Business Irish

Saturday 25 November 2017

We'll still be part of euro in 2013, claims Kerry chief


Peter Flanagan

Peter Flanagan

Ireland is likely to be in the euro in two years' time and businesses need to concentrate on serving their Irish customers in the meantime, the chief executive of the Kerry Group has said.

Stan McCarthy urged attendees at an Enterprise Ireland event to remember that the fundamentals of business remain even if the downturn continues.

"There are five million people in Ireland and they will need to be served regardless what happens. There will also always be a European market no matter what happens so businesses need to remain aware of that fact going forward," he said.

The Kerry boss also highlighted the reorganisation of his company under its "One Kerry" strategy as a decision that some viewed as unnecessary at the time but has proved very effective over time.


Also addressing the conference Digicel chairman Denis O'Brien called for the Government to use private sector expertise in government departments to make them more "fit for purpose" and for changes to be made to the university education system.

Mr O'Brien said certain private sector personnel should be seconded to the public sector for two years where their expertise could be harnessed.

"The private sector can play a role in the public sector reform agenda. Experienced private sector professionals should be seconded for a two-year period to the public sector to support and implement this new reform programme."

Irish Independent

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