Pharmaceutical company Eli Lilly is expected to announce the creation of 100 jobs at a European financial services centre in Cork City.
It is understood that the announcement is to be made by the company tomorrow.
The company has not commented ahead of that announcement, but in a statement this afternoon Minister for Trade & Commerce Billy Kelleher said the staff for the centre would be recruited over the next 12 months.
Eli Lilly already employs 450 people at a bulk manufacturing plant at Kinsale, Co Cork, which was established almost 30 years ago.
The company also has a shared services centre in Cork City.
It has more than 42,000 employees worldwide.