The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Information / Communication Computer Programming, Consultancy And Related Activities Computer Programming, Consultancy And Related Activities 62 - Computer programming, consultancy and related activities
170 jobs Number of planned job creations
Announcement Date
29 June 2007
Employment effect (start)
Foreseen end date
Description
170 new research jobs will be created in a 50 million Euro expansion programme at the Tyndall National Institute at Cork, Ireland's largest information and communications technology (ICT) research centre. The investment at the institute's Cork facilities will create a complex of some 15,793 square metres including a new laboratories building and a substantial upgrading of the existing infrastructure. Dedicated space for industry researchers and a new incubation facility to provide appropriate accommodation and support to start-up companies in the ICT area are also incorporated. Tyndall is one of Europe's leading research centres, specialising in hardware for ICT. It was established in 2004 as an initiative of University College Cork, the Department of Enterprise, Trade and Employment, and Science Foundation Ireland. It brings together researchers from the University College Cork, the Cork Institute of Technology and the National Microelectronics Research Centre. The objective was to create a research institute, which would become a focal point of ICT in Ireland, to support industry and academia nationally and to increase the number of qualified graduate students for the 'knowledge economy'. Tyndall undertakes collaborative research and related work for some of the world's leading ICT companies including Intel, Analog Devices and Hewlett Packard, as well as providing vital support to Irish high-tech companies.
Sources
30 June 2007: The Irish Times
Citation
Eurofound (2007), Tyndall National Institute, Business expansion in Ireland, factsheet number 65560, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65560.
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