Exporting
Julie Sinnamon, Enterprise Ireland
Julie Sinnamon, Enterprise Ireland The coming year will see continued growth in export markets, writes Enterprise Ireland CEO Julie Sinnamon. During the closing months of 2014, barely a week went by without a significant new jobs announcement being made by an Irish company. These jobs are being created right across the board, from young, ambitious, innovative start-ups to developed companies with strong brands and Irish MNCs that already have a well-established foothold in international markets. Irish companies are really on the move, and the one thing they all have in common is that this growth and job creation are built on the back of very strong growth in key export…
Read MoreThe US strong for Carbery Group and Dubliner cheese
Carbery Group’s flagship cheese brand Dubliner continues to grow in export markets, particularly in the US, according to its 2011 results statement, out today. Based in Co Cork, Carbery has been making cheeses for nearly 40 years. The temperate environment of this area ensures a long grass-growing season to produce high quality milk. Carbery invests heavily in product development and manufacturing technology. It now produces over 20 market-leading cheeses for retail, food manufacturers/industrial applications and the food service sector. In addition to Dubliner, it supplies a variety of own-label cheeses. Revenues for the overall group went up by 14.5pc to €256.5m and profit before tax (PBT) increased by 27.8pc to…
Read MoreWorld’s first national DNA database for pigs to be used by SuperValu
SuperValu is to become the first retailer in Ireland to use the world’s first national DNA database for pigs, which will allow it to provide a guarantee to consumers that all of its bacon is Irish. Recognising potential weaknesses in paper based traceability systems discovered after the pigmeat dioxin crisis, the Irish Farmers Association (IFA) partnered with IdentiGen in Ireland to build the DNA TraceBack system for boars. All Irish breeding boars are DNA tagged, which is then used to generate a DNA-ID, a unique code which identifies the animal, its offspring and subsequently all produce from these animals. The programme now forms part of the Bord Bia quality assurance programme , and both Bord…
Read MoreMore than €25m in new business announced in first three days of Gulf trade mission
Nine Irish companies have announced new contracts and business developments worth more than €25m during the first three days of this week’s trade mission to the Gulf. The Enterprise Ireland mission, which concludes tomorrow, is being led by Taoiseach Enda Kenny and Minister for Jobs, Enterprise and Innovation, Richard Bruton . The contracts were secured on the Saudi Arabia and Qatar legs of the five-day mission, which now moves on to the United Arab Emirates for the final two days. The new deals announced include Jones Engineering contract worth more than €15m with a major multinational fast-moving consumer goods brand and Escher Group’s deal with Saudi Post to extend their licence agreement…
Read MoreNew Glanbia facility to create 76 direct jobs
Glanbia Ingredients Ireland Ltd (GIIL) said today that it is developing a new dairy facility in Belview on the Kilkenny/Waterford border that will create 76 direct and 1,600 indirect jobs and contribute around €400m each year to the economy. The Department of Jobs, Enterprise and Innovation is part-funding the facility’s development through Enterprise Ireland.GIIL processes 1.6 billion litres of milk or 30pc of Ireland’s milk pool into a range of dairy ingredients for export to more than 50 countries. All produce from the new facility will be for export markets. Construction is set to begin on 17 May and the new facility is expected to begin production in spring 2015.…
Read MoreIrish exports to Canada could double to €2.4bn thanks to EU agreement
Irish exports to Canada could double from to an estimated €2.4bn under a new trade agreement signed late last year between the EU and Canada, a seminar heard today.
Read MoreEU-Asia free trade agreements – the current state of play
EU-Asia free trade agreements – the current state of play Minister for Jobs, Enterprise and Innovation Richard Bruton TD outlines the current state of play regarding free trade agreements between the EU and Asia and what this means for Ireland. IT is widely expected that by next year over 90pc of future global economic growth will take place outside Europe. Much of this will be propelled by dynamic economies in Asia. In that region China alone could account for a third of this economic expansion. China is often seen as the regional powerhouse because of its size, economic growth and its potential as economic transformation continues apace. And we have worked hard…
Read MoreCarTrawler to Acquire Finnish Tech Firm Cabforce
Dublin headquartered travel-technology platform CarTrawler is acquiring Finnish technology and services company Cabforce, which is a provider of taxi booking solutions, for an undisclosed amount. With a unified service at over 200 locations in 54 countries Cabforce is “the industry benchmark”, powering millions of business trips each year, according to CarTrawler. “CarTrawler already has the most comprehensive range of car rental available online,” said CarTrawler CEO Mike McGearty. “Now with the addition of Cabforce content and specialist expertise to our existing portfolio of ground transportation products, we will significantly enhance the level of service, product range and availability for customers.” “This acquisition will strengthen CarTrawler as a world leading ground…
Read MoreNew initiative launched to support budding food entrepreneurs
Food entrepreneurs and those who feel they could create and run a successful export-orientated food business will be interested in ‘Food Works’, a new comprehensive training and development programme launched today. Bord Bia , Enterprise Ireland and Teagasc have combined resources to design an in-depth process aimed at finding and fostering global food entrepreneurs. Successful participants will be given a range of practical business supports required to develop an initial concept into a winning food product with international appeal. The available supports will include consumer market research, business plan development, technical advice, commercial viability testing in addition to access to incubation units, research and development (R&D) facilities and possible investors. Speaking at…
Read MoreBord Bia Programme Builds Irish Food and Drink’s Green Cred
Bord Bia has this morning launched a national programme designed to help Ireland become a world leader in sustainably produced food and drink.
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