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Fexco Announces Creation of 175 Jobs

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Fexco announced today that it is creating 175 jobs over the next three years at its headquarters in Killorglin.

The jobs will be in the areas of information and communication technology, software development and sales as part of the payment firm's expansion strategy.

Fexco was started in Killorglin in 1981 by Brian McCarthy, who saw the huge volumes of US, British and German tourists passing through the town.

He decided to leave his job as a bank manager to compete for a slice of the foreign exchange market.

Today, Fexco has operations in 29 countries, employing 2,300 people, with 1,000 of them based in Killorglin.

This expansion is supported by Enterprise Ireland, backing the company’s ability to innovate and the new staff will work on products that are only now at inception stage.

Fexco is one of the world’s longest-established financial technology companies, with its expertise in the area of foreign exchange expanding into dynamic currency conversion, multi-currency pricing and tax-free shopping.

Chief Executive Denis McCarthy said Fexco and other companies from the region represented Irish businesses on the world stage, which continued to lead and compete internationally.

"Those seeking new opportunities outside of the major cities can enjoy the benefits of our unique location including access to a variety of housing, schools and third level institutes, social amenities, state of the art transport infrastructure, significantly reduced traffic volumes and of course one of the most beautiful vistas in the world," he said.

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Killarney Innovation Centre seeking funding for major expansion

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The Killarney Innovation Centre has announced plans for a new building project to meet the growing demand from small and medium-sized enterprises (SMEs) in the region.

The not-for-profit centre, which has operated for over 25 years, aims to expand its capacity to provide workspace and growth supports for local businesses.

Plans for the expansion have been in development for two years.

However, the centre is currently facing challenges in securing the capital financing needed to begin construction.

Management noted that while the demand for space is clear, existing government supports for such infrastructure are limited and difficult to access.

“This project is about creating the conditions in which businesses can thrive and contribute to the regional economy,” said Mr Counihan, Centre Chairperson. “The demand we are seeing reflects the ambition of local enterprises, and it is essential that infrastructure keeps pace with that growth.”

Over the past two years, the board has engaged with various funding bodies and agencies to secure financial backing.

Mr Counihan expressed frustration at the current funding landscape, stating there is a “disconnect between recognised need and available supports.”

The centre is calling for a renewed focus on capital investment for enterprise hubs, highlighting that such projects deliver long-term returns through job creation and regional competitiveness.

The proposed build would allow the centre to accommodate more businesses and provide enhanced services for evolving industry needs.

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Aghadoe Heights Hotel appoints new Spa Manager

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Aghadoe Heights Hotel and Spa has announced the appointment of Lorna Jankovic as Spa Manager.

The move marks a significant step in the hotel’s continued investment in luxury wellness as it prepares to unveil new innovations at its award-winning facility.

Jankovic brings extensive experience from senior roles in luxury hotels and destination spas across Ireland and Europe.

Her career includes positions at The Shelbourne in Dublin, Corinthia Hotels International in the UK, Malta, and Portugal, as well as experience with wellness cruiseliner Steiner Transocean.
“Our aim is to offer something that feels like a true reset,” said Jankovic. “We want guests to step away from constant stimulation and reconnect through touch, presence and thoughtful care. It’s about creating space for intentional rest and holistic luxury.”

The appointment comes at a pivotal time for the spa, with several developments set to be announced in the coming months.

These include the introduction of new treatments, the expansion of bespoke therapies, and updated holistic wellness programming.

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