Menu
06/11/2006
QUMAS To Invest €4.4m In R&D
QUMAS is to make a €4.4m investment in its Research and Development Centre at Cleve Business Park, Cork with the promise of 40 jobs.
Attracting support from Enterprise Ireland, the investment will allow for the expansion of the R&D department and will lead to the creation of 40 new high-value jobs, 26 of which are dedicated R&D roles, over the next two years at the company’s Cork headquarters.
Commenting at the announcement Mr. Paul Hands, CEO of QUMAS said: “We aim to improve our market penetration in the US and Europe where we are targeting incremental sales in excess of €40m over the next five years.
“QUMAS has established a leadership position in governance, risk and compliance software for regulated sectors, based on product quality, technical expertise and customer focus, and this investment marks the next phase of growth for QUMAS.”
Based in Cork, QUMAS provides enterprise governance, risk and compliance management solutions that address a range of regulatory directives for companies in the Life Sciences and Financial Services sectors.
(SP)
Attracting support from Enterprise Ireland, the investment will allow for the expansion of the R&D department and will lead to the creation of 40 new high-value jobs, 26 of which are dedicated R&D roles, over the next two years at the company’s Cork headquarters.
Commenting at the announcement Mr. Paul Hands, CEO of QUMAS said: “We aim to improve our market penetration in the US and Europe where we are targeting incremental sales in excess of €40m over the next five years.
“QUMAS has established a leadership position in governance, risk and compliance software for regulated sectors, based on product quality, technical expertise and customer focus, and this investment marks the next phase of growth for QUMAS.”
Based in Cork, QUMAS provides enterprise governance, risk and compliance management solutions that address a range of regulatory directives for companies in the Life Sciences and Financial Services sectors.
(SP)
Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.
13 May 2013
Linden Foods Creates 179 New Jobs
Enterprise Minister Arlene Foster has announced a £5 million investment by Dungannon-based Linden Foods, which will create 179 new jobs. Linden Foods is a market leader within the Northern Ireland fresh meat processing industry, sourcing and processing top quality beef and lamb.
Linden Foods Creates 179 New Jobs
Enterprise Minister Arlene Foster has announced a £5 million investment by Dungannon-based Linden Foods, which will create 179 new jobs. Linden Foods is a market leader within the Northern Ireland fresh meat processing industry, sourcing and processing top quality beef and lamb.
24 September 2008
Instruction Firm Drives 250 Jobs
A total of 250 jobs are to be created following the expansion of driver training and instruction company SIM2Learn, it has been announced. The company has its headquarters in Galway, and operates from centres in Dublin, Cork, Sligo and Letterkenny.
Instruction Firm Drives 250 Jobs
A total of 250 jobs are to be created following the expansion of driver training and instruction company SIM2Learn, it has been announced. The company has its headquarters in Galway, and operates from centres in Dublin, Cork, Sligo and Letterkenny.
29 November 2016
IT Services Firm To Create 17 New Jobs In Belfast
An IT services firm has announced it is to create 17 new jobs in Belfast. CloudMigrator365 is to set up offices in the area and Invest Northern Ireland has offered the company £85,000 towards the new jobs. Economy Minister Simon Hamilton welcomed the announcement. He said: "CloudMigrator365 is a leader in its field.
IT Services Firm To Create 17 New Jobs In Belfast
An IT services firm has announced it is to create 17 new jobs in Belfast. CloudMigrator365 is to set up offices in the area and Invest Northern Ireland has offered the company £85,000 towards the new jobs. Economy Minister Simon Hamilton welcomed the announcement. He said: "CloudMigrator365 is a leader in its field.
30 August 2016
New Jobs To Be Created In Lisburn
P2V Systems in Lisburn is to create 14 new jobs following support from Invest Northern Ireland. The firm, which provides IT services to public and private sector businesses, plans to double its workforce by 2018.
New Jobs To Be Created In Lisburn
P2V Systems in Lisburn is to create 14 new jobs following support from Invest Northern Ireland. The firm, which provides IT services to public and private sector businesses, plans to double its workforce by 2018.
21 March 2016
Over 100 New Jobs Created By 24 Companies
More than 100 new jobs have been created by 24 businesses in the southern region of Northern Ireland, Enterprise, Trade and Investment Minister, Jonathan Bell has said. Praising the commitment of the companies during a celebration event at Invest NI's Newry office Jonathan Bell said: "The investment activities totalling over £5.
Over 100 New Jobs Created By 24 Companies
More than 100 new jobs have been created by 24 businesses in the southern region of Northern Ireland, Enterprise, Trade and Investment Minister, Jonathan Bell has said. Praising the commitment of the companies during a celebration event at Invest NI's Newry office Jonathan Bell said: "The investment activities totalling over £5.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
