Fexco got €1m state grant for 175 new jobs

Grant was one of the five largest given to an Irish company by Enterprise Ireland this year

Ruth McCarthy CEO of Fexco

Fexco, the Kerry-based financial services giant, was paid €1 million in a grant from Enterprise Ireland to help fund a major job expansion plan, one of the largest awards issued by the state agency this year.

Earlier this year, Fexco announced that it was creating 175 new jobs over three years in a plan backed by Enterprise Ireland. But the size of the grant has been undisclosed until now.

Under European Union state ...