IDA Ireland | Business Post

Michael Lohan named new CEO of IDA Ireland

Lohan succeeds Martin Shanahan, the organisation’s long-serving boss who stepped down last year

Ian Guider: Where is the new chief of the IDA as we enter a challenging period for job creation?

The state’s inward-investment agency is doing its bit this month to fly the flag for Ireland, but is currently doing so without a permanent chief executive

Amgen to scale back plan for €1bn Waterford campus

US biotech company will not need the large campus proposed by Horizon, which it is in the process of acquiring

Ireland needs an ‘offshore wind IDA’ to attract foreign energy firms, Cork Chamber says

Two of the largest energy developers in the world have left the market in the last 18 months as concerns have grown about the lack of policy focus

Morning Headlines

IDA investment fears over infrastructure deficit; New geothermal energy group set up

The stories you need to read this morning in business, politics and current affairs

IDA told state infrastructure issues were risk to overseas investment

Inward investment agency told government it was ‘critical’ that Ireland addressed issues around planning, housing and energy if it was to continue attracting companies from abroad

Strong growth, but tech slowdown makes IDA wary of foreign investment prospects

The number of people employed at the agency’s client companies jumped above 300,000, but this does not include recent tech job losses

Climate rules could scupper new FDI projects

IDA and Enterprise Ireland will have to weigh number of new jobs against environmental impact of investments, while new greenfield projects will be restricted to those that align with climate policy

Morning Headlines

No role for RTB in short-term letting, new mica setback, Ryanair’s O’Leary slams Eamon Ryan – again

The stories you need to read this morning in business, politics and current affairs

Tánaiste Leo Varadkar leads Enterprise Ireland and IDA trade mission to Denmark

There are now 560 Enterprise Ireland client companies exporting to the Nordics region, with 328 exporting to Denmark

Regulatory inconsistency a threat to Big Tech presence in Ireland, industry warns

Politicians hear of need to invest more in Data Protection Commission, while IDA Ireland pinpoints housing as ‘risk’ to Ireland’s Foreign Direct Investment

Morning Headlines

Warning over appointing new Bord Pleanála members; Indeed Ireland’s billion-euro year

The stories you need to read this morning from the worlds of business, politics and current affairs

Up for debate: The best from the Business Post’s columnists

Insightful analysis of the main developments in business and politics from our team of writers, including Elaine Byrne, Matt Cooper and Ian Guider

Ian Guider: Bitter dispute between IDA and ConnectIreland needs to end now

As serious claims emerge from arbitration hearings, a full independent investigation of what went wrong between the two parties is essential

IDA pushes for Connect Ireland to quantify disputed claims

In long-running legal battle, Terry Clune firm alleges state agency denied it credit for bringing new jobs to Ireland

NetApp plans to add hundreds to its headcount in Ireland

US-based cloud services and data management firm chose Ireland as its international HQ due to the rich talent pool of recruits available

Intel workers to be told of potential job losses in weeks

Leo Varadkar tells IDA Ireland to monitor potential job losses at Leixlip plant as cost-cutting drive comes amid rapidly deteriorating economic outlook

Martin Shanahan announced as incoming Head of Industry and FDI at Grant Thornton Ireland

The outgoing chief executive of IDA Ireland has been appointed as a partner in the financial services firm and will lead Grant Thornton’s industry and foreign direct investment (FDI) activities from 2023

Business Post's View

Editorial: A standalone ministry for energy would prove government takes issue seriously

With sky high prices triggered by the war in Ukraine and possible blackouts in the winter ahead, creating a dedicated ministry would send all the right signals to energy companies, businesses and consumers

Exclusive: Pfizer to invest €1 billion in new Dublin biotech plant

The company, which already employs 4,000 people in Ireland, is understood to be at an advanced stage in its plans for the facility which would be one of the largest pharmaceutical investments in the history of the state