Wednesday 16 April 2014

We need to learn from Kerry Group and Glanbia– EI's Sinnamon

ENTERPRISE Ireland must focus on emulating the success of companies such as Kerry Group and Glanbia to develop global companies of scale across all sectors of Irish industry, its chief executive has said.

In an interview with the Irish Independent, recently-appointed head of the semi-state agency Julie Sinnamon also said the organisation would continue to have to do more with less after losing a "significant amount of staff". Twenty new staff are being taken on for the agency's offices in emerging, high-growth markets.

"I believe we have a very strong base of indigenous companies but most people are quite unaware of who the indigenous companies are and the impact that they have across the country," Ms Sinnamon said.

"So for me to have Irish companies recognised globally for strong products and services . . . is something which I think would be a great place to get to for Irish Industry.

"We have it in food, for example Kerry and Glanbia, you have companies of scale that have a strong position in global markets. My vision is to get global companies of scale across the other sectors of Irish industry."

Ms Sinnamon took over as chief executive of Enterprise Ireland late last year from Frank Ryan, who was in the position for a decade.

Ms Sinnamon, a native of Co Down, has worked in both Enterprise Ireland and the IDA.


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