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Martin Shanahan

business

Michael Lohan named new CEO of IDA Ireland

Lohan succeeds Martin Shanahan, the organisation’s long-serving boss who stepped down last year
  • Paul O'Donoghue
  • 11:00
Companies

Martin Shanahan announced as incoming Head of Industry and FDI at Grant Thornton Ireland

The outgoing chief executive of IDA Ireland has been appointed as a partner in the financial services firm and will lead Grant Thornton’s industry and foreign direct investment (FDI) activities from 2023
  • Lorcan Allen
  • October 25, 2022
Companies

Financial services firm says 300 new jobs in Donegal ‘just first step’

Fintru chief executive Darragh McCarthy says the company has ambitious expansion plans for the region as it sets up a European delivery centre in Letterkenny
  • Lorcan Allen
  • July 16, 2022
Companies

IDA boss says data centre moratorium weakens Ireland as a European tech hub

Martin Shanahan has warned that the current ban on new data centre facilities in the Dublin area could prompt global tech firms to retreat from this country
  • Lorcan Allen
  • July 9, 2022
The Exit Interview

‘We’ve really focused on the regions, and I think that has borne fruit’ – Martin Shanahan, IDA chief

Under Martin Shanahan’s stewardship, the IDA has overseen a 54 per cent increase in the number of multinational companies with a presence in this country, while the value of their annual exports has more than doubled to €294.1 billion
  • Lorcan Allen
  • July 9, 2022
The Last Post

Matt Cooper: JP McManus’s relationship with Limerick is not a taxing affair

Despite the tycoon’s Robin Hood status in his native region, the truth is that his decision to be a tax resident in Switzerland deprives this country of huge amounts of money
  • Matt Cooper
  • July 9, 2022
IDA

Shanahan to step down as chief executive of IDA next year

Inward investment agency to commence an international search for a new CEO
  • Lorcan Allen
  • July 6, 2022

Martin Shanahan interview: ‘I think we’ve learned how to win investments in a virtual world’

Martin Shanahan, head of the IDA, has generated impressive results for foreign direct investment in Ireland this year in spite of the pandemic. In this wide-ranging interview, he says the next three to six months look ‘reasonably positive’, but structural challenges such as planning remain a concern
  • Lorcan Allen
  • December 26, 2021

Eirgrid U-turn on data centres after IDA chief intervenes

Martin Shanahan contacted Eirgrid chief after revelations in Business Post last week. Grid operator will now assess Dublin applications on ‘case-by-case basis’
  • Lorcan Allen
  • December 26, 2021

Record level of employment by multinationals - IDA Ireland

The percentage growth rate in employment is 7% year-on-year
  • Lorcan Allen
  • December 20, 2021

Energy shortages now threaten inward investment, IDA warns

State agency claims that the capacity constraints that currently exist on Ireland’s energy grid are of ‘grave concern’ for future industrial development
  • Lorcan Allen
  • July 18, 2021

‘Perfectly legitimate’ for Ireland to take issue with global tax agreement, IDA chief says

Martin Shanahan made the comments as his agency reported strong foreign direct investment (FDI) flows into Ireland in the first half of this year.
  • Lorcan Allen
  • July 12, 2021

Power hungry: how Ireland’s energy crisis could restrict foreign direct investment

Experts say an unprecedented rise in demand for electricity coupled with the growing needs of data centres raise the likelihood of power shortages and risk making Ireland less attractive as a destination for multinational firms
  • Lorcan Allen
  • June 6, 2021

The Last Post: All to play for at Celtic as Desmond considers taking gamble on Keane

Dermot Desmond has always liked to go his own way in decision making, and fireworks are near-guaranteed if he appoints Roy Keane as the next manager of Celtic
  • Matt Cooper
  • March 28, 2021

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