IT service firm Nostra opens new Cork office adding 70 jobs

Company acquired Compunet and Spectrum AV in 2023
IT service firm Nostra opens new Cork office adding 70 jobs

Director, Office, At Investment And The The Denis €5m Nostra Kevin Signifying Managed Opening Munster Tony Services Co New Ryan, Celebrate Region Head O'loughlin In It Av Ceo The Culmination Cork Nostra's Of   Founder Of Of Healy, In And 2024 A

IT services provider Nostra opened its first office in the Cork Docklands today with plans to add 70 jobs.

The Dublin-headquartered firm acquired Cork companies Compunet and Spectrum AV last year as it expanded its operations.

Nostra's five-year plan to 2028 is to grow to a workforce of 1,000 reaching €250m in revenue and supporting 200,000 users. The company is also planning European acquisitions.

Nostra said its Cork office, opened by EU Commissioner Designate Michael McGrath, in the heart of Cork’s Docklands, places it at the centre of the €125m regeneration project in the city's south docks to build out its offerings to the enterprise and SME sectors.

"Our new office reflects Nostra’s long-term commitment to making Cork a key hub for technology innovation and exceptional service delivery," 

Kevin O’Loughlin, CEO and co-founder of Nostra said it’s been a strong 12 months for Nostra in the region acquiring Spectrum and Compunet. "We are well-positioned to meet the evolving needs of our clients across Munster and beyond, with an even more robust suite of services," he said.

"The backing of Enterprise Ireland and the presence of Commissioner Designate McGrath at our opening reflect the importance of this expansion to the Irish tech sector, and we are excited to continue our journey of growth and excellence from this new base."

Kevin Sherry, Executive Director, Enterprise Ireland, said Nostra’s expansion into Cork is a key development for the local tech ecosystem. "Not only does it create jobs, but it also enhances the region’s capacity to deliver world-class IT and AV solutions. Enterprise Ireland looks forward to continuing to support Nostra’s growth ambitions as they expand their global footprint, strengthening their customer base internationally and continuing to create high quality jobs here in Cork and across the country.”

A collection of the latest business articles and business analysis from Cork.

More in this section

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

Limited © Examiner Group Echo