Business Irish

Wednesday 22 November 2017

IDA created over 13,367 jobs in 2013, boss Barry O'Leary to step down

Net increase when job losses taken into account was 7,071

Barry O'Leary,CEO of the IDA
Barry O'Leary,CEO of the IDA

TOTAL employment at IDA supported companies stands at more than 161,112, the highest level in the history of the agency, it said today.

And chief executive Barry O'Leary said he will step down as chief executive.

At its end of year review, the body said 13,367 new jobs were created by IDA backed companies last year.

When job losses are taken into account, the net increase in employment was 7,071, the IDA said in a statement.

It said it was the highest level of job creation in over a decade.

Mr O 'Leary, who is stepping down as head of the IDA, said Ireland was entering 2014 in a far stronger position than in recent years.

"These will be my final set of results as chief executive of IDA as I intend to pursue other opportunities outside the organisation as soon as my successor is in place," he said.

"I wish to thank everyone, inside and outside the organisation, for their kind support during my time in the most fulfilling and stimulating of roles."

Jobs Minister Richard Bruton said the results show 2013 was a record year for foreign direct investment.

"This is the third year in a row that jobs growth has exceeded previous records," he said.

Colm Kelpie

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