NEARLY 800 jobs were announced yesterday, with supermarket giant Tesco leading the way in creating the bulk of them as part of a €113 million expansion drive in the Irish market.
Tesco Ireland’s latest expansion plans, which will see it open seven new outlets across the country over the next 12 months in Kinnegad, Oranmore, Swinford, Ballybeg, Naas, Kimmage and Dublin city centre — will bring 688 positions on stream; with the additional 60 jobs provided in a shop in Roscrea.
In all, the company is adding 748 jobs, which will bring its total Irish-based workforce to over 14,000.
The first of the new stores to open — the Tesco Express outlet on Dublin’s Thomas Street — is the 120th opening for a company whose annual contribution to the economy is about €2.5bn.
Tesco Ireland chief executive Tony Keohane said the expansion would provide a significant boost to local employment “at a time when Ireland needs to get people into work”.
However, the IFA has warned Tesco’s Irish expansion “must not be at the expense of food producers”.
President John Bryan yesterday questioned the merit of Tesco’s planned enlargement, saying it adds to the over-capacity in the retail grocery sector at a time when many small shops and convenience stores are struggling to compete.
“The over-capacity of the sector is self-evident and returns to the primary producer are being forced down to pay for the excess capacity and capital expenditure by the multiples,” he added.
Mr Bryan also called for the Government to hasten its plans to introduce a code of practice to regulate the sector, “as the multiples continue to take more profit out of the food supply chain”.
Meanwhile, Dublin-based IT consultancy and outsourcing services company, Version 1 has announced its intention to create 100 positions over the next three years.
The jobs will be based in its Dublin HQ, its secondary office in Belfast and a new base in Cork. They come on the back of Version 1s takeover of PM Centrix, the IT arm of professional services business, the PM Group.
Version 1 has had a strong 2010, with yearly turnover projected to be €17.5m.
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