70 Companies have invested in Ireland as a result of Brexit, says IDA Ireland

70 Companies have invested in Ireland as a result of Brexit, says IDA Ireland
Martin Shanahan, CEO of IDA Ireland

Ireland’s Foreign Investment Agency, IDA Ireland has claimed that over 5,000 jobs will be coming to Ireland as 70 companies have invested her since the Brexit referendum.

Martin Shanahan, CEO of IDA Ireland, provided the new figures today speaking at the Harvard Club in New York.

“These updated figures are another reminder of how our European Union membership and stable pro-enterprise policies are appealing to investors who are looking for certainty,” said Mr Shanahan at a conference hosted by Irish Central called ‘Understanding Brexit’.

“For US companies with ambitions to be global players, Ireland is a natural fit for their international operations.”

Dublin remains the most popular choice for financial services firms to relocate post-Brexit according to EY’s Brexit Tracker.

To date in Ireland companies that have announced investments connected to Brexit include: Barclays, Morgan Stanley, TD Securities, Wasdell, Delphi /Aptiv, Simmons & Simmons, S&P Global, Thomson Reuters, Equilend and Coinbase, according to IDA Ireland.

More on this topic

UK house prices going nowhere 'regardless of the outcome of Brexit'UK house prices going nowhere 'regardless of the outcome of Brexit'

Sinn Féin 'deliberately' caused Stormont Assembly collapse, Michéal Martin saysSinn Féin 'deliberately' caused Stormont Assembly collapse, Michéal Martin says

Boris Johnson insists UK can leave EU with deal at end of OctoberBoris Johnson insists UK can leave EU with deal at end of October

No silver tech bullet for new British leader to swerve BrexitNo silver tech bullet for new British leader to swerve Brexit

More in this Section

Volvo recalling 6,000 cars in IrelandVolvo recalling 6,000 cars in Ireland

Ted Baker shares rise amid buyout rumoursTed Baker shares rise amid buyout rumours

Premier Inn owner Whitbread returns €2.8bn to shareholdersPremier Inn owner Whitbread returns €2.8bn to shareholders

Drinks and hospitality body warns of 'recession-type' decline if Boris becomes PMDrinks and hospitality body warns of 'recession-type' decline if Boris becomes PM


Lifestyle

Pollinators are busy feasting on a tempting selection of flowering plants, says Peter Dowdall.The hedgerows are alive with the sound of insects

Carol O’Callaghan previews Cork Craft Month, when exhibitions, workshops and retail opportunitiesAn insider's guide to Cork Craft Month's exciting exhibitions, shopping opportunities and workshops

With a plethora of culture and content releasing at an incessant rate, finding someone to have that cliched watercooler moment with is getting harder and harder. However, there’s a whole host of pop culture podcasts that do the heavy lifting/watching with you.Trawling through pop culture... so you don’t have to

An exhibition in Skibbereen pays tribute to late photographer Michael Minihane, writes Richard FitzpatrickMichael Minihane has been putting West Cork in the frame for decades

More From The Irish Examiner