Ukraine crisis

March 04, 2022

The latest CEO Update to Ibec membership from Danny McCoy

Dear member, 

Over the past number of days, we have watched the appalling crisis unfold in Ukraine with shock and dismay. I recognise that for many, this represents an anxious, uncertain time and I want to reiterate that Ibec is here to support however we can. 

First and foremost, Ibec is supporting the Irish Red Cross in addressing the emerging humanitarian crisis and helping those directly impacted in Ukraine. I would encourage those who can do so, to support this cause. You can find more details on the Red Cross Website and the appeal will also be highlighted on RTE’s Late Late Show tonight.

Secondly, we recognise that many employers are working with their employees to manage the distress, anxiety and uncertainty colleagues may be facing connected with the ongoing conflict in Ukraine. Ibec has developed a guidance note on how organisations can best manage these challenges (see attached below). In addition, I remind you that your Ibec KAM contact is always available to support on any additional concerns you have. 

Finally, while strongly acknowledging that there are far greater issues at stake in this crisis than those of a business or an economic nature, we understand nonetheless that many of our members will be questioning how events in Ukraine will impact their organisations and workers. Ibec, together with partners in BusinessEurope, are continuing to follow developments closely and are here to help members interpret and assess the practical implications of sanctions, supply chain disruptions and other aspects of the crisis. Attached you will find an updated briefing deck analysing the emerging and initial trade and economic impacts for Irish business of ongoing events in Ukraine.

As always, please let me know if you have any thoughts or comments on any of the above. 


Danny McCoy


Ukraine Crisis - Guidance note pdf | 246.9 kb Ukraine update - Analysis of trade and economic impacts for Irish business - 4 March 2022 pdf | 360.3 kb