Cork web firm creates 33 jobs

19 Oct 2009

Cork internet services firm Newsweaver is to create 33 high-value jobs in Bandon through a €700,000 investment in R&D.

The Enterprise Ireland-supported investment is aimed at opening up new markets for the west Cork company.

Newsweaver, which counts the UN, Shell, AIB, Bupa and Phillips among its client base, provides Software as a Service (SaaS) to enable companies publish and send electronic newsletters to their customers.

“This investment and the creation of 33 new high-value jobs is significant not just for Newsweaver but for Bandon and the west Cork region,” said the Minister for Trade and Commerce Billy Kelleher TD.

“Over the next 10 years, services will be the key driver of Ireland’s economic success and job creation, and Newsweaver is a prime example of the type of Irish internationally traded services companies that can be part of that wave.

“Innovation is a critical component in driving the successful internationalisation and scaling up of Irish services companies and I commend Newsweaver on making this investment in R&D that will position it for international growth,” Kelleher said.

“Email newsletters help build strong customer relationships which are absolutely essential in difficult economic conditions. That is the basis for our growth plans,” said Andrew O’Shaughnessy of Newsweaver.

“Newsweaver is a company that is outstripping international competitors through its commitment to continuous improvement and product development,” said Enterprise Ireland’s Head of Internationally Traded Services Kevin Sherry.

“It is the company’s flexible, business model that has seen Newsweaver secure the business of its international high calibre client base and this latest R&D investment will help ensure it stays ahead of the pack with its sophisticated service offering,” he added.

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Photo: A €700,000 investment in R&D is to see internet services firm Newsweaver create 33 jobs.