Tuesday August 4, 2020

Spend more on R&D, Enterprise Ireland warns firms

Brexit has already had a negative impact on 40 per cent of its exporting companies, with the figure rising to 60 per cent in the food sector, according to a survey by the state agency

31st May, 2019
2
Enterprise Ireland chief Julie Sinnamon giving details of global exports in 2018. Pic: RollingNews.ie

A survey carried out by state agency Enterprise Ireland has found that Brexit has already had a negative impact on 40 per cent of its exporting companies, with the figure rising to 60 per cent in the food sector.

The results of the survey of 2,000 firms were released along with export figures for 2018, which showed that companies backed by Enterprise Ireland recorded record export sales of €23.8 billion, up 6 per cent from 2017.

Despite Brexit uncertainty, exports to...

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