Bank of Ireland said it made an underlying pre-tax profit of €921 million last year compared with a loss of €564 million a year earlier and all its divisions are now profitable.
To read more, please click HERE.
Irish Prime Minister, Deputy Prime Minister & Minister for Jobs return to ICON for 2nd time in 3 years.
Excitement levels were high at ICON when the Irish Prime Minister (Taoiseach Enda Kenny), deputy Prime Minister (Tanaiste Joan Burton) and Minister for Jobs, Richard Bruton, chose ICON as the location to launch their 2015 Action Plan for Jobs. It was the second time in three years that the government selected ICON for this prestigious media event.
Feb04Wed
The yearly ranking published by the TMF Group, an international professional services firm, has put Ireland just behind Hong Kong and Jersey island for ease of doing business.
The report ranks countries based on a number of considerations including regulations, compliance, economics, cyber security risks and the local legal system.
Ireland is a favorite among tech companies in Europe due to its low corporate tax rate, with companies like Google, Facebook and Paypal all setting up offices in the capital.
Services sector expands at near fastest pace in eight years
The Irish services sector expanded at nearly the fastest pace in eight years in January, according to the Investec Purchasing Managers’ Index for the period.
The index reading was 62.5 in January, just below the December reading of 62.6, Investec said.
The December reading was the highest since February 2007.
Feb03Tue
Icon basing global innovation hub in Ireland, bringing 200 new jobs to Dublin and Limerick
Long-time IABCN Ambassador Club Member & Sponsor, ICON Plc, a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries, has announced a new global innovation hub that will create 200 jobs in Ireland.
To read more, please click HERE.
Ireland’s exporters created 19,705 jobs last year.
A review of companies supported by Enterprise Ireland found a net increase of 8,476 in the number of people employed in these businesses – a record gain in one year.
Some 180,072 people are now working in the country’s home-grown export focused businesses, with the sector said to account for an estimated 300,000 jobs in the wider economy.
To read more, please click HERE.
The [Irish] government has announced a new €85 million venture capital for the life sciences sector.
The fund, which will be managed by Fountain Healthcare Partners, received €15 million from Enterprise Ireland with the rest coming from institutional investors through the Irish Strategic Investment Fund and the European Investment Fund.
The fund, which expects to make 10 to 15 investments over its lifetime, will invest in specialty pharmaceuticals, biotechnology and medical devices and diagnostics.
Jobs Minister Richard Bruton said the new funds would “increase the availability of funding for the innovative Irish life sciences companies we are trying to support – and help them grow faster and ultimately create the jobs we need right around the country”.
To read more, please click HERE.
