IDA Ireland | Business Post

Shanahan to step down as chief executive of IDA next year

Inward investment agency to commence an international search for a new CEO

A new Horizon: ‘Ireland’s appeal to us is about the talent, not just tax’

Horizon chief executive Tim Walbert explains why the drug company will keep expanding in Ireland and has marked its commitment by sponsoring the Irish Open

Three Ireland to create 175 jobs in Limerick

The company’s customer care centre in Castleroy was established 20 years ago and currently employs 400 people

OFX to move its European HQ from London to Dublin

Australian money transfer and foreign exchange firm said it will create 15 jobs in the process with more likely to be added in the years ahead

IDA considering impact of US tax reforms on multinationals in Ireland

Tender documents show the state’s inward investment agency wants advice on upcoming political and legislative changes in America, and how they could affect companies based here

New era of precision medicine on way, predicts Merck chief

Patients will benefit from major breakthroughs in tailored medicines, says boss of Merck’s life science division

Merck to invest over €440m to expand its operations in Cork

The German multinational plans to inject €290 million into its existing Cork facility, and will spend a further €150 million building a new plant on the outskirts of Cork city

French company Valeo set to increase camera production at its Tuam site by 60%

The French multinational announced this week it has produced 100 million cameras from its Tuam facility since production first started in 2002

Boston Scientific to invest €100m in its Galway campus as part of significant expansion

The US medical device company will hire an additional 300 people and increase manufacturing site by 40,000 sq ft

Citi to create 300 jobs in Ireland this year

Multinational will be hiring in the areas of risk, audit, finance, tech, and operations

American horizons: Why the IDA is still upbeat about US investment in Ireland

Last year, there were 250 foreign direct investments by multinationals in this country and despite global uncertainty, the IDA is positive about the future

Clearco aims to invest €100m in Irish e-commerce and digital-first businesses

The Canadian company provides investment funding to start-up companies but does not take equity in the businesses

Intel set to build new €80 billion semiconductor mega-plant in east German city

Magdeburg beat competition from Dresden and Bavaria to secure the facility, which will create 10,000 new jobs

US firm Medallia reverses growth plans in Ireland

The software firm had created 20 of a planned 100 remote jobs here, but held a round of redundancies this month as part of a EMEA-wide reorientation

IDA ‘helping companies to expand’ data centres in Dublin region

Eirgrid will not connect new data centres in Dublin area until 2028

IDA ‘vigorously defending’ legal claim over ventilator contract

Action by Narooma Ltd over contract for ICU ventilators is ongoing, Martin Shanahan says

IDA claims client survey is ‘intellectual property’ in FOI wrangle

The agency is fighting to prevent the release of a 2019 survey of its corporate clients in unredacted form

Intel set to confirm that €80bn plant won’t be built here

Ireland’s strained energy infrastructure and potential delays in the planning system may have influenced the likely decision

Martin Shanahan interview: ‘I think we’ve learned how to win investments in a virtual world’

Martin Shanahan, head of the IDA, has generated impressive results for foreign direct investment in Ireland this year in spite of the pandemic. In this wide-ranging interview, he says the next three to six months look ‘reasonably positive’, but structural challenges such as planning remain a concern

Eirgrid U-turn on data centres after IDA chief intervenes

Martin Shanahan contacted Eirgrid chief after revelations in Business Post last week. Grid operator will now assess Dublin applications on ‘case-by-case basis’