Aer Lingus to start Cork to Düsseldorf service in 2016

Aer Lingus is to operate a new Cork to Düsseldorf service, which will operate twice weekly on Wednesday and Sunday from May 2016. Düsseldorf is located in the center of the Rhine-Ruhr region, Germany’s largest metropolitan area, with a population of about 11 million people. The news has been welcomed by Cork Airport, Tourism Ireland and Cork Chamber of Commerce. “We expect there to be strong demand for this route from both inbound and outbound passengers,” said Cork Airport managing director Niall MacCarthy. “We already have 50 routes from Cork Airport, making us the largest airport outside of Dublin, and this new service to Düsseldorf is further recognition of our…

Read More
Business and Leadership Ltd.

Malin has bought a 38pc stake in Irish medical technology company 3D4Medical for US$16.4m. The deal also gives Malin a further call option to increase its stakeholding to 50pc. 3D4Medical, which was founded in 2004 by its John Moore, CEO, and Niall Johnston, director of business development,  specialises in the development of medical, educational and health and fitness apps for healthcare professionals as well as student and patient education. The company’s apps, including its flagship offering, Essential Anatomy, have so far been downloaded over 9 million  times globally. The apps use proprietary 3D technology to show the human body.  A number of them have been developed in collaboration with Stanford…

Read More
Business and Leadership Ltd.

The world’s largest meat packer, Brazilian company JBS, has bought Moy Park in Northern Ireland from its owner Marfrig Global Foods for around US$1.5bn. Marfrig said the sale would enable it to significantly reduce its debt (currently at about US$5bn) and focus more intensely on pursuing growth opportunities – in particular expanding the food service business of Keystone in both Asia and the US. The transaction is subject to approval from authorities, including antitrust bodies in the EU, and is expected to be signed by the end of 2015. Headquartered in Craigavon, Moy Park is Northern Ireland’s largest private sector employer, with a total workforce of 12,000 people in Ireland,…

Read More
Bob Murray, managing director Evros Technology Group and Richard Bruton, Minister for Jobs Enterprise

Evros Technology Group, previously known as HiberniaEvros, is to hire 100 people this year across its offices in Dublin, Cork, Waterford and Kildare. In operation 25 years, the IT infrastructure and support company currently employs 250 people in Ireland. The new jobs will be spread across a number of technology and administrative positions – half in its new 60,000 sq ft Cherrywood in Dublin HQ and the other half in the regional offices. Evros Technology group managing director Bob Murray said: “This is a major step forward for the company towards our goal of being the largest provider of IT managed services and systems integration in Ireland.” According to Murray,…

Read More
Business and Leadership Ltd.

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…

Read More
Business and Leadership Ltd.

The value of construction projects started in the first three months of this year has fallen by 20pc to €1.69bn compared with the first quarter of 2014, according to the Building Information Index, which is produced by a team of researchers at Building Information Ireland (BII). Danny O’Shea, managing director of BII, said five of the seven sectors measured by the index recorded a fall. “The residential sector saw the most significant drop, falling from €874m in the first quarter of 2014 to €600m in the first quarter of 2015. “Education also suffered a major decrease, falling by 68pc. By comparison, there was a significant increase of 54pc in the…

Read More
Business and Leadership Ltd.

Five North American companies and one European-based high growth company are creating 185 new jobs in Dublin and Wexford in sectors including medical devices and business analytics. A database technology company founded in Massachusetts in US in 2010, NuoDB, is to open its Europe, Middle East and Africa (EMEA) development centre in Dublin and a new office in Belfast, Northern Ireland. It intends to hire 50 developers, engineers and tech support professionals in Dublin over the next three years. Cloud management software company Artisan Infrastructure, which is headquartered in Austin, Texas, is establishing its EMEA headquarters in Dublin, creating 30 new information technology jobs. With offices all over Europe and…

Read More
Business and Leadership Ltd.

Rio de Janeiro-headquartered e-learning company Affero Lab is to locate its European operations centre in Dublin. The company, which plans to locate 40 “highly skilled” jobs at the centre, becomes IDA Ireland’s first investment win from Brazil. The centre’s main focus will be research and development. It will develop the company’s technologies in the adaptive learning, gamification, mobile learning and data analytics areas. The centre will also employ sales and support staff to support the company’s clients in Europe, North America, the Middle East and Asia. “Affero Lab has identified Ireland as a leading innovation hub for e-learning companies and a source of first rate software and engineering skills,” said…

Read More
Business and Leadership Ltd.

Some 3,653 new businesses were set up in May, 24pc more than the same month last year, according to figures released today by Vision-net.ie. The number of insolvencies during the month was down by 38pc to 79 during the month. The company said 59pc of all new registered business names in May were sole traderships. Professional services accounted for almost 30pc of all company start-ups (up 35pc on May 2014), while the wholesale and retail sector made up 10pc of start-ups and social and personal services accounted for 9pc. Construction and hospitality start-ups rose by 15pc and 27pc year-on-year, respectively. In Dublin, 699 new companies were set up in May.…

Read More
Business and Leadership Ltd.

Ireland’s €5m Applied Research for Connected Health (Arch) technology centre has been officially launched in UCD today. Connected health involves using connecting technologies and medical devices and treatments for healthcare applications.  Technologies relating to sensors, alarm systems, vital sign monitoring devices, health informatics and data management systems are also key elements in the development of connected health solutions. Headquartered at UCD’s industry partnership centre, NexusUCD, Arch will also have input from University of Limerick (UL) and most of the higher education institutes in the country with connected health research capabilities. Fifteen industry partners are currently steering the Arch research programme, namely ADA Security Systems, Boston Scientific, Hermitage Medical Clinic, Icon, OpenHealth,…

Read More