Three companies announce new jobs plans

Wednesday 11 December 2013 13.19
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Carraig Donn plans to create 100 new jobs over the next two years
Carraig Donn plans to create 100 new jobs over the next two years
CurrencyFair and Axway announce Dublin expansions
CurrencyFair and Axway announce Dublin expansions

Retailer Carraig Donn plans to create 100 new jobs over the next two years as part of its continued expansion, it has been announced.

The company, which is headquartered in Westport, Co Mayo, operates 32 stores across the country – including a newly-opened flagship shop Dublin’s Jervis Shopping Centre.

In 2011 it announced plans to create 150 new jobs, a process which it says is now complete.

The company currently employs more than 450 people across the country and had a turnover of €30 million last year.

Carraig Donn’s managing director and co-owner Pat Hughes said the company would “continue its planned expansion programme in 2014 and 2014”, which will lead to the creation of the jobs.

Meanwhile two new technology companies - CurrencyFair and Axway - have announced expansions to their Irish operations, which will create a total of 45 new jobs.

CurrencyFair, which claims to be the world's first online peer-to-peer currency marketplace, has established a new headquarters in Dublin.

The company is also expanding with the addition of 30 jobs. 

Peer-to-peer currency exchange means matching businesses or consumers who have a particular currency to sell with those looking to buy. 

Speaking at the official opening of the new headquarters today, Taoiseach Enda Kenny said that Ireland has a growing reputation as one of the best and most exciting locations in the world for innovative technology start-ups. 

"The establishment and rapid growth of CurrencyFair in Dublin is proof of that. The best advances in technology make the world a smaller place and the services provided by CurrencyFair will help people all over the world to transfer money cheaply," he added.

Meanwhile, Axway a market leader in governing the flow of data, has today announced the expansion of its R&D Centre of Excellence based in Dublin. 

The move will immediately provide 15 software engineering jobs in the area and continue to grow over the years.

Axway has over 11,000 customers in more than 100 countries.

Commenting on the jobs, the Minister for Jobs, Enterprise and Innovation, Richard Bruton said that Axway's decision to expand its operations here is a clear indication of "Ireland's importance as a key location for technology companies to expand and grow their business".