Enterprise Ireland has announced that Irish-owned companies have exceeded their target for job creation and exports over the past three years. The agency, which supports the development of Irish businesses, had aimed for 45,000 new jobs and €30 billion in exports by 2024. However, they achieved 50,931 new jobs and exports exceeding €34 billion.
Enterprise Ireland announced that Irish-owned companies had created 15,741 new positions in 2024, bringing the total employed to 234,454, a net increase of 6,212. Enterprise Ireland, which invests and supports the development of Irish-owned companies, had targeted 45,000 new jobs over a three-year cycle to 2024 as well as an increase in exports to €30 billion. However, in announcing its results for the year on Wednesday, Mr.
Clancy, the CEO of Enterprise Ireland, said the agency had overachieved during the period, with 50,931 new jobs and exports amounting to more than €34 billion. Mr. Clancy highlighted that two-thirds of the jobs created in the three-year period were outside Dublin, and the agency supported 479 start-up businesses, an increase of over 20 percent compared to the previous three years. He said the results announced today provide a strong platform for further growth and expansion of the enterprise base in a sustainable way over the next five years.With a new government being formed in Ireland and the Trump administration coming back into power in the US, Mr. Clancy stated that the agency would continue to steer clear of politics. He emphasized that Enterprise Ireland does not get involved in policy or worry about politics, and trade is handled at a bloc level. Therefore, the European Union's 27 countries and the US will make the trade agreements they deem appropriate. Mr. Clancy believes Ireland can effectively re-emphasize its role in its relationship with the United States and other trading partners. He pointed out that, in terms of US perceptions, Irish companies have invested in rural states and communities. He underscored that Enterprise Ireland's policy is not based on politics and has not pivoted based on politics or policy, except to respond to known factors. Mr. Clancy, who is scheduled to step down in March to take on a new leadership role in the private sector, will be temporarily replaced by current executive director Kevin Sherry until a replacement is found through a recruitment process.Mr. Clancy used the example of the firm Aerogen, which simultaneously announced its plan to create approximately 725 jobs over the next 10 years, to demonstrate the potential of tapping into Ireland's talented workforce. He described Aerogen as an indigenous Irish company that the agency is very proud of and highlighted Enterprise Ireland's significant role in the company's development over its 25-year history
ENTERPRISE IRELAND IRELAND ECONOMY JOB CREATION EXPORT GROWTH START-UPS IRISH COMPANIES
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