An exporter’s guide to Brazil as trade mission starts

Business and Leadership Ltd.

In light of the Enterprise Ireland Minister-led trade mission to Brazil starting today, Clear Currency provides an exporter’s guide to the market. The Brazilian economy is now sixth largest in the world and showed a solid performance during the 2008 financial crisis. Its strong and early recovery, including 2010 growth of 7.5pc, have contributed to the country’s transition from a regional to a global power. GDP growth is forecast to be 1.9pc in 2012 and 4pc in 2013. Concerns regarding global economic conditions drove the central bank to reduce interest rates to a record low of 7.5pc from 8pc to help kick-start the economy. In recent years prolonged high interest…

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MobileWebAdz Fourth Fastest Growing Tech Company in the UK

Business and Leadership Ltd.

A company set up by Kerryman Kieran O’Keefe, MobileWebAdz has been recognised by the Sunday Times Tech Track 100 as the fourth fastest growing technology company in the UK. Headquartered in London, MobileWebAdz specialises in the field of mobile internet advertising, displaying 18 billion ads a month across mobile websites in over 200 countries, positioning it within the top ten companies in the world in this sector. O’Keefe founded it originally as Smart Tech in 2002 and then focused on mobile advertising in 2005 and has since rebranded as MobileWebAdz. Its main markets include Europe, the US, South East Asia, South America and the Far East. Now employing 38 people…

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Graduates go to global markets as part of Jameson programme

Graham Ryan and Michelle O’Beirne

Some 35 graduates are to be allocated to global markets across five continents as part of this year’s Jameson Graduate Programme, the highest number since it began in 1991. The 35 graduates will have the opportunity to work as a Jameson brand ambassador for one year in an international market. For the first time, two production graduates will based in Ireland and one graduate will be based in Japan; an emerging market for the Jameson brand. The programme combines a mixture of field and office based activities and throughout the year, brand ambassadors will deal on a daily basis with local businesses across the various markets. There are currently 65…

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Kinesense in Dublin receives 620k investment

Kinesense in Dublin receives 620k investment

Kernel Capital is leading a €620,000 investment in Kinesense, which has developed CCTV video solutions which are in deployment with police forces and security agencies in Ireland, UK, Europe, Canada and North Africa. The company was founded in 2009 by Sarah Doyle and Mark Sugrue and currently employs six people in Dublin. “As the global video surveillance market continues to grow exponentially due to rising concerns for security and safety, the explosive growth in the number of CCTV cameras has meant that the volume of data produced has become almost unmanageable,” Kernel Capital said. Kinesense specialises in video content analytics (VCA) technology which enables the automatic detection of events in…

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Crospon gets further FDA clearance for its system in the US

CEO of Crospon John O’Dea

Galway-based medical device developer Crospon has received clearance from the Food and Drug Administration (FDA) in the US for the use of its EndoFLIP system in gastroenterology applications. CEO of Crospon John O’Dea said this clearance was important for Crospon as it allows it to market the EndoFLIP system in the US for gastroenterology applications for the first time. “Not only is this the company’s first cleared application for gastroenterology, but it also represents the first reimbursed application for the product.” The newly cleared Barostat software option extends the FDA cleared uses for the system beyond measurements taken during gastric band and sleeve gastrectomy bariatric surgery procedures. They now include…

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Alltech Ships Whiskey Stills from Kentucky to Ireland

A Vendome whiskey

Global animal health and nutrition company Alltech is moving its whiskey business to Ireland, the birthplace of whiskey and of the president and founder of Alltech, Dr. Pearse Lyons. The Vendome whiskey stills, used by Alltech’s Lexington Brewing Company and made in Louisville, Kentucky, were shipped over on 22 August. The whiskey will be distilled in Carlow Brewing Company in Bagenalstown, Co Carlow. Separately, Alltech ale brand Kentucky Bourbon Barrel Ale will be featured in the Irish Craft Beer Festival taking place in the RDS on the 7– 9 September. This year marks 221 years since the Whiskey Rebellion, a revolution of early Irish settlers in North America against George…

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Indigenous Irish exports doing well in Russia

Business and Leadership Ltd.

One of the most notable things about Irish exports to Russia is that indigenous companies contribute more to the total than in other export markets, according to Constantin Gurdgiev, economist and chair of the Ireland-Russia Business Association. “Focusing on goods shipments in the first quarter, it is very much apparent that a broad spread of trade categories is represented. Medical devices and pharmaceuticals make up only 12pc of total goods exports to Russia, compared to 50pc of the total going to other markets,” he says. “One-tenth of exports to Russia are of meat and meat preparation products – a significant proportion – and 8pc of the total is coffee/tea/chocolate.” He…

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Redmills makes first shipment of horse feed to China

Business and Leadership Ltd.

Based in Goresbridge, Co Killkenny, animal feed company Connolly’s Redmills has increased the export proportion of its revenue from 2pc in 2007 to 15pc last year. This family-run business, in operation since 1908, recently became the first foreign company in the world to be registered to distribute horse feed into China. Group business development director Michael Connolly says taking part in leadership development programmes run by Enterprise Ireland has helped the company to have a strong focus on strategy and significantly increase exports. His brother, managing director Joe Connolly, took part in Enterprise Ireland’s Leadership for Growth programme last year. Another brother Bill is joint managing director and there are…

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900 tonnes transported by DHL for Volvo Ocean Race

Business and Leadership Ltd.

DHL has transported 900 tonnes of equipment across land and sea for the six teams and Volvo Ocean Race organisers who will arrive soon in Galway following the nine-month race across the world. Since October 2011, the start of the race in Alicante Spain, DHL has been moving 152 TEU (twenty foot equivalent) containers by sea along with 20 airfreight containers to each stop over.  Each container contains equipment and parts ranging from small components like first aid boxes, lifejacket kits, loft hand tools and rig lifting sling sets to more sizeable goods like desks and fridges, as well as massive goods such as 100 feet-tall masts.  The inventory also…

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Nirvana achieves export success through e-commerce

Business and Leadership Ltd.

Carlow-based e-commerce company Nirvana Wholesale is doing well from an export perspective with 85pc of its customers being independent retailers in the UK. Starting from humble beginnings selling jewellery at Kilkenny market in 2003, founders Bob and Malene Devitt started selling wholesale from their website in 2008. The business moved online just before the recession hit, but right from the beginning was targeting overseas business through online advertising. Nirvana Wholesale sells wholesale fashion jewellery online to retailers in the UK and Ireland from its warehouse outside Carlow. “We sell to jewellery shops, gift shops, hair dressing salons, online sellers and party planners. All orders are processed and shipped from our newly built…

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