16 Jun 2015

Small, fast-growing firms to create jobs, says Bruton

Filed under: Business News

The Government has denied that Dublin grabs the biggest share of the huge amounts of foreign direct investment flowing into Ireland at the expense of the rest of the country.

Jobs Minister Richard Bruton told reporters that Ireland’s regions play to their various individual “strengths”, but that small fast-growing companies tend to be attracted to the centressuch as Dublin that offer them key advantages.

He was responding to a reporters’ question following an announcement that five of six companies that the Government yesterday said were setting up bases in Ireland for the first time would be located in the capital.

Social networking site Facebook also confirmed its plan to establish a datacentre at Clonee on the Co Meath-Co Dublin border.

The six investments between them would create 185 jobs in the next few years, backed by the IDA incentives.

Mr Bruton said the Government was pursuing a regional enterprise strategy and that the south east was building on its strength in attracting pharmaceutical companies to invest in the region.

The companies which the IDA and the Government announced yesterday include:

  • 25 jobs at CRI, a medical device manufacturer, which plans to create jobs at a base in Co Wexford over the next three years;
  • 50 jobs at NuoDB, a database technology company, which is setting up a development centre in Dublin and a new office in Belfast;
  • 20 jobs at Megatransfert, a small French FinTech company that focuses in micropayments using prepaid cards and e-money and e-wallet payments;
  • 30 jobs at Artisan Infrastructure, a cloud software services company, which plans to set up a major head office in Dublin;
  • 30 jobs at DataClarity, a software applications firm that makes corporate data. It will set up in Dublin;
  • 30 jobs at Modern Marketing Concepts, a sales and marketing services company for the healthcare sector, which plans to set up a head office in Sandyford in Dublin.

Article Source: http://tinyurl.com/kbwqb42

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