PRODUCT PROFILE

Latest Dublin Prices

NAME
LATEST
CHANGE
Aer Lingus 1.68 -0.02 more
BoI 0.31 0.01 more
CRH 18.48 0.72 more
Glanbia 11.80 0.20 more
Greencore 0.64 -0.02 more
Ind. News 0.12 0.01 more
Ryanair 8.41 0.00 more

 

RECOSI set up Irish base with 200 jobs

Wednesday, September 03 12:02:00

RECOSI (Regional and European Co-Operative for Social Industry), based on the refurbishment and reuse of IT and electronic equipment, has been set up in Ireland with 200 jobs over three years promised.

Within the first three years, RECOSI and its partners hope to to roll its services out across Europe.

It will directly employ up to 20 people in its first year and its Irish partners will employ up to 180 over the next three years.

RECOSI's first Irish partner, The Green Emporium, will open its first reuse centre in September in Newbridge Co.Kildare, with the creation of 10 jobs which it hopes to increase to 30 within its first year.

Commenting on the announcement today, Martin Reddy CEO RECOSI said that "RECOSI has been set up to divert IT and electrical goods from being recycled, to being reused in a proper professional, controlled way and in this way to generate employment. Irish people divert thousands of tonnes of WEEE to be recycled every year, a percentage of which is perfectly usable and could be reused again if properly refurbished, tested and licenced. Our initial target of 5pc of all WEEE being refurbished and reused will bring over 200 jobs to Ireland in the next 3 years, and thousands of computers, TV's and white and brown goods will be refurbished and sold at a reasonable price to those in need of good value IT and electronic equipment."

RECOSI is a not-for-profit organisation that helps social enterprises operating in the area of reuse of IT, electrical and electronic equipment.

These social enterprises refurbish and resell used IT and electronic equipment which would otherwise end up as Waste Electrical and Electronic Equipment (WEEE).

Its aim is to create a commercial model linking these social enterprises with commercial bodies in the IT and electrical reuse market and to directly deliver social value, commercial revenue and environmental protection. RECOSI also wants to establish a compliance scheme for Reuse of Electronic Goods for social enterprises in Europe, working in partnership with existing WEEE compliance schemes.

Within 5 years, RECOSI hopes to become Europe's largest Electronic and Electrical Equipment Asset Recovery organisation and provider of IT and electrical equipment for social enterprises.

For the reuse and refurbishment of IT equipment such as laptops and PC's, RECOSI has signed a software licencing deal with Microsoft, through their registered refurbished scheme, to supply licences for all PC's and laptops that it sells.

For more, visit www.businessworld.ie