A €15 MILLION investment in the City Bin Co has resulted in 35 new jobs, the company announced today.
The award-winning waste collection operator announced the creation of 35 new jobs following major investment from averda, the largest private environmental solutions provider in the Middle East, Gulf Cooperation Council and North Africa.
It will mean a 50 per cent increase in the City Bin Co’s workforce.
The €15 million partnership with the City Bin Co is averda’s first entry into Europe and will result in the roll-out of a major European expansion over the coming years, with Ireland as the company’s European headquarters. The large-scale deal will see averda take a majority shareholding in the City Bin Co, as well as other operational investments.
Recruitment for the 35 new positions will commence immediately, with a range of positions in Dublin and Galway available over the coming months. These will include service delivery staff, specialist IT roles and customer service positions.
Gene Browne, CEO of the City Bin Co, said:
The City Bin Co has ambitious growth plans for the future and prides itself on its customer-centric business model. The averda deal is a welcome signal of international confidence in our model and an excellent opportunity to drive international best practice in the European waste sector.
Minister for the Environment, Community and Local Government, Phil Hogan welcomed the news, saying it “is very encouraging to see a home grown company attracting international investment to Ireland”.
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