Telecoms firm to create 100 jobs
About 100 jobs are to be created by a multinational telecoms firm bringing its European headquarters to Dublin, it was revealed today.
Brian Cowen said the investment by Telefonica at its O2 headquarters in Dublin was highly significant for the country.
"These are high calibre jobs," the Taoiseach said.
"I can assure Telefonica that Ireland will continue to invest heavily in education and training for its people to ensure a continuous supply of skilled employees ... thereby enabling them to develop and grow their businesses here."
The jobs should be in place by the end of 2012 at the O2 offices in the docklands.
The people services centre will handle human resources, support and administration for Telefonica's 27,900 employees across Europe in their respective local languages.
Enterprise Minister Batt O'Keeffe said the investment was a further significant vote of confidence in Ireland.
"We have demonstrated yet again to the global investment community that Ireland continues to attract high-quality foreign direct investments in these difficult times for the world economy," the minister said.
"As Ireland emerges from recession and returns to growth, these investments play a key role in rebuilding our confidence as a nation and proving to the world that Ireland is open for business."
Telefonica has 49 million customers across Europe and trades as O2 in a number of countries including Ireland, the UK, Germany, the Czech Republic and Slovakia.