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A Carlow business is set to join forces with a Chinese company

KCLR96FM News & Sport by KCLR96FM News & Sport
25/09/2015
in KCLR News, News & Sport
A Carlow business is set to join forces with a Chinese company
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A Carlow based company is joining forces with a Chinese company worth billions of dollars.

MicroGen Biotech which works out of IT Carlow will be in a position in increase its Irish workforce as a result of the deal.

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The company was established 3 years ago as an Irish high potential start up spin out from the EnviroCore research group at IT Carlow which is support by enterprise Ireland.

This week on a trade mission to China Jobs Minister Richard Bruton announced that the Carlow based company is to form a joint venture with Chinas Energy Conservation and Environment Protection Group – a multi-billion dollar Chinese state-owned enterprise

The idea is that the 2 will work together to explore global opportunities in contaminated land remediation.

It will allow MicroGen to increase its workforce here in areas like research & development and marketing and product support.

Separately, MicroGen confirmed inward investment into Ireland from another Chinese company MINEGREEN that could provide up to Euro3million for the Carlow-based start-up.

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