Firms to create 167 Dublin, Cork jobs

Six fast-growing companies from the US and Europe are to create 147 new jobs in Dublin and Cork, Minister for Jobs Richard Bruton…

Six fast-growing companies from the US and Europe are to create 147 new jobs in Dublin and Cork, Minister for Jobs Richard Bruton announced today.

The new posts are to be spread across a range of sectors including ICT, medical technology, financial services and digital media. The investments are supported by the Department of Jobs, Enterprise and Innovation through IDA Ireland.

Database developer 10Gen is looking to hire 60 staff as part of a plan to establish a customer and technical support centre in Dublin.

The company, which developed the document-oriented database system MongoDB, said its five-year plan would more than double the company’s presence in Ireland.

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Etsy, the e-commerce website focused on handmade or vintage items, is to establish a new global headquarters in Dublin.

The Etsy operation in Dublin, will target sellers and buyers of unique handmade and vintage goods, and craft supplies, in the European, Middle East and African region, and will have operational support.

IMSTec, a German-based technology provider, plans to establish a service support, research and development competency centre in Kinsale, Co Cork with the creation of 35 high tech jobs.

Loop1 Systems, a company that specialises in training and professional services for US software manufacturer SolarWinds, is to establish a sales, customer support and technical centre in Cork with the creation of 17 new jobs.

Loop1 said it chose Cork as the location for this operation due to its close relationship with SolarWinds, which has its EMEA headquarters in Cork.

Whitehouse International Laboratories, a testing facility serving primarily the pharmaceutical and medical device industries, announced plans to establish an Ireland-based laboratory in also in Cork with the creation of 35 skilled jobs within the next two years.

PE Lynch, an independent producer of algorithmic trading technology for global banks and brokers, is also to establish its European headquarters in Dublin with the creation of 20 new jobs. The new operation will initially take on staff in sales, marketing and finance activities, the company said.

Mr Bruton saiod: "Part of the Government’s plan for jobs and growth is ensuring that we attract more fast-growing start-ups and emerging companies to locate in Ireland, so that they establish deep roots here from early in their growth and make a substantial impact on our economy."

"There is also of course the possibility that one of these companies will turn into a world-leading company of the future," he added.

IDA chief executive Barry O’Leary said: "Ireland’s reputation as a location for fast-growing business continues to go from strength to strength."

"These six companies announcing investments and job creation in Ireland today have come to Ireland in order to take advantage of our wealth of talent, track record as a location for FDI, technology capabilities and attractive rate of corporate tax. IDA looks forwards to supporting these companies as they grow and develop their Irish operations."

Eoin Burke-Kennedy

Eoin Burke-Kennedy

Eoin Burke-Kennedy is Economics Correspondent of The Irish Times