Ricoh Invests €6.5m in New Irish HQ

Ricoh announced the opening of its new Irish headquarters on February 23rd, following a €6.5m investment. The HQ will welcome an additional 110 team members over the next three years as Ricoh looks to grow its Irish business to 190 people by the end of 2019. The jobs and investment were announced at the official opening of the new Irish base in Airside Business Park, Swords, Co. Dublin, in the presence of Mary Mitchell O’Connor TD, Minister for Jobs, Enterprise & Innovation. Ricoh says that the new HQ, combined with the investment and jobs, will help Ricoh Ireland to almost double its revenues from last year’s €16.4m to €32m in the next three years. Ricoh Ireland’s retained earnings and growing revenue stream will fund the investment. The 4,200 square foot facility will give customers the opportunity to see a live working environment of the future, with features including interactive whiteboards, unified communications, and the latest technology in document workflow. The new HQ will continue to focus on Ricoh Ireland’s core areas of business: managed document services, communications services, production print, business process services, software solutions and professional services. “Ireland is viewed as a key area of growth for Ricoh and we will continue to make significant investments in the company’s continued success here,” says Phil Keoghan, CEO, Ricoh UK and Ireland. “Its strong portfolio of indigenous and global accounts is testament to the outstanding performance of the Irish operation.” Ricoh has been operational in Ireland since 1980. It also has a document production centre in Glasnevin, which saw a separate €250K investment in 2016.