Nostra open first ever office in Cork

An Irish IT services provider this week opened its first office in Cork which it said marked the culmination of a €5 million investment in Munster IT and AV services in 2024.

Nostra said its expansion incorporates teams from local Nostra acquisitions, Compunet Ireland Ltd and Spectrum AV, adding that it will also serve as a base for new talent in Cork.

The company will expand its workforce by adding 70 new roles over the next 12 months across cybersecurity, marketing, engineering, account management, and sales. This includes roles at the new Cork site, some which are currently live.

Kevin O’Loughlin, CEO and co-founder of Nostra, and an a EY Entrepreneur of the Year finalist, said: “Our new office reflects Nostra’s long-term commitment to making Cork a key hub for technology innovation and exceptional service delivery. It’s been a strong 12 months for Nostra in the region, acquiring two fantastic companies in Spectrum and Compunet and bringing their expertise into one cohesive Nostra team. We are well-positioned to meet the evolving needs of our clients across Munster and beyond, with an even more robust suite of services.”

Opened by European Commissioner Designate Michael McGrath, the new office, based in the heart of Cork’s Docklands.

Speaking at the opening, Michael McGrath, European Commissioner Designate for Democracy, Justice and the Rule of Law, said: “Irish businesses like Nostra are the backbone of our economy, creating jobs right across the country and Nostra is a stellar example of the vibrancy apparent across the Irish-owned export-focused enterprise base. I am delighted that Nostra, an Enterprise Ireland supported company which started its life with just four people back in 2006 has now grown to be an international player on the world stage working with global companies. I would like to congratulate Kevin O’Loughlin and his team for their dedication and vision and look forward to seeing the impact this investment will have on the wider Munster region.”

Speaking at the launch, 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.”

The Cork expansion is part of Nostra’s five-year plan, including growing to 1,000 employees, reaching €250 million in revenue, and supporting 200,000 users. Nostra said the company’s long-term vision also encompasses European acquisitions and eliminating malware threats for its clients, underscoring Nostra’s strategic momentum and direction.