Company Formation Ireland

Vodafone Ireland is to invest more than €250m in further improving its network here, which would take total investment in the past four years to around €800m. “We are committed to driving the agenda for a gigabit society for Ireland and will invest over €250m in 2016/2017 in our network and IT transformation programme,” said Vodafone Ireland chief executive Anne O’Leary.  “Our performance in this quarter [...]

US life insurance giant Met Life has announced the opening of a new Global Technology Campus in Galway which will act as a support centre for its global customer base. The new campus will house more than 200 IT professionals and will open in the first six months of 2017. Recruitment for staff at the facility is to begin immediately. The new facility will help the company boost its digital and innovation [...]

Appian Asset Management has joined forces with Burlington Real Estate to launch a new fund that will seek to invest about €50 million in commercial real estate in Ireland over the next 18 months. Called the Appian Burlington Property Fund, it plans to invest in a mix of office, retail and industrial units, with about 80 per cent of its activity in greater Dublin and the balance in large regional cities. A [...]

Interest rates on Irish government bonds have hit their highest level in nine months, as a major sell-off in international bond market continues. Interest rates on the benchmark 10-year Irish bond breached 1 per cent this morning, up from 0.98 per cent of Friday and from under 0.7 per cent a week ago. The international sell-off reflects increasing speculation that a major programme of tax cuts and spendin [...]

Activity in the construction sector rose at its fastest pace in eight months during October, a new index shows. The latest Ulster Bank Construction Purchasing Managers' Index shows that activity, new orders and employment levels all rose in October and at a faster pace than in previous months. The index, which is seasonally adjusted and is designed to track changes in total construction activity, rose fo [...]