Job market given boost as 125 new positions announced
TWO companies have boosted the flagging jobs market with the announcement they are to create 125 new positions.
Yesterday, electronics retailers PCWorld and Currys, both owned by the same parent firm, said they would take on an additional 100 people – while a Japanese pharmaceutical equipment company said it would create 25 more jobs when it sets up a European hub in Taoiseach Brian Cowen’s constituency.
The news comes as recent figures from the live register show that one in every eight people is on the dole. A record 426,000 people were signing on at the end of 2009.
PCWorld and Currys said they would announce the planned locations of a number of ‘two-in-one’ stores, with both brands trading under the one roof, later this year.
The two retailers are owned by DSG (Dixons Store Group) International, one of the largest consumer electronics retailers in Europe.
The company said, as part of its expansion plans in Ireland, that the PCWorld store in Galway city would undergo a complete refit.
The Currys and PCWorld outlets in Limerick are also set to get a makeover. The Galway store had been trading “significantly above expectations” since it was refurbished late last year, the company said.
Managing director of DSG Retail Ireland, Declan Ronayne, said none of the existing 28 Irish stores and their hundreds of employees would be affected by the expansion.
Meanwhile, the Japanese pharmaceutical equipment company Freund Corporation announced it would create 25 positions over the next five years when it opens a European base in the heart of the Taoiseach’s constituency in Tullamore, Co Offaly.
The new jobs will be in drug delivery development, clinical trial manufacturing and sales. Mr Cowen welcomed the announcement and said it reinforced Ireland's position as an attractive location for pharmaceutical companies.
“I am delighted to welcome Freund Corporation to Tullamore and can assure the company that it has the full support of the Irish Government as it embeds its operation in Ireland,” he said. IDA Ireland chief executive Barry O'Leary said he looked forward to working with the company to grow their presence in the midlands.