Companies

One in five multinationals warn Ireland is becoming less attractive for foreign investment

A new survey by advisory firm EY found that companies believe Ireland is losing its appeal due to its soaring cost base and increased incentives from other markets

The latest EY Europe Attractiveness Survey found that almost a fifth of foreign multinationals believe Ireland is growing less attractive.

Almost a fifth of foreign multinationals believe Ireland is growing less attractive for new investment due to the soaring cost of doing business here along with increased subsidies and incentives from other markets, a new study has found.

The latest EY Europe Attractiveness Survey, which surveyed more than 150 multinationals, found that just under 20 per cent of companies believe Ireland’s appeal as a destination for foreign investment will diminish in the next three years ...