€15 Million Investment at The City Bin Co

Waste collection operators, The City Bin Co, has announced the creation of 35 new jobs following major investment from averda the largest private environmental solutions provider in the Middle East, Gulf Cooperation Council and North Africa. The Eur15 million partnership with The City Bin Co is averda’s first entry into Europe and will result in the roll out of a major European expansion over the coming years with Ireland as the company’s European headquarters. The large-scale deal will see averda take a majority shareholding in The City Bin Co as well as other operational investments.

Recruitment for the 35 new positions has commenced, with The City Bin Co seeking to fill a range of positions in Dublin and Galway over the coming months. These will include service delivery staff, specialist IT roles and customer service positions.

Gene Browne (pictured), chief execuitve of The City Bin Co, says: “We are delighted to announce our partnership with averda and the creation of 35 jobs – representing a 50% increase in our workforce. The City Bin Co. has ambitious growth plans for the future and prides itself on its customer centric business model. The averda deal is a welcome signal of international confidence in our model and an excellent opportunity to drive international best practice in the European waste sector.”

Posted in News, Waste Management

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