Recruitment company CPL Resources has said it will create 160 new jobs in Ireland over the next two years and 40 further roles abroad.

The company said the positions will include recruitment, sales and marketing jobs and will be spread across its operations in Ireland, the UK and eastern Europe.

CPL is Ireland's largest recruitment agency and its revenues rose to €393.6m this year. The company has 550 staff across 36 offices in nine countries.

The company's chief executive Anne Heraty said that the "strong uplift in business" is why the company is hiring so many people.  

"We work with both Irish and international companies, many of which are expanding, both in Ireland and abroad. It's clear that confidence is on the rise in Irish businesses. Earlier this month the European Commission predicted Irish GDP growth of 6%, so most businesses are seeking to increase their headcount," she added.

Commenting on the announcement, the Minister for Jobs, Enterprise and Innovation said the jobs market has performed extremely strongly over recent years, with 135,800 extra people at work now compared to February 2012.

"Today's announcement from CPL that it is directly creating an extra 160 jobs in Ireland and a further 40 in overseas markets is a very welcome boost and further confirmation of the strong growth that's happening," Richard Bruton said.

Shares in the company were higher in Dublin trade today.