Generali's European HQ for Navan

In a week when a lot of focus has centred on Quinn Insurance, another firm in Navan, Generali PanEurope has announced it will create 30 new jobs and hopes to boost the group's Irish workforce by up to 50 per cent in future months. They will also acquire a new business site from IDA Ireland in the Navan Business Park to accommodate Generali PanEurope's Headquarters and Generali International's Irish base. Generali PanEurope has been operating in Navan since 1999 and is also due to expand its European variable annuity business, which is based at Smithfield in Dublin. This means a number of additional roles will be created at the city centre operation. Meath West TD, Minister Noel Dempsey, welcomed the announcement, saying it is a great boost for Navan and for the entire county. "The fact that the jobs will be in Navan and the headquarters will be in Co. Meath, means it's good news "on the double" for the county and the country on a whole," he stated. Construction on this project will begin in August and is expected to be completed in 12 months.