Friday 23 February 2018

Global turnover of companies under Guaranteed Irish banner tops €25bn

Guaranteed Irish CEO Brid O’Connell
Guaranteed Irish CEO Brid O’Connell
Ellie Donnelly

Ellie Donnelly

Global turnover from companies operating under the Guaranteed Irish banner has topped €25bn.

Over 300 plus companies currently operate under the banner, with the companies directly employing close to 50,000 people in Ireland.

At a Guaranteed Irish event, which took place at the Irish Stock Exchange today, the organisation said that just under half of the companies were engaged in exporting, with the primary export markets being the UK, US, and mainland Europe.

"Through the use of the widely-recognised Guaranteed Irish symbol, in addition to PR and marketing campaigns, networking events and lobbying activities, Guaranteed Irish helps its members to expand at home and abroad," Brid O’Connell, chief executive of Guaranteed Irish, said.

Ms O’Connell went on to tell guests at the event that the organisation was calling on business leaders at home and abroad to register with Guaranteed Irish and offer support to other businesses.

The organisation also used the event to announce that March would be designated the inaugural Guaranteed Irish Month to celebrate members of Guaranteed Irish, and to showcase what the organisation said was "Ireland’s exceptional international reputation as a great place to work and do business."

Other initiatives that the organisation is running include its 'West of Ireland by Appointment' initiative, where the organisation will travel around the country meeting businesses,

"We have always been about the rural part of Ireland and we have not forgotten that," Ms O’Connell said.

Representatives from Kingspan, Dairygold and MSD were at the launch today to share their experiences of export markets, and how being Irish has added a competitive advantage to their business both at home and abroad.

Ciaran Cannon, TD, and Minister of State at the Department of Foreign Affairs, described the Guaranteed Irish brand as a "symbol of integrity, quality and trust".

Speaking at the event, Minister Cannon said that there has never been a better time to start a business in Ireland.

The Minister went on to say that avoiding a hard border, protecting the Good Friday Agreement and ensuring integrity of single market an absolute priority for the current Government.

"We will continue to make the case at EU level that Ireland requires support for certain businesses," Minister Cannon said.

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