Burlington Hotel in Dublin 4 is on the market with a guide price of between €65m and €75m. The 4 star hotel, which has 501 bedrooms and extensive conferencing facilities on 3.9 acres of land, is being sold through CBRE Hotels on behalf of receiver Paul McCann of Grant Thornton. In 2007, property developer Bernard McNamara bought the hotel for €288m. McNamara had planned to demolish the building in favour of a new office and commercial development. According to CBRE Hotels, the Burlington is by far Dublin’s largest hotel and the “sale represents a rare and unique opportunity to acquire a substantial unbranded freehold property in the heart of…

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Aviva slashes Irish redundancies, creates new jobs in Galway

Aviva slashes Irish redundancies, creates new jobs in Galway

Aviva slashes Irish redundancies, creates new jobs in Galway Aviva will now be cutting fewer jobs in Ireland than had been anticipated when it announced redundancies last October. While the company had said there would be 950 job losses last year, under 550 are now to be made redundant. It is also creating 220 new jobs in claims insurance and direct sales in Galway. Recruitment is due to start in the summer. Some 180 jobs at Aviva Europe are already gone. According to Unite regional officer Brian Gallagher, the union is still disappointed at the number of job losses, but noted they had been reduced with new jobs secured in…

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Irish business conditions improve further through autumn – survey

Six-fold increase in number of direct selling parties in Ireland Irish business activity levels have improved further through the summer months to push the KBC Bank Ireland /Chartered Accountants Ireland Business Sentiment Index to its strongest levels since the survey began in late 2006. The improvement was broadly based, with all sectors reporting an improvement in business conditions and all the components of the index stronger than in the second quarter. The survey rose to 124.8 in the third quarter of 2014 from 121.8 in the previous three-month period. This increase puts the index at its highest level since the survey was first compiled in the final quarter of 2006. The improvement is…

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Taxback.com scoops international entrepreneur title

Terry Clune

Irish firm Taxback.com has won the International Entrepreneur of the Year Award at the 2010 European Business Awards, sponsored by HSBC. Terry Clune started the tax recovery business Taxback.com as a student sideline over 13 years ago and has transformed it into a global business with over 650 employees and offices in 21 countries. He was the Ernst & Young Entrepreneur of the Year in 2009. There was a diverse group of entrants to the HSBC sponsored awards, ranging from fish farming to renewable energy and light aircraft to skincare, with a combined turnover higher of over €766 billion and employing over 3.5 million people. A tough bunch to please Adrian Tripp, CEO…

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Online job ads up 4pc in Q2 – IrishJobs.ie

The number of jobs advertised online grew by 4pc between the first and second quarters of this year, while they were up by 2pc year-on-year, according to the quarterly IrishJobs.ie Jobs Index. IrishJobs.ie said the annual increase was driven by a number of key sectors increasing year on year, most notably medical and healthcare, up by 19pc; science and pharmaceuticals, up by 27pc; and transport and warehousing, up by 38pc. On a quarterly basis, the index shows growth in: IT, up by 14pc; tourism, travel and airlines, up by 15pc; legal, up 9pc; accountancy and finance, up 5pc; and transport, up 4pc. IrishJobs.ie said construction is not showing the buoyancy…

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Dublin City Council to reduce commercial rates

Dublin City Council has reduced commercial rates for 2013 by 0.5pc and now other local authorities must follow suit, according to Dublin Chamber of Commerce . “The current revaluation of commercial properties that is taking place in the Dublin City Council area could lead to an increase in the rates bill for some businesses from 2014 onwards so any reduction in advance of this is positive,” said Chamber chief executive Gina Quin. “The remaining three Dublin county councils will vote on their 2013 budgets in the next three weeks and be put to the test as to how supportive they really are of commerce.” In the past four years, commercial rates have been reduced…

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