A round up of some of this week’s GOOD news from Northern Ireland.
160 new Financial Services jobs
One hundred and sixty new jobs are being created in the Northern Ireland Financial Services sector. London–based firm, FinTrU began operations in Belfast in 2014 and announced this week that they will add 60 experienced roles and 100 graduate posts. Invest NI, CEO Alastair Hamilton welcomed the news: “FinTrU is an ambitious enterprise with aggressive expansion plans and this recruitment drive underlines it’s confidence in Northern Ireland as an investment location.”
FinTrU said the positions will pay a combined £4.2m in salaries.
Exciting times for Precision medicine firm
A precision medicine firm from Lisburn has announced £2m investment in Research and Development and the creation of 46 new jobs over the next four years. Cirdan Imaging specialises in the development of software that is used in surgery and cancer diagnoses and now has offices in Melbourne, Australia and Toronto in Canada. Invest Northern Ireland will support Cirdan’s recent growth plans to the tune of £1.4m.
£5m investment by Co Antrim Company
Larne–based company, Kilwaughter Minerals limited has announced it will invest £5m and create up to 30 new jobs. The news comes on the back of post–tax profits of £6.1m – up 4% on the previous year based on revenues of £30m. Kilwaughter Minerals manufactures specialist products for the agriculture and construction industries and is also known for it’s K–rend and Kilwaughter Lime brands.
Continued growth for one of NI’s biggest companies
One of Northern Ireland’s most successful global brands, Norbrook Laboratories announced it’s results for the year to July 2016. The global veterinary firm results showed a revenue of £239m up 11% year–on–year with post tax profits of increasing from £14.5m to £38.5m.
Norbook CEO, Liam Nagle said: “We have further strengthened our product offering in both the EU and North America with a number of new product launches, and we continue to work closely with our customers in each market to identify product opportunities.”