Vision-net Reports: Company Start-ups Surge by 11% in July | Business Growth
Company start-ups in July were up 11pc over the same month last year to 1,518, according to new figures from Vision-net.ie. This is the highest number of company start-ups for July since pre-recession 2007 and works out at almost 49 new companies each day. Vision-net said the professional services sector was the most popular industry for start-ups in July, accounting for 22pc of new companies, followed by wholesale and retail (10pc) and construction (9pc). The figures also reveal a 47pc fall in construction company insolvencies compared to July 2013. Dublin was the location of 51pc of company start-ups in July, followed by Cork (8pc) and Limerick (4pc). Vision-net said industry…
Read MoreSubway invests €1m in RoI only campaign to promote ‘Sub of the Day’
Subway has launched its first Republic of Ireland only marketing campaign, investing €1m to alert Irish consumers to the return of the ‘Sub of the Day’ offer – seven subs, one for each day of the week, for €2.99 each. The campaign encompasses TV, radio, print and digital advertising as well as on street activations and a PR campaign. It has been created in response to consumer demand requiring a bespoke offer for Irish customers. The advertising creative was developed by McCann London with Mediacom handling the media buying. Pembroke Communications is handling the public relations element of the marketing campaign and will soon roll out an on street carnival…
Read MoreCharles Phillips, Chief Executive Officer
Appointment Date: 26.10.2010 Company: Infor Business Type: Business Applications Provision Position: Chief Executive Officer Charles Phillips has been appointed chief executive officer of Infor and also becomes a member of the company’s board of directors. Phillips has over 20 years of leadership experience in the software industry, most recently as president and director of Oracle Corporation. At Oracle, he led the company’s field organisation and oversaw revenue growth of nearly 300pc during his seven-year tenure. He also played a key role in Oracle’s successful acquisition strategy including specific transactions such as BEA Systems, Hyperion Solutions, and Siebel Systems. Prior to joining Oracle, Phillips was a managing director at Morgan Stanley…
Read MoreWhat is Corporate Governance?
In the first of a regular series, UCD’s Prof Niamh Brennan explains what the term corporate governance means. The word governance comes from a Latin word – gubernare – which means to steer. Cicero wrote, “he that governs sits quietly at the stern and scarce is seen to stir.” Thus my colleague, Dr. Collette Kirwan, has conceptualized the board as being the navigator of the company. In his The Wealth of Nations of 1776, Adam Smith noted that directors of companies are managers of other people’s rather than their own money. He pointed to the risk that they wouldn’t watch over other people’s money with the same anxious vigilance as…
Read More2014 Launch: National Health Innovation Hub for Medical Breakthroughs
National Health Innovation Hub to Support New Companies A national health innovation hub with the potential to support hundreds of new companies will be established in 2014, the Government has announced in publishing the 10th Action Plan for Jobs Quarterly Progress Report. Access to the Health System for Irish Healthcare Innovators It said the new National Health Innovation Hub would be “a win-win for businesses, the health system – and most importantly, for job creation.” In essence, it means that innovative Irish healthcare companies will, for the first time, be able to quickly gain access to the health system to test their products and services, increasing the chances of developing…
Read More200,000 bees to live in AIB HQ rooftop apiary in Ballsbridge
Boyne Valley Group and AIB have introduced the first rooftop apiary on a commercial building in Ireland in an attempt to help increase the country’s bee population. The initiative will see over 200,000 honeybees located on the sixth story roof of AIB Bankcentre in Ballsbridge. It is expected the bees will pollinate flowers and trees within a five kilometre radius of the hives and produce an average of 20 jars of honey per hive by the end of the summer. In total, the apiary has four hives. Boyne Valley Group has been a customer of AIB for 58 years during which time it has grown to produce more than 2,000…
Read MoreAround Noon wins €1.25m contract with Compass Group Ireland
Newry-based company Around Noon has won a contract worth €1.25m with food and support services company Compass Group Ireland to supply 90 of its units with sandwiches, wraps and salads. Thanks to the deal, up to 10 new jobs will be created by Around Noon, which currently employs 101 people. The family business founded by Francis and Sheila Chambers in 1989 and now managed by their children Gareth and Andrea Chambers operates the Scribbles brand and also supplies café chain Insomnia with sandwiches and salads. The sandwiches were originally made on the kitchen table of the family home and delivered by Sheila Chambers in a picnic basket. The company focuses on high quality…
Read MoreLondon City Airport Holds Onto Top Spot as Most Punctual Airport in the UK
London City Airport has held the top spot as the most punctual airport in the UK, with the most flights on time in Q1 2014. The airport said it has been the most punctual one consistently since April 2012. It has also recorded the shortest average delay at six minutes. “The latest statistics from the Civil Aviation Authority show that London City Airport has been the most punctual of all UK airports for the last two years running,” said Declan Collier, CEO of London City Airport. “In addition, we have the shortest average delay in the country, at just six minutes, compared to an average of nine minutes. It’s a…
Read MoreTaoiseach opens Primark’s Alexanderplatz store in Berlin
An Taoiseach Enda Kenny TD has officially opened Primark’s new store in Alexanderplatz in central Berlin in Germany. Creating 800 jobs, the opening marks Primark’s second store in Berlin and its thirteenth nationwide, having entered the German market in May 2009 with its debut store in Bremen. The total number of people now employed by Primark in Germany stands at over 6,100. With a surface area of 56,300 sq ft (5,230sqm) over 3 floors, the new store houses fashion for women, men and children, to jewellery, shoes, accessories and a selection of fashion for the home. “The international success of Primark represents the constant innovations in retail and commercial expansion…
Read MoreZendesk officially opens European HQ in Ranelagh
Cloud-based computer service software provider Zendesk has today officially opened its Dublin development centre at Grand Parade in Ranelagh, which has capacity to allow the company to grow its headcount from its current 52 to 150. The company’s CEO Mikkel Svane was joined by Taoiseach Enda Kenny and Minister for Jobs, Enterprise and Innovation Richard Bruton at the new office this evening. Zendesk announced the opening of the Dublin office at the end of 2012 with two engineers and a plan to grow to 25 by the end of 2013. Having reached that number a month early, the company has more than doubled its headcount in the last six months to 52…
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