Arvato, which provides outsourcing services to businesses, is to create up to 150 jobs in its Irish finance division over the next three years. The company says 30 vacancies are currently available.

The new positions are in IT, consulting, finance and accounting, project management and customer service. The company is adding the new jobs because of increased demand for outsourcing services in Ireland and internationally.

Taoiseach Enda Kenny made the announcement, which comes as the company marked 15 years in Dublin. Arvato, part of the German media group Bertelsmann, already employs 1,200 people in Ireland.