Author: Practicenet

Government claims progress in fixing mobile and broadband blackspots

Telecoms operators are working with local authorities to identify and remedy mobile blackspots. Speaking at the launch of a report from the Government’s Mobile Phone and Broadband Taskforce, Communications Minister Denis Naughten also said that every local authority now had a broadband officer “as a single point of contact” for the public and telecoms operators […]

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Euro rises as talks on stimulus delayed

Mario Draghi has said policymakers are still waiting for inflation to catch up with the economy’s recovery, as they put off any discussion on tapering stimulus until after the summer. “We are finally experiencing a robust recovery where we only have to wait for wages and prices to follow course,” the European Central Bank (ECB) […]

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Traffic payments boost tunnel profits

Traffic guarantee payments totalling €4.4m by Transport Infrastructure Ireland (TII) to the firm operating the €800m Limerick tunnel helped the company record an operating profit of €9.4m last year. New accounts filed by Directroute (Limerick) Ltd show that the firm recorded a 38pc increase in operating profits last year going from €6.8m to €9.4m. Revenues […]

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Software company Zendesk to create 300 jobs in Dublin

Cloud-based provider of customer service Zendesk is to create 300 jobs in Dublin over the next three to four years. The roles will be in a number of areas including engineering, developing, sales, legal, and finance. The move will bring its total headcount in Dublin to in excess of 500 employees. Founded in a Copenhagen […]

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Dublin fifth in world for prime retail rent growth

Dublin has emerged as one of the fastest-growing prime retail locations in the world according to CBRE’s latest half-yearly research report, ‘Global Prime Retail Rents’. The Irish capital secures fifth place on the list, after recording an 10.5pc year-on-year increase in rents for prime retail in the first quarter of 2017. While the rate of […]

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New financing platform aims to support the construction of 250 homes with €60m of loans

Initiative Ireland is aiming to finance €60m in construction loans to fund 250 family homes. It intends to launch Ireland’s first syndicated property finance platform in September to raise cash from investors, or members, and lend it on to builders. Initiative Ireland will offer its private syndicate members a return of 3.5pc APR to 7.5pc […]

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Guinness has a €16m expansion plan in store

UP TO 300 construction jobs will be created as part of a €16m expansion of the landmark Guinness Storehouse in Dublin, Ireland’s most-visited fee-paying tourist attraction. The plan will see the Gravity Bar doubling in size, with capacity for 500 people at any one time. That’s being achieved by directly linking a new 360 degree […]

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UK still the top destination for emigrating Irish professionals

The UK remains the top destination for professionals leaving Ireland, despite the country’s intention to leave the European Union. The level of movement between both countries did fall marginally however, with approximately 26pc of all talent leaving Ireland opting for the UK between October 2016 and April 2017, compared to approximately 27pc in the previous […]

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Shopify to create 100 new jobs in Galway

Shopify, a cloud-based, multi-channel retail platform designed for small and medium-sized businesses, is creating 100 new jobs in Galway with the help of IDA Ireland. The roles will be in the area of support staff, and recruitment is expected to start next month. Known as “Gurus” Shopify’s Irish support staff are all remote workers, meaning […]

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Software company Zendesk to create 300 jobs in Dublin

loud-based provider of customer service Zendesk is to create 300 jobs in Dublin over the next three to four years. The roles will be in a number of areas including engineering, developing, sales, legal, and finance. The move will bring its total headcount in Dublin to in excess of 500 employees. Founded in a Copenhagen […]

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