Careers and Jobs

Paddy Power to create 250 jobs

Ireland’s largest bookmaker Paddy Power has today announced it is to create 250 jobs in Dublin 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 today’s 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 per cent 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.

As part of the deal, Paddy Power will manage risk and pricing for PMU’s new online sports betting business for the five year period from 2010 as PMU expands into the market.

Our partnership with PMU further confirms our ability to build a leading international business out of Dublin, sustaining and creating Irish jobs,” said Paddy Power chief executive Patrick Kennedy.

Separately, the company said today that turnover has grown strongly during the 19 week period from July1st to November 10th.

In a trading update, Paddy Power said it is confident of meeting the current market consensus for 2009 diluted EPS of approximately 113 cent.

“Turnover has grown strongly in the period, assisted by greater customer winnings in 2009, the high level of race cancellations in August and September 2008 and continued market share growth. Sporting results overall in the period were adverse, although all channels experienced gross win percentages above their expected ranges since the start of October,” it said.

The firm said non-retail and retail sportsbook amounts staked grew by 24 per cent and 11 per cent respectively during the period under review, however the growth rates fell as expected during October as a result in improved gross win percentages.

The group had net cash of €75million at the end of October, excluding its Sportsbet stake. The consolidation of the company’s Australian subsidiaries added further gross cash of €20 million and third party debt primarily related to the acquisition of IAS by Sportsbet of €18 million.

Satellite Broadband Ireland Jobs

Satellite Broadband Ireland will create 30 new jobs as a result of a contract from mobile group 3 Ireland. Satellite Broadband Ireland is based in Mullingar and was established in 2008. The company currently employs 10 people at its headquarters in Mullingar.

Facebook Jobs

FACEBOOK announced that it would create 70 new jobs in Ireland next year as it expanded its operations in Europe, the Middle East and Africa. The new roles will be across sales, engineering and finance.

BSB to create 20 new jobs in Dublin

BSB today marked the launch of its Irish subsidiary which will create 20 new jobs. The Financial software firm hope to tap into the lucrative life insurance sector. After Ireland the company hopes to target UK, Isle of Man and Channel Islands.

Tánaiste and Minister for Enterprise Trade and Employment Mary Coughlan said: “BSB’s decision to base its operations in Ireland will not only create jobs in the short term, but reinforces Ireland’s competitive reputation in the broader market.”

Careers & Outplacement Ireland

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Bentley Systems has announced the creation of 150 new jobs in Dublin. The company develops and provides software for infrastructural projects such as roads, bridges, hospitals, apartments and public buildings. Key projects in Ireland include the new Landsdowne Road Aviva Stadium.

The new roles will be created across business disciplines and jobs will include multi-lingual finance, sales and marketing, technical support, product release engineers and software industry professionals.

Retail Jobs Ireland

It is expected that 900 jobs will be created through a major development at the Charlestown Shopping Centre in Finglas. The 2nd phase of development will start with an investment worth €135m

Great news announced that Keelings will create 100 new jobs. Full story below thanks to Irish Examiner.

AN investment of €10 million by Keelings Group in north Dublin will create 100 additional jobs at the group’s fruit growing enterprise.

The investment, in a glasshouse at Keelings, St Margaret’s, Co Dublin, facilitates the extension of the Irish strawberry harvesting season right through to December, creating an additional 100 seasonal jobs in the process.

Keelings is the only strawberry grower to have taken such a significant step forward, a group statement said.

The group has been involved in growing berries since the 1940s. Over the last 35 years its primary activities have been growing, sourcing, shipping, marketing and distributing fresh produce from around the world to Irish, British and European markets.

The group is family owned and family run with sales in the region of €350m and employs 1,862.

David Keeling said: “Traditionally, the strawberry season was from the beginning of May to the middle of October. Now, through an investment in this state-of-the-art glasshouse, we have been able to extend the season by another two months and provide fresh strawberries for the Irish market into December”.

It means the group will now produce 6m punnets, more than 100m strawberries each year, giving it 50% of the Irish strawberry market, he said.

The new glasshouses are among the most energy efficient in Europe and are therefore environmentally friendly, he said.

Under the process the carbon dioxide produced from the burning of gas for heating is returned to the glasshouse and used by the crop.

Rain water is also captured from the roof of the glasshouse and stored in reservoirs to water the crop and all the growing medium is from renewable resources.

This story appeared in the printed version of the Irish Examiner Monday, November 02, 2009

MASTERCHEFS – Fear for over 600 jobs.

FEARS are growing for over 600 jobs at Masterchefs after the hospitality giant for the corporate sector signalled plans to appoint a liquidator.

The company has been in operation for more than 20 years and employs about 200 full-time staff and 400 part-time.

The company services some major contracts including the Irish Open, the Curragh and Fairyhouse.

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GOOGLE NEWS MEANS GREAT NEWS FOR IRELAND & POTENTIAL JOBS

Google keep on moving up and this is great news for Ireland. Indication is that there will be more investment and more jobs. Google is ahead a huge employer in Ireland but looks set to get even bigger. Read the report on Google below.

Internet giant Google is set to increase investment at its Dublin base and hire more staff on the heels of strong third-quarter results.

Chief executive Eric Schmidt confirmed the news yesterday in Killarney where the company was hosting its European employee conference — Engage 2009.

He said that as global revenues grow, so too would Google’s investment in Ireland where the company employs 1,500 at its Dublin base on Barrow Street.

“The majority of global revenues go through here. We will be looking to hire,” Mr Schmidt said.

Despite the tough economic environment, last week Google reported a 7pc increase in third-quarter revenues of $6bn, prompting Mr Schmidt to say the worst of the recession was behind the company and that he planned to invest heavily in the company’s future.

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