12/11/2009
Jobs Boost A 'Racing Certainty'
A winning bet has been revealed as Dublin wins on the horses.
Bookmaker Paddy Power has announced it is to create 250 jobs in the Irish capital over the next three years.
The company this morning announced plans to enter into the French online sports betting market though a new outsourcing contract, a move which willl lead to the creation of 50 new jobs at its Tallaght headquarters.
The jobs are in the areas of technology, risk management and quantitative analysis and are expected to be filled by next summer.
The firm, which currently employs 640 staff said it intends to create a further 200 high end jobs over the next three years at its Tallaght facility.
Taoiseach Brian Cowen welcomed the announcement, saying that it showed "that the smart economy is not a pipedream, but something that is happening all around us."
Paddy Power, which generates over 50% of its profits from outside of Ireland, is one of the largest online bookmakers in the UK and the biggest in Australia since its acquisition of a 51 per cent stake in Sportsbet in May of this year.
The company said it intends to enter the French online sports betting market through an outsourcing contract with PMU, the largest bookmaker's organisation in Europe with some 10,000 retail outlets.
In a trading update, Paddy Power said it is confident of meeting the current market consensus for 2009 diluted EPS of approximately 113%.
The firm said non-retail and retail sportsbook amounts staked grew by 24% and 11% respectively during the period under review, however the growth rates fell as expected during October as a result in improved gross win percentages.
(BMcC/GK)
Bookmaker Paddy Power has announced it is to create 250 jobs in the Irish capital over the next three years.
The company this morning announced plans to enter into the French online sports betting market though a new outsourcing contract, a move which willl lead to the creation of 50 new jobs at its Tallaght headquarters.
The jobs are in the areas of technology, risk management and quantitative analysis and are expected to be filled by next summer.
The firm, which currently employs 640 staff said it intends to create a further 200 high end jobs over the next three years at its Tallaght facility.
Taoiseach Brian Cowen welcomed the announcement, saying that it showed "that the smart economy is not a pipedream, but something that is happening all around us."
Paddy Power, which generates over 50% of its profits from outside of Ireland, is one of the largest online bookmakers in the UK and the biggest in Australia since its acquisition of a 51 per cent stake in Sportsbet in May of this year.
The company said it intends to enter the French online sports betting market through an outsourcing contract with PMU, the largest bookmaker's organisation in Europe with some 10,000 retail outlets.
In a trading update, Paddy Power said it is confident of meeting the current market consensus for 2009 diluted EPS of approximately 113%.
The firm said non-retail and retail sportsbook amounts staked grew by 24% and 11% respectively during the period under review, however the growth rates fell as expected during October as a result in improved gross win percentages.
(BMcC/GK)
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06 May 2009
Offshore Company Axes Jobs
Around 150 jobs in Aberdeen and Dundee have been axed after an offshore services company ceased trading. Oceanteam Power and Umbilical has been forced to close when the firm's holding company withdrew its financial support. Staff are based in Aberdeen, at workshops in Dundee and offshore.
Offshore Company Axes Jobs
Around 150 jobs in Aberdeen and Dundee have been axed after an offshore services company ceased trading. Oceanteam Power and Umbilical has been forced to close when the firm's holding company withdrew its financial support. Staff are based in Aberdeen, at workshops in Dundee and offshore.
10 December 2012
IT Firm Creates 100 New Jobs
Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, today announced that Mandiant, a specialist provider of IT security solutions is to establish an engineering and security operations centre in Dublin with the creation of 100 new jobs.
IT Firm Creates 100 New Jobs
Minister for Jobs, Enterprise and Innovation, Richard Bruton, TD, today announced that Mandiant, a specialist provider of IT security solutions is to establish an engineering and security operations centre in Dublin with the creation of 100 new jobs.
26 February 2016
MJM Hope For 'At Least' 1,000 New Jobs With Shackleton Development
The MJM Group has said that is hopes to create "at least" 1,000 jobs when its redevelopment of the Shackleton Barracks site in Co L'Derry is complete. It was announced today that the group has agreed a deal with the Northern Ireland Executive to buy the site, which is plans to develop for new business ventures.
MJM Hope For 'At Least' 1,000 New Jobs With Shackleton Development
The MJM Group has said that is hopes to create "at least" 1,000 jobs when its redevelopment of the Shackleton Barracks site in Co L'Derry is complete. It was announced today that the group has agreed a deal with the Northern Ireland Executive to buy the site, which is plans to develop for new business ventures.
29 April 2008
Irish Jobs Market Falters
The struggling economy has led to more misery for workers with a rash of workers handed their notice. The US computer giant Dell shocked its workers when it announced plans to lay off 450 members of staff at its operations in Dublin and Limerick over the coming months.
Irish Jobs Market Falters
The struggling economy has led to more misery for workers with a rash of workers handed their notice. The US computer giant Dell shocked its workers when it announced plans to lay off 450 members of staff at its operations in Dublin and Limerick over the coming months.
09 April 2009
Almost 100 Jobs Announced For Cork City
Up to 100 jobs are to be announced for Cork City by a US online games company. The company, Big Fish Games, is expected to announce the move with the aid of IDA Ireland. The company, which provides free online gaming on the internet, plans to open its European headquarters at Mahon, Cork.
Almost 100 Jobs Announced For Cork City
Up to 100 jobs are to be announced for Cork City by a US online games company. The company, Big Fish Games, is expected to announce the move with the aid of IDA Ireland. The company, which provides free online gaming on the internet, plans to open its European headquarters at Mahon, Cork.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.