Irish companies announce new export contracts and alliances totalling ¤17.6m on Enterprise Ireland trade mission to France – Minister Bruton
Tuesday 3rd July 2012
Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, arrives back to Ireland early this morning [Tuesday] at the end of a three-day trade mission to France on which Irish companies announced a number of significant contracts and alliances with a total value of ¤17.6m These announcements were across a range of business sectors with contract wins for companies in the agri-technology and cleantech sectors featuring strongly. This confirms the importance of these sectors as a key growth opportunity for Irish companies in the French market.
The trade mission is part of Enterprise Ireland’s ongoing intensive programme of overseas events to help Irish companies expand their presence in export markets in turn leading to job creation in Ireland. The mission was assisted by the Department of Foreign Affairs and Trade and by the Irish Embassy in Paris. Tourism Ireland, Bord Bia and IDA Ireland also participated in the mission.
Describing the trade mission as highly successful and very important in deepening Ireland’s trade and economic ties in the Eurozone, Minister Bruton said: “I am very pleased that this trade mission resulted in contracts and alliances totalling almost ¤18million for exporting Irish companies seeking to expand their activities in the French market. Two-way trade between the two countries is running at record levels and there is a clear opportunity for further substantial growth over the coming years. Central to the Government’s plan for jobs and growth is ensuring that more Irish companies are sustaining and growing jobs by breaking into export markets. The success of the dynamic companies I met on this trade mission gives me great confidence that we can continue to build on our export performance and create a strong engine of indigenous business to drive the jobs recovery we need”.
Among the announcements made during the trade mission were:
- Oldcastle, Co Meath based tractor hitch and excavator coupler manufacturer Dromone secured a ¤9.7 million contract with France’s largest exporter of agricultural products Massey Ferguson (Agco group) based in Beauvais, France.
- Tralee, Co Kerry company, Dairymaster, signed an exclusive contract with French animal reproduction and genetics company, Genes Diffusion. The initial sales will deliver ¤3 million and the collaboration will allow Dairymaster to deliver world class dairy equipment with the industry’s best fertility management system.
- Waterford based Environmental Services company FLI Group signed a significant contract worth ¤1.3m with Séché Environnoment, one of the largest waste management companies in France, for the supply, installation and maintenance of a geosynthetic membrane solution for the main waste management site at Séché Environnment in Laval (western France). A total of 8 employees from FLI International will be working on this project. Further projects are planned between Séché Environnment and FLI International both in France and in the French territories
- Global supplier of composite products and technology, Killarney Plastics, won business worth ¤1m with AJ Environnment for the installation and maintenance of micro waste water treatment systems in France.
Other significant contract and partnership announcements made during the mission include: Glennon Brothers with PBM Import; Dublin Aerospace with Europe Airpost; Interactive Services with Alstom; Samco with Cavac; LSM Engineering with Aliapur; AMCS with Coved and C&F Green Energy with Ecolia Energies.
Minister Bruton also attended the prestigious new offices of the Irish owned global professional recruitment consultancy, Morgan McKinley to celebrate its one year anniversary and continued success and development in France.
The mission also included a visit to the Lorient production facility of French group DCNS who have partnered with Irish tidal energy company, Openhydro, to install four under-sea tidal turbines for French utility EDF off the coast of Brittany in 2013, thereby becoming the first tidal farm to connect to the French national electricity grid and the largest tidal array in the world.
Frank Ryan, CEO of Enterprise Ireland added: ‘France represents a key market for Ireland and holds major potential for Irish companies to deepen their presence and increase export sales. Ministerial led missions to strategically important markets and trading partners such as France are a key part of Enterprise Ireland’s strategy to further scale our bilateral trade and exports to established markets. There are excellent growth opportunities for innovation-led, export focused Irish firms in the French market and Enterprise Ireland is on hand to help those companies build on these opportunities’.
For further information contact:
Eileen Banks, Press Officer, Enterprise Ireland, +353 1 7272805; +353 87 2445814; email@example.com.
Conor Quinn, Press Advisor to Minister Bruton, Tel: + 353 1 631 2200.
Note for Editors:
France is the fifth largest economy in the world. Its industrial sector represents around 19% of GDP and its strongest manufacturing sectors are motor vehicles, pharmaceuticals, transport equipment and aerospace (civil and military). Manufacturing accounts for around three-quarters of total exports of goods and services. Agriculture’s share of economic activity has fallen sharply in recent decades, although it remains higher than many other western countries at 2.1% of GDP. Reducing oil dependence has been a long term priority; to that end France is now second largest producer of nuclear generated power in the world. France is Ireland’s 5th largest market for merchandise and 4th largest market for services. Ireland exported ¤4492m worth of goods in 2010 and ¤5109m worth of services bringing the total value of Irish exports to France to ¤9591m. The balance of trade, structurally positive, is almost 2:1 in Ireland’s favour. The total amount of bilateral trade in 2010 was ¤14.8 bn (9591m + 5196m). Major exports to France include pharmaceuticals, food and computer software. Notwithstanding the economic challenges facing the Eurozone and France’s reduced growth projections, more and more Irish companies are seeking to do business in France.
About Enterprise Ireland and the trade mission
The intensive schedule also included two industry seminars – on the themes of sustainable agriculture and energy efficiency in buildings - involving influential decision makers and political figureheads from the Brittany and Paris regions. A forum for all Irish companies with a presence in France was organised in conjunction with Franco-Irish business networking group, Network Irlande, attended, amongst others by the deputy Mayor of Paris, Mr Christian Sautter. In addition, Minister Bruton officiated at two trade networking events in Rennes and in Paris for Irish and French companies from multi-sectoral disciplines.
Enterprise Ireland is the Government agency responsible for the development and internationalisation of Irish enterprises. Its main aim is to boost exports and export-led jobs. Enterprise Ireland has 31 offices worldwide to help Irish firms develop overseas markets. In France, the office is based in Paris. Fifty three Irish companies participated in the trade mission, drawn from a range of sectors including agri-technologies, cleantech, construction, engineering, internationally traded services, healthcare and aviation. Enterprise Ireland is working with them to strengthen their business links in France, develop strategic partnerships and win new business contracts. The trade mission included three days in the Brittany region and in Paris. Each year, Enterprise Ireland, with cooperation from the Department of Foreign Affairs and Trade and Irish Embassies and Missions abroad, organises a series of targeted international trade missions, market visits, participation in international trade fairs and a large number of international buyer visits to Ireland focussed on assisting Irish firms to secure international contracts and overseas partners. Enterprise Ireland works with Irish firms to help them start up, develop their businesses, build competitiveness and innovate.
Last modified: 03/07/2012