Focus on Enterprise Ireland’s International Markets Week as export opportunities grow

22nd September 2014

Record exports continue to grow -2013 saw the best performance in over a decade in export growth by Enterprise Ireland client companies

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD today (Monday 22nd September 2014) opened International Markets Week in Dublin. International Markets Week is Enterprise Ireland’s single largest client event involving over 600 Irish companies, all focused on breaking into international export markets.  It is a significant part of Enterprise Ireland’s strategy to drive Irish exports to support business growth and create new jobs in Ireland.

L-R: Julie Sinnamon, CEO Enterprise Ireland, Marie-Claire Hoey, Enterprise Ireland New York, Terence O'Rourke, Chairman, Enterprise Ireland, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, and Anne Dermody from Handy Baby Products

L-R: Julie Sinnamon, CEO Enterprise Ireland, Marie-Claire Hoey, Enterprise Ireland New York, Terence O'Rourke, Chairman, Enterprise Ireland, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, and Anne Dermody from Handy Baby Products.


International Markets Week is a practical initiative which gives Irish companies the opportunity to discuss and explore their international growth strategies with Enterprise Ireland’s team of overseas market specialists.  Almost 2000 meetings are planned over the four days with the objective of helping Irish companies break into new export markets, or expand their sales in existing markets. The range of client companies participating covers all sectors and includes companies with extensive overseas operations as well as small enterprises exporting for the first time.

Opening the event Minister Bruton said: “At the heart of our plans for jobs and growth is supporting a powerful engine of Irish exporting business. Enterprise Ireland does excellent work in providing supports to ambitious, innovative Irish companies seeking to sell goods and services abroad, and in the past two years the companies they support have grown their jobs by over 8,000. International Markets Week is an important part of their strategy. It provides a great opportunity for Irish companies operating all around the world to meet experts and advisers who can assist them in growing their exports. Over the course of almost 2000 meetings this week, real progress will be made in enabling Irish businesses to expand their sales overseas and create more jobs in Ireland”.

Irish companies achieved a record €17.1billion in export sales, representing an 8% increase on 2012 and created 18,033 new jobs in 2013. This confirms a net increase of 5,442 in the number of people employed which is the largest net increase in a decade and underscores the impact of strong export growth in new and existing markets across the globe, on new job creation here in Ireland.  These strong results confirm the major impact that Enterprise Ireland client companies have across the wider economy.

To coincide with International Markets Week, Enterprise Ireland conducted a survey of participating clients. The survey results show that almost 90% believe they will increase their exports in 2014, 84% say they will increase their employment in 2014, and 93% are optimistic on the prospects for the world’s economic trading environment. 

Kevin Sherry, Enterprise Ireland’s Head of International Sales and Partnering said: ‘Companies taking part in International Markets Week achieved record export sales in 2013 and we are confident that they will secure significant further export growth this year – sustaining and creating jobs in Ireland. The recent opening of three new Enterprise Ireland offices in Austin, Texas; Istanbul, Turkey; and Abu Dhabi, in the UAE is already assisting to increase the scale of Irish exports, supporting companies as they seek to win more export sales’.

By the end of 2013, companies supported by Enterprise Ireland were employing and sustaining well over 300,000 jobs (direct and indirect) in Ireland.

These companies are contributing hugely to the performance of the Irish economy.  Driving continuous innovation and export growth leading to job creation right across the country will continue to be the major focus for Enterprise Ireland over the coming years.  As an agency, we are completely committed to working with our client companies to realise their ambitions.

ENDS

For Further information contact:

Press Office, Enterprise Ireland or

Press Office, Department of Jobs, Enterprise and Innovation, 01-6312200, press.office@djei.ie

Photos available on request


Notes to Editors 

  • Over the past three years the number of Ministerial-led trade missions has more than doubled over the level prior to 2011.
  • Over 1,000 client companies taking part in 18 minister-led trade missions and a further 67 international events in major target markets in North America, Europe, Asia, the Middle East and Latin America.
  • Enterprise Ireland brought over 1,100 targeted international buyers to Ireland in 2013 to meet client companies here to progress business alliances and new contracts
  • Enterprise Ireland opened new offices in Istanbul, Turkey; Austin, Texas USA; and Abu Dhabi, UAE, expanding its overseas network to 32 international offices to assist Irish companies.

In addition to meeting with overseas offices, clients attending International Markets Week may also avail of the opportunity to meet with Enterprise Ireland’s:

  • Internet Marketing Department to advise clients on developing and improving their online marketing.
  • Public Procurement Department to assist clients win business in public procurement in Ireland and with international agencies such as the UN.
  • Market Research Centre will provide clients with competitive intelligence on specific markets and industry sectors.
  • Client Management Development Department to advise clients on Enterprise Ireland’s programme to develop their selling and export marketing skills
  • Internationalisation funding supports available to clients to identify and research export market opportunities.

 

International Markets Week 2014 in Numbers 

  • Over 600 - The number of participating Irish companies exploring new market opportunities during International Markets Week.
  • 1900 - The number of individual company meetings organised between Irish companies and an Enterprise Ireland country expert.
  • €17.1b - The value of export sales secured by Enterprise Ireland client companies in 2013.
  • 45 - The number of international markets covered by Enterprise Ireland country experts that client companies will consider for exporting to this week.