SIEMENS STILL SEES IRISH OPPORTUNITIES - German electronics firm Siemens is creating 60 jobs in its IT services division in Cork City. The jobs are for technical and network specialists. Siemens already employs more than 1,100 staff in Dublin, Cork and Belfast, and says it sees further interesting opportunities in the Irish market.
Asked about competitiveness, Malte Gloth of Siemens Ireland said costs were not everything. He said highly-qualified, skilled and motivated staff - along with good infrastructure - were necessary to produce quality in the service sector.
He said Siemens saw a lot of potential in the energy and health sectors in Ireland. Mr Gloth said there was a lot of investment in the public sector to make services more efficient, and this was good from Siemens' perspective.
***
NEWS IN BRIEF - Separately, four major Irish food companies are today expected to announce 50 food science jobs in commercialising food and ingredients that have a beneficial effect on health and disease. The funding totals €23m, the bulk of which is being put up by Enterprise Ireland. The companies involved are Kerry Ingredients, Glanbia Nutritionals, Carbery and Dairygold.
Intel, the world's biggest maker of semiconductors, said overnight its profits rose more than expected in the second three months of this year, on strong international sales bolstered by a weak dollar. Its net income rose 25% to $1.6 billion from $1.3 billion in the same period last year.
United Drug has bought US contract pharmaceutical packaging company, Sharp, for $99m.
