Type
Business expansion
Country
United Kingdom
Region
Northern Ireland; North of Northern Ireland;
Location of affected unit(s)
Derry / Londonderry
Sector
Information / Communication
Computer Programming, Consultancy And Related Activities
Computer Programming, Consultancy And Related Activities
62.0 - Computer programming, consultancy and related activities

256 jobs
Number of planned job creations
Job creation
Announcement Date
10 September 2018
Employment effect (start)
Foreseen end date

Description

Software company Alchemy Technology has announced plans to create 256 new jobs when it opens its new centre of excellence in Derry / Londonderry. The jobs, which are being supported by regional development funding from Invest NI, will range in annual salaries between GBP 25,000 and GBP 45,000 (about €28,000 - €50,300). According to the reports it is expected that 80 staff will be in place by the end of 2018, and the remaining jobs will be filled over a three year period. The company's founder who is originally from the city himself, gave an interview which suggested that he hoped and expected that, in time, the business would be able to support many more jobs than the 256 already promised.


Sources

Citation

Eurofound (2018), Alchemy Technology, Business expansion in United Kingdom, factsheet number 95522, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/95522.