700 exporting companies to hold more than 2300 meetings with experts as part of drive to grow exports and create jobs – Minister Bruton

Enterprise Ireland Confidence Survey shows Irish Exporters Overwhelmingly Positive about Export Prospects for 2012/2013

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD today (Monday 17th September 2012) opened International Markets Week, Enterprise Ireland's single largest client event and a significant part of Enterprise Ireland's strategy to drive Irish exports to support business growth and jobs in Ireland.

During the course of the week, 700 companies will have more than 2,300 meetings with export advisers to discuss their international growth strategies and help them break into export markets.

The event gives Irish companies the opportunity to discuss and explore their international growth strategies with Enterprise Ireland's team of overseas market advisers and agree specific actions which Enterprise Ireland will undertake on their behalf in international markets.

Speaking at the event in the RDS Minister Bruton said: "Central to the Government's Action Plan for Jobs is ensuring greater access for Irish companies to real opportunities to break into new markets, grow their exports and create much needed jobs for this economy. In 2011 jobs in exporting companies started to grow again for the first time after three years of contraction, and the Government is determined to build on this in 2012 by improving supports like the establishment of a new Potential Exporters Division in Enterprise Ireland.

"International Markets Week forms part of this strategy, by providing support in a very practical way through meetings for over 700 companies with Enterprise Ireland's overseas markets experts. My hope is that the companies in this room today will play a real part in Ireland's economic recovery by succeeding in export markets, growing their companies and creating the jobs we need".

So far this year, Enterprise Ireland has arranged for over 560 international buyers to travel to Ireland to meet Irish companies. In addition to assisting Irish companies win new business with existing customers, Enterprise Ireland has, in the year to date, assisted Irish companies in winning over 510 significant brand new customers across 46 countries.

To coincide with International Markets Week, Enterprise Ireland has launched its client survey of Irish exporting companies which shows that almost 90% believe that they will increase their exports in 2012. Significantly, over 75% say they will increase their employment over 2012.

The survey also showed companies are confident for 2013 with almost all confirming their optimism for their company achieving export growth into 2013.

Enterprise Ireland's Head of International Sales and Partnering Kevin Sherry said:

"Ireland's economic prospects are closely tied with Irish exporting success. The confidence and determination of these ambitious Irish companies is a source of significant optimism. Companies taking part in International Markets Week this year clearly believe they will secure export growth which underpins and stimulates job creation in Ireland. Enterprise Ireland is actively seeking opportunities for Irish companies in international markets, and is providing these companies with in-depth one-to-one support as well supporting them with an extensive programme of international trade missions and in-market initiatives."


International Markets Week 2012 in Numbers

  • 700 - the number of participating Irish companies exploring new market opportunities during International Markets Week.
  • 60 - the number of international markets covered by Enterprise Ireland country experts that client companies will consider for exporting to this week.
  • 2,300 - the number of individual company meetings organised between Irish companies and an Enterprise Ireland country expert.
  • €2.14bn - the value of new export sales secured by Enterprise Ireland client companies in 2011.

ENDS

For further information contact:

Paula Chase
Press Officer
Enterprise Ireland
Tel. 087-997 4207

Notes to Editor

Survey Results are based on a questionnaire distributed to 665 Enterprise Ireland client companies who will attend International Markets Week 2012. The response rate was 100%.

Recent Enterprise Ireland client company success stories:

  • Killarney: Monex, the global leader in multi-currency credit card processing, has secured a contract with SIBS, one of the largest payment processors in Europe, to delivery a dynamic currency conversion service to SIBS clients in Portugal.
  • Galway: Iron Images, manufacturers of high-spec windows and doors for the penitentiary market, has secured a contract worth €3m from the Belgian Government, resulting in 15 new high-skilled jobs being created within the company.
  • Dublin: TERMINALFOUR, the number one provider of web content management solutions to the Irish Government and public sector, has secured an initial contract worth $100k with St. Mary's University, Nova Scotia.
  • Kilkenny: Gaeltec Utilities, specialists in systems for overhead power transmission and distribution in the renewable energy sector, has secured a multi-million pound sterling order with a major Scottish electricity company.
  • Dublin: Cylon Controls, a smart energy company which develops building and software products, has secured a deal with a Chinese company to provide climate control systems for a major office, hotel and retail development in Beijing.

About Enterprise Ireland
Enterprise Ireland is the Irish state agency responsible for developing and promoting Irish enterprise. Enterprise Ireland aims to drive the international sales of Irish companies to support economic growth and job creation in Ireland.  The ultimate objective is increased exports, employment and prosperity in Ireland.

Enterprise Ireland has access to more than 60 countries through its 28 offices around the world and can support companies to increase sales in global markets through:

  • Finding potential customers and partners
  • Generating sales leads
  • Ministerial-led Trade Missions
  • Organising face-to-face meetings with buyers
  • Tracking competitors
  • Setting up distribution channels
  • Developing companies' export marketing strategy
  • Helping clients establish a market presence
  • Advising on promotional efforts
  • Sourcing translation and interpretation services
  • Initiating joint venture and technology transfer partnerships