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Video produced in November 2010.
Ireland means business for the world
960 foreign companies
- employing 138,000 workers
- cutting edge
- IT hardware and
- medical devices
Home to some of the world s leading companies:
- 8 of the top 10 pharmaceutical companies
- 15 of the top 25 in medical devices
More than 50% of the world's leading financial services firms
8 of the top 10 technology companies.
In fact the total US investment into Ireland is greater than into:
- and China
More food for thought ?
- Ireland produces enough beef each year for 30 m Europeans
- In fact we re the largest exporter of beef in Europe and the fourth largest in the
- One out of five burgers served in McDonalds across Europe is Irish beef
Speaking of cows:
- Ireland exports 80% of its dairy production
- We make 15% of the world s infant formula
We re taking care of people in other ways:
- 10 of the world s top-selling prescription drugs are made in Ireland
- Ireland is a giant in medical technology
More than 24,000 people are employed by 160 medical technology companies in Ireland and 80 of these companies are INDIGENOUS.
For every 100 jobs created in life sciences manufacturing, an additional 100 jobs are created in supporting services.
6.9 bn in exports of medical devices
2nd largest exporter of medical devices in Europe after Germany
And one Sligo-based medical devices firm makes enough tubing to circle the globe.
Exports like these will lead Ireland back to growth.
In fact, Irish companies own more stock investments overseas (ODI) than foreign companies make into Ireland. ( 189.7bn v 169.3bn)
Which shouldn't really surprise you.
But here are some other things that might:
Half of the world's fleet of leased aircraft is managed from Ireland.
We employ 16,000 people in forest products, and the sector produces 1.9 bn for the economy.
Ireland is the largest provide of cross-border life insurance in the EU with 16.4bn in premiums in 2009
1.4 TRILLION euro in funds are administered from Ireland
And we re competitive:
4th for labour productivity
3rd for flexibility and adaptability of people
3rd for being open to new ideas
1st for real corporate taxes
1st for financial skills
1st for availability of skilled labour
So we re not kidding when we say Ireland means business.
You should say it too.