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Contracts in excess of €7.5m signed by Irish companies during trade mission to Poland and Czech Republic

28 Enterprise Ireland client companies participate in 4-day trade mission led by Pat Breen T.D Minister of State for Trade, Employment, Business, EU Digital Single Market and Data Protection which concludes today

 

Contracts worth over €7.5 million for Irish companies were agreed during this week’s 4-day trade mission to Poland and Czech Republic led by Minister of State Pat Breen TD.

The trade mission to Warsaw, Poland and Prague, Czech Republic from 11th -14th June 2018 included 28 Irish companies that participated in 80 one-to-one meetings with their counterparts targeting export and opportunities across the Engineering, Electronics, Software, IT for Travel and Medical Devices.

Among the announcements by Irish companies during the mission were partnerships and contracts concluded by Click&Go and PPI Adhesives in Poland, and Bookassist, PortWest, Realtime Technologies and Ventac in the Czech Republic.

In addition to signing contracts with customers in the market, Irish travel start-up Click&Go announced they are setting up their first foreign base in Warsaw, Poland and PortWest will expand its presence in the Czech Republic in co-operation with their award-winning distributor Luksik Promex, opening their first ‘shop-in’ shop in Europe this autumn.

Kingspan celebrated 20 years of its facility in Hradec Kralove in the Czech Republic, hosting a dedicated ‘innovation week’ to coincide with the trade mission.

Minister Breen participated in 12 high-level meetings with senior executives of Polish and Czech companies and a number of political discussions including; a bilateral meeting with Minister Marcin Ociepra, Undersecretary of State at the Ministry of Enterprise and Technology in Poland, and in the Czech Republic with Vladimir Bärtl, Deputy Minister of Industry and Trade; Martin Tlapa, Deputy Minister of Foreign Affairs; and Ales Chmelar, State Secretary for EU Affairs.

Speaking in Prague on the final day of the trade mission, Minister Breen said: “This has been a productive trade mission, not just for the 28 participating clients, but for the existing trading relationships between Ireland and partners in Poland and the Czech Republic. As the contracts in excess of €7.5million from this mission show, the opportunities for innovative Irish companies to increase their sales to Poland and the Czech Republic are real and tangible. Central Europe, with its high economic growth, will continue to be a key market for Irish goods and services for Enterprise Ireland clients. “Bilateral trade is growing strongly: in 2017, total trade with Poland was worth around €3.4bn and trade between Ireland and Czech Republic is now worth in the region of €1.4bn. This trade mission is an important initiative, encouraging Polish and Czech buyers to choose Irish innovative products and services as a source of advantage.  This helps to further improve Ireland’s position internationally as a source of innovation”. 

Conor Fahy, Regional Director Central & Eastern Europe, Russia and Latin America, Enterprise Ireland, who is accompanying Minister Breen on the trade mission added: “A key element of Enterprise Ireland’s strategy is to grow indigenous Irish companies on a global scale. The objective of this trade mission was to build on Ireland’s existing strong economic links with Poland and the Czech Republic - in 2016, Enterprise Ireland clients generated €235m of exports to Poland and over €82m to the Czech Republic. The visit facilitated practical relationship building for Irish companies with their current and prospective counterparts in both countries, as well as raising the profile of Ireland at the highest levels of Government and through engagement with the key media outlets”.

“Trade missions such as this, co-ordinated by Enterprise Ireland on behalf of the Government of Ireland, demonstrate how Enterprise Ireland can act as a conduit for international buyers to access Ireland’s world class goods and services. The announcements made by Irish companies during this trade mission clearly demonstrate the opportunities that exist for innovative and ambitious Irish companies across Central Europe. Enterprise Ireland is committed to working closely with our client companies as they grow their international sales and create much-needed jobs in Ireland” concluded Mr. Fahy.

Notes to the Editor: 

Photography available on request. 

ENDS

For more information contact;

Grace Labanyi, Senior Executive, Corporate Communications +353 (0)1 7272820 grace.labanyi@enterprise-ireland.com

Or Conor O’Donovan, Manager, Corporate Communications & Marketing + 353(0)1 7272912  conor.odonovan@enterprise-ireland.com

 

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