IDA Ireland | Business Post

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

WorkFusion to create 100 jobs at new European headquarters in Dublin

US-based company works with Fortune 500 enterprises, banks, insurance, and financial services companies

Regulator drops plans to introduce €100m of new charges on energy-intensive firms

The Commission for the Regulation of Utilities has decided not to introduce a suite of tariffs that would have affected about 2,000 energy-intensive firms

Pharmaceutical giant Abbvie to invest €60 million to expand Cork site

Expansion is expected to create about 70 new jobs at Abbvie’s site in Carrigtwohill

IDA issues warning over Ireland’s ‘expensive and high-risk’ energy system

The state agency made the claim in an uncompromising submission to the energy regulator, while arguing that new plans to impose €100m emergency tariffs on large firms would undermine national competitiveness

Abbott to create 1,000 jobs in Kilkenny and Donegal as part of major expansion

New greenfield site to be built in Kilkenny with expansion at Donegal facility as part of €440 million investment

Financial services firm says 300 new jobs in Donegal ‘just first step’

Fintru chief executive Darragh McCarthy says the company has ambitious expansion plans for the region as it sets up a European delivery centre in Letterkenny

Fintru announces plans to create 300 jobs in Donegal over the next five years

The Belfast-headquartered firm, which specialises in regulatory solutions for investment banks, is setting up a European delivery centre in Letterkenny to service European clients post-Brexit

IDA boss says data centre moratorium weakens Ireland as a European tech hub

Martin Shanahan has warned that the current ban on new data centre facilities in the Dublin area could prompt global tech firms to retreat from this country