Tag Archives: multinationals

THE move to Level 5 restrictions has seen the domestic economy slump further, with many locally owned businesses having to close their doors again. While many people have been left out of work, at least temporarily, there is a more positive dimension to the local employment situation, with a number of multinational companies in Clare and the wider region trying to find new staff. This week saw an announcement by US company exida that it will create 25 new jobs in Shannon , while Joe Robbins of Careerwise Recruitment said the Pharma/Life Sciences/ Medical Devices sector is booming in the mid-west. “If you consider so many companies are working on a vaccine, they’ve continued to hire, and a lot of them are growing. They’re hiring from a small pool of people, and if you’re a quality engineer or a manufacturing engineer, or a chemist or a scientist, you’ve a lot of choice. I’m talking about the mid-west but in Cork …

CONCERN has been raised by the Chairperson of the Covid-19 Committee that restrictions associated with the coronavirus have disproportionately impacted on small business and driven economic activity “into the hands of multinationals”. Deputy Michael McNamara made his remarks this week as the committee heard from representatives of the business sector. The Scariff-based deputy handed over the chairperson’s role to Deputy Mary Butler, in order to question witnesses Danny McCoy of IBEC and Neil McDonnell of ISME. He noted that a concerning trend during lockdown had been a boost in business for multinationals at the expense of small business. “One of the most worrying economic or financial aspects of the restrictions was the extent to which all economic activity was driven into the hands of multinationals, many of which are headquartered outside of Ireland and pay their taxes elsewhere,” he told the committee. “Farmers’ markets, for example, were inexplicably shut down and people had to go to supermarkets, all of which …

THE number of people working in Enterprise Ireland (EI) client companies in Clare rocketed last year, according to figures presented to the Dáil by Minister for Jobs, Enterprise and Innovation, Richard Bruton. There were 1,580 people in full-time jobs in Enterprise Ireland’s Clare-based client companies in 2012, which jumped by 921 to 2,501 last year. In addition, the number of people working in non full-time roles in EI client companies increased substantially, from 194 to 365. Indeed, the number of client companies in the Banner increased by just over a quarter, from 120 to 151. Separately, there is speculation that one Clare-based multinational could announce the creation of several hundred jobs in the early part of next year. If this comes to pass, it would be by far the biggest employment boost seen in the county for years. Enterprise Ireland is the State organisation responsible for supporting the development of Irish enterprises that are involved in exporting. To put EI’s …