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75 new jobs created in Dublin and Offaly

A financial services software company is to create 50 new jobs in Dublin and a Japanese pharmaceutical company is creating 25 jobs in Tullamore.

US firm Fi-Tek is to create 50 jobs by establishing a European headquarters and customer support operation in the capital.

The company's software products are used by hedge fund administrators, accounting firms and fund managers.

The jobs will come on stream over a five-year period.

Managing director of Fi-Tek Ireland Peter Marshall said: 'We are very happy to establish this important part of our international business in Dublin.

'Ireland's pro-business environment, availability of highly-skilled personnel, the presence of many of our clients and working with IDA Ireland were the key reasons Ireland was chosen as the location for our European headquarters.'

Elsewhere in Tullamore, 25 new jobs are being created by Freund Pharmatec as it sets up its European hub in the town.