NEWS Spring 2020
NEWS VIEWS and
A first look at new job announcements, research projects, global rankings and ongoing innovation in Ireland.
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EDUCATED WORKFORCE
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Jo McAleer Senior Business Solutions & Process Specialist Otter Products, Barrie Collins Managing Director Otter Products, Leo Clancy IDA Ireland, Cllr Fergal Dennehy Deputy Lord Mayor of Cork
Winning Ways IDA Ireland’s Winning – Foreign Direct Investment 20152019 Strategy finished on a high note with employment levels in client companies reaching 245,096: the highest ever number employed in the multinational sector. In 2019, 21,844 new jobs were created in 250 projects in FDI companies, half of these investments were from firsttime investors. Martin Shanahan, CEO of IDA Ireland said: “Foreign Direct Investment continues to be a substantive driver of the economy and IDA Ireland clients now account directly for 10.5% of national employment.” Employment grew across all sectors, with 110 investments regionally, creating 5,368 net jobs.
56%
Ireland’s workforce is one of the world’s most educated with over half of those aged 30-34 holding a third-level degree. 2
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@JanssenIE “Today is a very exciting day for all of us here in @JanssenIE as we unveil a significant expansion at our #Cork facility. This new manufacturing building will see us welcome an additional 200 full-time employees to our Janssen Ireland family.”
A well-known name in the smartphone and tablet case sector, Otter Products EMEA was first established in Cork in 2010 and has since achieved accelerated growth across the EMEA market year-onyear. The company is moving on to the next phase in their development, locating to their new purpose-designed premises on South Mall, Cork City. Otter Products EMEA currently has 73 employees across the region and the new site has capacity for up to 100 employees, a sure indicator of the business’s growth ambitions. Opening the company’s new premises, Barrie Collins, Managing Director said, “We have built a business that is connected globally but works locally. Our people are central to our success and I see this office as a sign of where we are and setting us up for further expansion, as we near our tenth anniversary in Europe.”
IDAIRELAND.COM
12/02/2020 20:17
