Cork Chamber, the voice of business in Cork, has published its latest Economic Trends, proudly supported by PTSB. Cork Chamber members shared their experiences through the most recent business quarter Q1 2024 and their outlook for Q2 2024. This quarter, Cork Chamber members also expressed their views on the provision of childcare services in Cork and the impact childcare provision has on their employees. The Q1 2024 survey found: 77% expressed confidence in the Irish economy 63% of respondents either
Cork Chamber, the voice of business in Cork, has welcomed today’s important funding announcement for the highly anticipated N/M20 Cork to Limerick route and the M28 Cork to Ringaskiddy project, but has expressed concern that more needs to be done regarding other projects. “A strong connection between Cork and Limerick is crucial for economic growth and collaboration. Today’s funding announcement for the N/M20 is an important next step that facilitates the project moving to the next stage,” said Conor
- Support of the green transition in areas such as renewables needed to propel the Cork region to further success - Cork has a real opportunity to integrate economic growth and environmental responsibility, while cementing its position as a world-leading destination of choice for global companies, said President of Cork Chamber, Ronan Murray at the 2024 Chamber Annual Dinner sponsored by AIB. “We are indeed at the very heart of our national eco-system with an offering that continues to win on the world
Cork Chamber, the voice of business in Cork, has today welcomed the official opening of the highly anticipated Dunkettle Interchange Scheme by An Tánaiste Micheál Martin T.D. “The completion of this €215 million project is a testament to the dedication and collaborative efforts of all involved. It represents a major investment in our region's future and will undoubtedly serve as a catalyst for economic growth and development,” said Conor Healy, Cork Chamber CEO. “This project not only improves
-PepsiCo Cork Marks 50 Glorious Years with Prestigious Award Win- Cork Chamber, the voice of business in Cork, is pleased to announce PepsiCo as the recipient of the prestigious Cork Company of the Year Award 2024. This esteemed accolade recognises the outstanding contributions to the region’s business community and celebrates the excellence and innovation demonstrated by PepsiCo. The award was announced along with individual category winners at the Cork Chamber Annual Dinner which brought together
Cork Chamber the voice of business in Cork has today welcomed the amendments to the Tax Debt Warehousing scheme announced by Minister for Finance, Michael McGrath T.D. Conor Healy, CEO of Cork Chamber said, “the announcement of the changes to the Tax Debt Warehousing scheme will offer some relief to the affected businesses. It has been a very challenging time for business. There are many and mounting pressures, and we have seen the cost of doing business rising across our membership." "The reduction of
Cork Chamber, the voice of business in Cork, has published its latest Economic Trends, proudly supported by PTSB. Cork Chamber members shared their experiences through the most recent business quarter Q4 2023 and their outlook for the first quarter of 2024. In response to skills availability posing a significant threat to business growth, the Q4 survey also asked about skills gaps breakdowns.The Q4 2023 survey found: 80% expressed confidence in the Irish economy 81% of respondents’ net profit either
Conor Healy, Cork Chamber CEO As we reflect on 2023, it has without doubt been a year of great progress for the business community in Cork, undeniably marked by significant advancements. However, amidst this progress, the region did not emerge unscathed from the reverberations of conflict, a reality that manifested itself prominently in 2023. In the past year Cork continued to grow in every sense and the city itself is showing real signs of transformation with ambitious and exciting new projects on the
Cork Chamber welcomes the design updates and the announcement of the preferred corridor of the highly anticipated multi-modal N/M20 Cork to Limerick project. “The advancement of this project marks a significant step towards the successful delivery of this strategic multi-modal corridor, which once completed will be a catalyst for sustainable growth in our region. This project is a sustainable travel project with 100km of segregated active travel infrastructure and transport hubs that will facilitate
