60 new jobs are to be created by two separate companies in Galway.

The announcements were made this morning.

Sahajanand Medical Technologies (SMT) is to establish its European headquarters which will have a state-of-the-art Research, Development and Innovation Centre in Galway, creating 50 jobs over five years.

The project is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland.

SMT is the largest developer and manufacturer of minimally invasive coronary stent systems in India and supplies to around 60 countries in Europe, Asia, MENA and Latin America.

SMT has received numerous awards for its breakthrough innovations and quality that have led to more thinner and flexible DES with good long term clinical results.

Meanwhile Wood Group has established a new data analytics centre of excellence at its office in Galway. The centre, which is supported by the Department of Jobs, Enterprise & Innovation through IDA Ireland, broadens Wood Group’s capabilities in advanced data analytics to support the oil & gas, industrial, utility and power generation sectors.

The Mayor of Galway City, Councillor Noel Larkin will join Wood Group’s CEO of Specialist Technical Solutions, Bob MacDonald at an event marking the official launch of the centre today.

Enhancing Wood Group’s digital solutions capabilities, a key focus of the centre will be the innovative application to the energy industry, of data analytics technologies developed and deployed across other industries.

Wood Group is looking to grow the data analytics team to ten people by year end with the intention of developing further employment opportunities next year.