May, 2013


31
May 13

2,000 Jobs to created in Water Metering Network.

IRISH Water is to create 2,000 new jobs as part of the Government’s roll-out of the water metering network. 

The firm, which will administer the new water charge for all Irish households from 2014/15, will create the new jobs on a phased basis over the next three years.

The first 100 jobs will be filled over the next six months.

Over 400 jobs will be focussed on the Cork-based business services firm, Abtran, which won the contract to operate Irish Water’s call centre.

A further 1,600 jobs will be created in the installation and maintenance of Ireland’s network of over one million water meters.

Workers for these jobs will be recruited from July.

Environment Minister Phil Hogan confirmed the jobs as he launched the Irish Water roll-out with the firm’s managing director, John Tierney in Cork this (Thursday) morning.

Irish Water, which is a subsidiary of Bord Gais, was created to manage Ireland’s water distribution system both for residential and business customers.

The core of the new system will be a metered water charge which is expected to be implemented from 2014/15.

The charge has not yet been set but is expected to be in the region of €200 to €300 annually.

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31
May 13

Irish Water to create 400 jobs in Cork.

Minister for the Environment Phil Hogan is expected to announce 400 new jobs for Cork at an Irish Water function this morning. Photograph: Eric Luke/The Irish Times Some 400 new jobs are to be created in Cork by the new company set up to manage Ireland’s water supply.  Postitions to be filled at Abtran call centre by next year.

Minister for the Environment Phil Hogan and Irish Water managing director John Tierney made the announcement at a function this morning.

The jobs will be created at the Abtran call centre in Bishoptown, which has been awarded the contract to deal with processing applications and customer queries in relation to Irish Water Ltd’s operations. The contract is for five years.

The the first 100 staff will be recruited by mid-summer with the remaining 300 positions to be filled by 2014.

The call centre will provide customer care to about 1.6 million domestic and commercial public water users.

Abtran is the country’s largest business outsource service provider and is already handling calls in relation to the Local Property Tax for the Revenue Commissioners. Its clients also include Electric Ireland, Sky TV and Aviva Insurance.

Earlier this month, Abtran discovered that a staff member handling queries regarding the LPT had been seeking credit card details from callers when he had no authority to do so. The company immediately notified the gardaí who lbegan an investigation.

Irish Water is a subsidiary of Bord Gais. It is understood the incident prompted Bord Gais to delay awarding the contract until it received a report from Abtran and a detailed timeline of the events leading up to the individual’s suspension.

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31
May 13

10 Start-ups Designing the Future of Advertising.

Ireland's Hot New EntrepreneursAn Irish newspaper is moonlighting as a start-up incubator. Check out the small companies it’s trying to nurture.

The newspaper The Irish Times is looking to answer a question near and dear to the hearts of media companies everywhere: What is the future of advertising? It asked entrepreneurs to submit their best ideas for companies that might help media–say, a newspaper–make money in coming decades, now that the sun has set on classified ads.

More than 100 start-ups applied to be incubated at the Times, applicants has been whittled down to a final 10, which were selected by a panel of Ireland’s largest media buyers, including Tyson Pearcey of Mindshare and Paul Farrell of Initiative. The competition, dubbed Fusion, will close on June 14, when a judging panel selects an overall winner right before the Cannes Lions International Festival of Creativity in Dublin.

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30
May 13

€52m funding raised by technology start ups may not be enough.

IRISH technology companies raised €52m in funding in the first months of 2013 but experts warn that a shortage of finance for start-ups could emerge later this year. 

“This is similar to last year and a highly satisfactory performance especially as activity in international markets is experiencing significant volatility,” said Dr Manus Rogan, chairman of the Irish Venture Capital Association.

“For example, US quarter numbers are down 6pc as the global credit crunch continues to bite.”

However, the amount of funding raised by start-ups was down. In the first three months of 2013, early-stage companies raised €7.3m worth of seed capital compared to €13.3m over the same period in 2012.

