Ireland primed to become European tech hub

Ireland has the capacity to become a new technology hub for central and Eastern European firms looking to access the US market, according to professional services giant, PwC.

In its latest ‘Pulse’ CEO survey, PwC found that Irish technology firms are upping their interest in central and eastern European markets, with 30% planning to target the region in the coming year, as opposed to just 19% this time last year.

It also notes that since 2004, Irish exports to the 11 EU countries in central Europe have grown by more than 300%, to €2.2bn, while exports of Irish indigenous companies to the region reached €400m last year.