25/05/2007

Software Company Creates Jobs On £6.6m Investment

A £6.6 million investment in a Belfast-based software development company could create 175 jobs.

The Invest Northern Ireland backed expansion of American owned Liberty Information Technology (LIT), will help the company develop new IT products and services.

Announcing the investment, Economy Minister, Nigel Dodds said: “The £6.6 million project is a further endorsement of the skills that Northern Ireland has to offer the international financial and IT sectors. We have a talented pool of graduate and experienced software professionals whose abilities are increasingly attracting and retaining investment from around the world.

Liberty is an internationally respected firm whose growing presence here will consolidate Northern Ireland’s position as a key location for inward investment. Today’s announcement will significantly benefit the economy by generating an expected additional £6.7 million a year in salaries by 2010. This is the fourth investment made by Liberty Mutual since 1997, and is testimony to the strength of the Northern Ireland product.”

Liberty Information Technology is owned by US insurance company Liberty Mutual Group. LIT provides software application development and maintenance services to the parent company.

(JM/SP)

Related Northern Ireland Recruitment News Stories
Click here for the latest headlines.

27 May 2009
Jobs Boost From Medical Firm
Some 50 jobs are to be created soon thanks to a medical equipment manufacturer's plans to develop its business in Northern Ireland. Lir-Med, which produces equipment for surgical procedures, will initially employ 10 people at new premises in Craigavon from June. Over the next two years they expect a further 40 jobs will be created.
25 August 2011
Construction Jobs Secured In Wastewater Boost
A construction sector partnership has this week been boosted with news that rural villages across Northern Ireland are to benefit from a £4.3m extension to NI Water's (NIW) Rural Wastewater Investment Programme.
13 April 2006
Indian Technology Firm To Create 160 Jobs In Belfast
An Indian technology company is to create almost 160 jobs in Belfast. The software development company Polaris Lab, will target the banking and financial services sector and the centre will be backed by financial assistance from Invest Northern Ireland.
20 December 2013
150 Technology Jobs Boost For Dublin
The Minister for Social Protection, Joan Burton T.D., has welcomed the announcement by Liberty Mutual Insurance Group of the creation of 150 new jobs in the company's Blanchardstown office. The new jobs represent an expansion of the company's IT operations, which currently employ over 350 people in Belfast.