Job hopes as Eli Lilly spends €10m on offices

Cork could be in line for a significant jobs boost with the announcement that pharmaceutical multinational Eli Lilly is to spend €10m on new Cork offices, in a building capable of hosting hundreds of new shared financial services jobs.

The major pharma employer, currently investing €330m at its manufacturing facility in Dunderrow, Kinsale, already employs 120 at its global services centre in Little Island, Cork. It handles financial transactions for up to 40 Lilly affiliates/countries.

The Fortune 500 firm, currently employs 700 in Ireland: in Cork, Sligo and Dublin. It is buying a 65,000 sq ft office building in EastGate Business Park, Little Island via Niall Guerin of Savills from developers O’Flynn Construction.