One of the country’s biggest law firms has warned that this indicates that a shortage of start-up funding could emerge this year.

FULLY INVESTED

“Seed funds supported by the banking sector and Enterprise Ireland’s seed and venture capital programme of 2006-2012 will be fully invested in the near term,” said Stephen Keogh, a partner with corporate solicitors William Fry.

“These funds will need to be renewed if entrepreneurs are to be supported as actively as in the last five years.”

The IVCA said the venture capital funds rather than banks or other types of investors are the main source of funding for Irish small and medium enterprises (SMEs).

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30
May 13

SuperValu calls on Limerick GAA clubs to enter the ‘Community Den’

SuperValu Launch 'Community Den'To celebrate its fourth year as partners to the GAA, SuperValu, Ireland’s leading community retailer is calling on GAA clubs from Limerick to enter a new and exciting ‘Community Den’ competition.

Community Dragons; Paul Galvin (Kerry), Marty Morrissey (RTE) and Gavin Duffy (Dragon’s Den) have teamed up with SuperValu to call on communities and GAA clubs in Limerick to enter the competition to win one of three €5,000 bursaries or the overall prize fund of €10,000 for their club, with one of each of these bursaries spread across the four provinces.   Additionally, SuperValu will host a gala dinner at the winning club to celebrate the joy of Irish sport and the taste of local food, attended by GAA President Liam O’Neill.

Kerry footballer, Paul Galvin said, “I look forward to becoming a Dragon for the SuperValu Community Den initiative. In these hard times, clubs are really struggling to raise much needed funds. With this initiative SuperValu is providing them with an opportunity to get funds that will make a real difference to their club and its members. All you have to do is drop into your local SuperValu to pick up an entry form or log on to supervalu.ie.  Closing date for entries is July 12th. Provincial winners will be announced on July 26th and the overall winner will be announced on September 11th. “

Margaret Barron, SuperValu Marketing Manager said, “Much like the GAA, SuperValu lies at the heart of communities in Ireland. We believe in the power of local and want to celebrate our sponsorship of the Football Championship by giving something back to the communities in which we operate and are offering clubs a real chance to make improvements that will benefit their members and supporters.”

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30
May 13

70 Jobs At Meath Basalt Facility

Mafic Logo70 new jobs are to be created by Mafic Ireland Limited over the next three years through a multi-million Euro investment in a new production facility in Kells, County Meath.
Jobs Minister Richard Bruton made the announcement this week.  Mafic is in the process of establishing a basalt fibre production facility in Kells Business Park.  The facility will become Mafic’s manufacturing centre and production headquarters.  The new jobs will be in the areas of General Management, Shop Floor Managers, General Operatives and Administrative Staff.  Minister Bruton said: “The innovative Succeed in Ireland initiative is about marshalling all the resources of our community and our diaspora to tackle the jobs crisis and attract new multinational companies who would not otherwise come to Ireland.  “Through local connections and with support from my Department through IDA Ireland, a manufacturing facility which otherwise would have gone elsewhere in the world is coming to employ people off the live register in a regional town which would ordinarily struggle to attract multinational investment. I commend all involved.”

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30
May 13

26 new jobs as Opel Ireland expands

Opel Ireland has announced a further expansion to its network with four new car dealerships in Limerick, Offaly, Carlow and Kildare.

A total of 20 new jobs will be created with Hinchy’s in Limerick and six new jobs with the O’Brien Group in Tullamore, Co Offaly.

Meanwhile a further 44 jobs will be secured with the appointment of Fitzpatrick’s Garages in Carlow and Naas.

This brings the number of Opel dealerships in Ireland to 35, with a total of five new dealers being appointed in the last year.

“Our customers are at the forefront of everything that we do. We have invested heavily in establishing a trusted dealer network to ensure our customers have a dedicated and professional service no matter where they are located,” said Dave Sheeran, managing director of Opel Ireland.

