Finance and pharma sectors create 75 jobs

THE financial services sector has been given a much-needed boost with the announcement of 50 jobs.

US-based software firm Fi-Tek revealed the positions would be created over the next five years in its new European headquarters and customer support operation in Dublin.

Meanwhile, Taoiseach Brian Cowen officially opened a Japanese pharmaceutical equipment company in his home county, creating 25 jobs. He said Freund Pharmatec’s new European hub, in Tullamore, Co Offaly, showed Ireland was open for business for foreign investment.

Mr Cowen said: “Freund will be recruiting for high value positions in the midlands region and as a regional hub, with a skilled and educated workforce, we can ensure the corporation will find the best possible candidates to fill these roles here, in keeping with Ireland’s smart economy reputation.”

The jobs will be in new drug delivery technologies and clinical trial manufacturing, as well as marketing and sales.

Elsewhere, Enterprise Minister Batt O’Keeffe said that Fi-Tek’s investment and posts in hedge fund administration was significant for Ireland’s financial services sector.

The firm supplies products and services for the alternative investments, trust, asset servicing and securities processing industries.

Fi-Tek founder and chief executive Subir Chatterjee added: “Dublin has become a centre of expertise for hedge fund administration globally and our intention is to make Fi-Tek Dublin a centre of excellence for us as well.”


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