Cork Chamber has recognised Pat McGrath for his outstanding contribution to business. The award was presented at the Cork Chamber Dublin Dinner where the keynote speaker was An Taoiseach, Leo Varadkar. The event, held at the Clayton Hotel Burlington Road and sponsored by EY, brought together 600 prominent figures from the political and business sectors. Mr McGrath’s exceptional role at PM Group played a significant part in his career. In the early 00’s, Mr McGrath was appointed CEO and was
The Cork Chamber Dublin Dinner held this evening celebrated the collaborative spirit between Cork and Dublin and the importance of this synergy to the success of Ireland Inc. Held in the Clayton Hotel, Burlington Road in association with EY, the keynote was delivered by An Taoiseach Leo Varadkar T.D. to more than 600 people from across Ireland’s business, political and diplomatic landscape. In his keynote address, An Taoiseach Leo Varadkar T.D. said “The Government and I strongly believe that more
Cork Chamber has today welcomed the announcement by Qualcomm Technologies that it is to invest $127 million in an expansion of its Research and Development facility in Cork city resulting in 150 new highly skilled engineering jobs. “This announcement is another chapter in Qualcomm’s ongoing success story in Cork where its operations first began in 2013 with just four employees, that figure now stands at 500. This investment will further grow their workforce with the creation of 150 highly skilled
Cork Chamber, the voice of business in Cork, together with the Cork Financial Services Forum, today hosted a national event for the financial services (FS) sector which focused the future of the FS sector and the evolving role of technologies including artificial intelligence. The event, attended by over 160 FS sector leaders from across Ireland, was addressed by keynote speaker Minister for Finance, Michael McGrath TD.Ireland is now recognised as a significant global financial centre and the
Cork Chamber, the voice of business in Cork, has welcomed today’s announcement that PepsiCo is to invest €39 million into its Little Island site. This latest investment by PepsiCo, which follows the completion of a €127 million investment at the site, will expand the company's manufacturing capacity and see the rollout of a major solar PV installation. “PepsiCo has been a long-time employer in Cork for almost 50 years and this latest investment signals the company’s commitment to Cork and focus on a
-Cork Company of the Year Awards 2024 open for entries- Cork Chamber, the voice of business in Cork, has opened the Cork Chamber Cork Company of the Year Awards 2024 for entries. For a quarter of a century, these awards have served as an exclusive platform for businesses in the region to celebrate their successes and gain recognition for their achievements. The four distinct award categories allow for businesses of all sizes and backgrounds to enter so that the true diversity of the Cork business
- Cork Chamber’s pre-budget submission highlights the need for further enterprise investment incentives and a broadening of the entrepreneur relief as well as dedicated funding to achieve climate targets - Cork Chamber, the voice of business in Cork, has called on the Government to enhance existing investment and start-up investment incentives as well as broadening the entrepreneur relief in a detailed Budget 2024 submission. Cork Chamber President Ronan Murray said, “Budget 2024 represents an
Cork Chamber, the voice of business in Cork has today welcomed the official launch of the Maritime Area Regulatory Authority (MARA). The new agency has been set up to streamline the consenting process for the maritime area, and so is central to the development of the offshore wind industry. “The launch of MARA today, along with the first proposal of a Designated Maritime Area Plan (DMAP) off the south coast, are significant milestones in the development of Ireland's maritime area and offshore
–Cork’s future as lighthouse city for FDI and indigenous investment mapped out at 204th Cork Chamber AGM– An era of exciting change ahead for Cork was conveyed at the 204th Cork Chamber AGM at the Imperial Hotel. Addressing assembled members on the evening Cork Chamber President, Ronan Murray spoke about the resilience of Cork businesses in the face of uncertainty created by war on our continent, energy prices and wider inflation. “Our members sought to embrace sustainability through energy efficiency
- Confidence in the Irish economy remains high through changing business environment - Cork Chamber, the voice of business in Cork, has published its latest Economic Trends, proudly supported by Permanent TSB. Cork Chamber members shared their experiences through the most recent business quarter Q1 2023, their outlook for the second quarter of 2023 and views on the ongoing business impact of high energy costs and skills gaps. The Q1 2023 survey found: 73% of respondents are experiencing reduced