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.
Professional Services Scientific, Architectural And Engineering Technical Activities Scientific Research And Development 72 - Scientific research and development
305 jobs Number of planned job creations
Announcement Date
5 February 2020
Employment effect (start)
5 February 2020
Foreseen end date
31 December 2024
Description
The Fintech company Fexco is to create 305 jobs over the next four years in a new research and development hub in Killorglin, County Kerry. The new jobs are part of a €21 million investment in partnership with Kerry County Council and Institute of Technology Tralee. The promised jobs are in research, development and innovation.
Fexco currently employs 2,500 people worldwide - around 1,000 of those positions are in Ireland. The company provides technology solutions to companies that are predominantly in financial services. The jobs measure is supported by Enterprise Ireland.
Eurofound (2020), Fexco, Business expansion in Ireland, factsheet number 99737, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99737.
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