The fitness tech company’s closure of its Irish subsidiary ends a brief presence in Ireland. It last had just over a dozen staff three years ago but had once been tipped to be much bigger.
By the time Nick Charalambous set up Alpha Wealth in 2014, he'd had plenty of turbulence in his life – first as the rebellious son of a Greek Cypriot builder in London, then during his journey to building a fast-growing business in Cork.
The Cork start-up was building software for speech and language therapists but struggled to turn its pilots with the HSE and the NHS into commercial contracts.
Nine years on, the Cork hub’s first employee is confident he can balance start-up accelerator programmes with the provision of flexible office space – including for large corporations.
An emergency notice was issued after inspections mid-November, ordering the dairy co-op to halt all discharge from its wastewater facility into the Allow river. The EPA said that suspension of the company's licence was on the cards if further condition breaches were identified.
The farmer-owned dairy processor is one of Ireland’s most profitable, despite its relatively small scale. Its CEO and CFO explain why it has no plans for consolidation nor for an IPO.
In five years, Ahmet Dede and Maria Archer have collected a record number of accolades. Yet their story never followed the traditional restaurateur recipe.
Plans for the former Magdalene laundry were lodged by Bellmount Good Shepherd Ltd, which is part owned by Pádraig and Seamus Kelleher who are building another 200-bed student complex in the city.
Cork founder David Sloane started Cambrean while doing his Leaving Cert. He has now sold the start-up to Nucleus, a New York-based genomics company backed by Peter Thiel.
The multinational has been making components for cars at its Cork plant since 1988 but now the firm is shifting around the functions of its European facilities.
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