Firms look to France for growth

Firms look to France for growth

Munster firms are being urged to look to France and elsewhere in the eurozone for new markets.

A Cork business conference organised by Government agency Enterprise Ireland heard from experts on help in entering new markets.

After facing over three years of currency volatility triggered by the Brexit crisis, Government agencies are attempting to help companies to lessen their dependence on the British market.

Enterprise Ireland highlighted the opportunities in France, with its client firms already accounting for over €1bn in exports, the agency said.

“As the third largest European economy, it presents significant opportunities for Munster businesses to take advantage of the key industries for growth such as medical technology, financial services and agricultural technology and engineering,” the agency said.

It believes that there are a number of ‘myths’ standing in the way of Irish firms from considering growth plans in France and the rest of the eurozone.

Mike Stack, chief executive of Kerry-based manufacturer Tricel, said from the start the company sought out ways to expand and encouraged other firms to enter the French market.

More on this topic

French workers need to work until age 64 to get full pensionFrench workers need to work until age 64 to get full pension

Slawomir Sierakowski: France’s Emmanuel Macron risks political future if he becomes too ambitiousSlawomir Sierakowski: France’s Emmanuel Macron risks political future if he becomes too ambitious

France shuts down amid nationwide strike over pension reformsFrance shuts down amid nationwide strike over pension reforms

Tourists cancel travel plans as France prepares for massive transport strikeTourists cancel travel plans as France prepares for massive transport strike

More in this Section

Aer Lingus adds flight to Greek island as part of summer scheduleAer Lingus adds flight to Greek island as part of summer schedule

Business movers: Kevin Davidson appointed as the new MD of BMW Group Ireland.Business movers: Kevin Davidson appointed as the new MD of BMW Group Ireland.

Employment law expert: Returning emigrant workers will be glad to see how well their rights are protectedEmployment law expert: Returning emigrant workers will be glad to see how well their rights are protected

Saudi Aramco reaches landmark $2 trillion in second day of tradingSaudi Aramco reaches landmark $2 trillion in second day of trading


Lifestyle

Ciara McDonnell talks to four high-profile people about their festive traditions and favourite tracksHere's what has these famous faces rockin’ around the Christmas tree

More From The Irish Examiner