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29
May 13

Global speakers in Dublin to share lean business experiences at Enterprise Ireland conference.

Global speakers in Dublin to share lean business experiences at Enterprise Ireland conferenceRepresentatives from more than 40 of the world’s leading companies, including Toyota, Bosch, Kraft Foods and Volvo, are coming together today at an Enterprise Ireland conference to share practical experiences of what does and doesn’t work in the drive to achieve competitiveness in global markets.

International speakers include the president of the board of Toyota Motor Manufacturing Poland, Carl Klemm, and senior managers from Tetra Pak, Rational, Kostwein, Porsche, Bosch and Volvo. Speakers from Irish companies that have adopted lean business strategies include Kepak Group, Dairygold, Diageo, Openet, Combilift, Glanbia, Keenans, Chanelle, Kraft Foods and Kerry Group.

The ‘Driving Competitiveness’ conference, which is being held in Dublin Castle, was opened this morning by Minister for Agriculture, Food and the Marine, Simon Coveney.  The conference is supported by the Irish presidency of the Council of the European Union, the Department of Jobs, Enterprise and Innovation and the EU-Japan Centre for Industrial Cooperation.

The Minister described competitiveness as fundamental to success. “The focus on lean business is key for companies as they seek to compete and win in global markets,” he said. “Businesses across all sectors need to operate at world-class levels of performance to secure and grow their share of export sales.

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28
May 13

Aztec Money to create 100 new jobs in Dublin

Aztec Money to create 100 new jobs in DublinUp to 100 new jobs in the areas of data processing, marketing, sales and IT are to be created in Dublin by international finance firm Aztec Money.

The company, which specialises in providing SMEs and corporates with access to a network of institutional investors, is locating its global headquarters on Georges Quay in Dublin.

The company works with businesses by connecting them with investors interested in purchasing invoices and thereby allowing them to improve cash flow.

The company has raised significant capital from a range of private investors, including the Chandler Corporation, a private investment group based in Singapore which has taken a 28.5pc stake in the company.

“Today, Aztec Money are announcing that they are establishing an innovative new service for Irish SMEs to help improve cash flow, which will be a very welcome addition to the supports available to job-creating businesses here,” the Minister for Jobs, Enterprise and Innovation Richard Bruton said.

“Beyond that, Aztec is also announcing that they have established their global headquarters in Dublin, with the creation of 100 new jobs over the next two years. We in Government will continue working hard to ensure that we can attract further international investment to Ireland and help create the jobs we need,” Bruton said.

Aztec Money has been conceived by an experienced team of international finance professionals and will initially focus on Ireland, Spain, Italy and Greece for its product provision. It is also in the process of opening representative offices in Brazil and Poland, and plans to open new offices in Asia and the USA as the service develops.

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28
May 13

Two firms to create 170 new jobs in Dublin and Meath

More than 170 new jobs are to be created by two companies in Dublin and Meath.

Textile manufacturing firm Mafic is to build a new basalt smelting plant in Kells, Co Meath which will create 70 jobs over the next three years.

The investment is the first significant jobs boost secured under the Government’s “Succeed in Ireland” initiative.

The scheme, announced last year as part of the Government’s action plan for jobs, offers financial incentives to any person who successfully introduces a company to Ireland that creates jobs.

The initiative, operated by ConnectIreland.com, targets international companies and business people who would otherwise not have been reached by State agencies.

Luxembourg-based Mafic has the exclusive technology rights for the production of basalt fibre, which is used as a fireproof textile in the car and aerospace industries.

Mafic will make basalt fibre from crushed basalt rock, which is being sourced from the Ukraine and melted in specially commissioned furnaces.

Its plant, which will be based in the Kells Business Park, will create employment opportunities for 70 people in the areas of general management, shop floor managers, general operatives and administrative staff.

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