Ireland is a proven location for Research, Development and Innovation (RD&I) with a successful track record across multiple industry sectors based on the unique combination of benefits on offer to global business:
First established in Ireland in 1994, with the support of IDA, Boston Scientific is the largest medical device company in Ireland and employs 4,900 people in 4 manufacturing sites. Recent announcements by Boston Scientific include a €50 million Research and Development investment in the Galway facility.
Citi’s activities in Ireland include corporate rate risk management to liquidity management, billing and payment routing, fund administration, global custody settlements, client services insurance and assurance. The establishment of Citi’s R&D centre, announced in 2005, was the first dedicated R&D centre established by Citi anywhere in the world. What investment did Citi make in their first R&D centre?