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Internet: Google profits surge

The company, which employs more than 1,500 at its European headquarters in Dublin, said that the near five-fold increase in profits was due to strong growth in the online advertising market.

Google Ireland Ltd's turnover jumped to €7.9bn in 2009, up from €6.7bn the previous year.

The accounts just filed at the Companies Registration Office show that Google paid taxes of €18.3m in Ireland, up from €8.1m in 2008.

Earlier this year, Google revealed that it would create 200 additional jobs with the opening of a second centre in Dublin, which will primarily be concerned with mapping and location-based services.

Meanwhile, the average salary at Google Ireland increased from €64,007 to €72,207, while staff also benefited from the award of stock options and other share-based payments totalling €16.9m.


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