Ricoh is creating 110 new jobs in Dublin as part of a plan to double revenue.
Print and document player Ricoh is to double the size of its Irish business with 110 new jobs as part of a €6.5m investment.
The new jobs at its Irish headquarters in Swords are part of a drive to double the company’s revenue in Ireland from €16.4m last year to €32m in the next three years.
‘The new HQ truly is the feather in our cap, showcasing how we have used technology to pioneer the workforce of the future’
– GARY HOPWOOD
Globally, Ricoh has revenues of more than €18bn.
Ricoh has been operating in Ireland since 1980. In 2016, it invested €250,000 in a document production centre in Glasnevin.
The latest investment by the Japan-headquartered company will be funded by retained earnings and a growing revenue stream.
Key to the expansion is revenue from Ricoh’s business process services around streamlined document workflow and production print services.
In the last 18 months, Ricoh created an additional 30 jobs.
Over the next three years, Ricoh Ireland will look to fill roles in the areas of technical engineering, software solutions, business development and operations management.
The investment was welcomed by Jobs Minister Mary Mitchell O’Connor, TD.
“The workforce is rapidly changing and Irish businesses must ensure they cater for the younger generations that are currently scaling up the career ladder,” Mitchell said.
“Ricoh Ireland’s new headquarters is an excellent example of how businesses in Ireland can innovate to transform the workplace, attract and maintain talent, and maximise employee productivity and engagement.”
The new HQ will showcase the latest in Ricoh technology, with systems including interactive whiteboards, unified communications and document workflow.
“The new HQ truly is the feather in our cap, showcasing how we have used technology to pioneer the workforce of the future,” said Gary Hopwood, general manager of Ricoh Ireland.
“Our revenue stream in Ricoh Ireland continues to grow and we want to continue driving that forward. To achieve that, we needed a new office space that could facilitate a much larger workforce that will be instrumental in Ricoh Ireland’s future success.
“We expect to see significant returns on this investment for many years to come,” Hopwood said.
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Ricoh logo. Image: Denis Linine/Shutterstock