ChamberLink Issue 4 - A Wholesale Success

ChamberLink ISSUE 04 2024

A wholesale success Jim Barry, recipient of the Outstanding Contribution to Business Award 2024

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ChamberLink Welcome

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As we reflect on a busy closing quarter for Cork’s business community, it is evident that collaboration, innovation, and It is wit resilience remain the cornerstones of our shared progress. These themes took centre stage at our recent Cork Chamber Dublin Dinner, where the vital contributions of our region were celebrated, and its impact was recognised. Among the evening’s highlights was the honouring of Jim Barry, MD of Barry Group, whose exceptional leadership earned him the Outstanding Contribution to Business Award 2024, a testament to the enduring power of innovation and determination.

Building the talent pipeline in Cork’s financial services sector

This edition of ChamberLink encapsulates the milestones that define this spirit, from forging international partnerships to advancing sustainability and innovation across sectors. In a year marked by pivotal elections, we also turn our focus to the general election, offering insights into what the business community can anticipate as we look ahead to the formation of a new government.

Our recent participation in both the delegation to Brussels and to China, where we engaged in discussions to advance ties, to foster partnerships and to advocate for Cork’s vision are examples of how we amplify the voice of our members on a global stage. Whether advancing AI applications or expanding connectivity to new markets, Cork is increasingly recognised as a hub of opportunity and growth.

Sustainability remains at the core of our strategy. Through initiatives such as the WorkAbility Inclusive Pathways to Employment Programme and our commitment to lifelong learning, we are building an inclusive and skilled workforce prepared for the challenges of tomorrow. Likewise, our participation in renewable energy and circular economy projects

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reflects our determination to align business practices with global environmental goals.

Our strength lies in our diversity, of industries, ideas, and individuals.

This diversity enriches our business landscape and helps to position Cork as a leader in embracing change and cultivating innovation. The stories in this issue showcase the exceptional talent and vision of our members, from award-winning entrepreneurs to businesses pioneering new technologies and fostering global connections.

As we look to the future, we do so with optimism and determination.

The challenges ahead are matched by the opportunities to shape a prosperous, sustainable, and inclusive economy. Together, we will continue to harness the collective power of our members to ensure Cork remains a beacon of excellence.

Thank you for your commitment to Cork Chamber and the community it serves. Your engagement and innovation inspire us to aim higher every day. We wish you, your colleagues and families a safe and happy Christmas and New Year.

Conor

Conor Healy CEO, Cork Chamber T: +353 (0)87 9471858 E: conor@corkchamber.ie Fitzgerald House, Summerhill North, Cork, T23 TD90

Shaping a legacy

In this issue 4

Connectivity a top priority

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Ireland’s next steps: a transformative vision for Cork’s future

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Building inclusive pathways to employment

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Championing lifelong learning

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Next Generation Leaders: Importance of attitude in leadership

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Building the talent pipeline in Cork’s financial services sector

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Cork as a bridge to China

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Strenthening economic ties: Indiana delegation visits Cork

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Cork businesses powering up a greener future

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A wholesale success

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Shaping a legacy

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Network boosts the potential of European SMEs

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Access to finance

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Moving the dial on circularity

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Upcoming Events

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Past Events

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Cork Digital Marketing Awards 2024

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New Members Corner

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Members News

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Recent Announcements

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Chamberlink is published by Cork Chamber and is a quarterly publication exclusive to members. The opinions expressed in Chamberlink are not necessarily those of Cork Chamber / Chamberlink main sponsor, neither do they accept any responsibility or liability for any legal implications arising there from. Registered in Ireland no. 13918

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PUBLIC AFFAIRS

Connectivity a top priority International connectivity is a key enabler of economic growth in any region, and Cork is no exception.

Cork Chamber, in cooperation with Cork Airport, conducted the Cork Business Travel Survey to examine current trends and future connectivity priorities among business travellers.

A large majority of respondents - 84% - stated that direct connectivity into Cork was crucial for their business.

Cork enjoys good connectivity with many key business destinations at present, particularly in terms of European hubs, and growing connectivity with key European cities emerged as a top priority for respondents.

London is the current preferred destination for business travellers from Cork, cited by 40% of respondents as their top destination, closely followed by Amsterdam, Paris, Zurich and Manchester. From a business perspective, survey respondents indicated that growing connectivity to other major European cities is a top priority, with 25% citing a European capital as a priority for future connectivity. Geneva emerged as a particularly sought-after destination for those using Cork Airport for business travel.

The appeal of US connectivity remains strong among Cork businesses, with New York cited by 48% of respondents as their preferred future US destination. Cities across the US

were mentioned by respondents as priorities for new links, both from a business and inbound tourism perspective.

Boston and Chicago were also cited frequently by respondents. 50% of business travellers cited the Americas as the region they conduct the most business with when travelling long-haul at present.

The strength of Cork Airport is critical to economic development and competitiveness not just in Cork City and County, but across Ireland’s southern region, and the results of this year’s Cork Business Travel Survey paint a clear picture of the continued importance of direct connectivity into Cork.

EU democracy in action As an active voice for Cork’s business community, Cork Chamber recently represented our region at the heart of European decision making. Joining the 2024 Chambers Ireland delegation trip to Brussels, our team engaged directly with the European Parliament and European Commission.

This visit presented unique access to strengthen our connections with European institutions and Members of the European Parliament (MEPs) and to advance discussions on issues relevant to our members. As advocates for Cork’s EU designation as a Smart and Climate Neutral City, competitiveness, decarbonisation, innovation and renewables were central themes for our various engagements.

At the European Commission, Cork Chamber met with Commissioner Mairead McGuinness, who shared valuable insights on strengthening financial stability and advancing the Banking and Capital Markets Union.

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Three further areas that resonate with opportunities for our region: the EU’s decarbonisation and energy security goals; the role of AI and digital twins in developing smart cities; and the EU’s economic outlook for 2025 were central in separate sessions with representatives from the Directorates-General for Energy, Communications Networks and Technology, and Economic and Financial Affairs.

At the European Parliament, Cork Chamber engaged with MEPs to discuss their key focus areas and Ireland South’s priorities as the new five-year term begins. Collaboration with Cork representatives aims to advance shared goals and advocate for sustainable growth and innovation.

The trip concluded with a briefing from Ambassador Aingeal O’Donoghue and her team at Ireland’s Permanent Representation to the EU, outlining preparations for Ireland’s 2026 EU Presidency.

Ireland’s next steps: a transformative vision for Cork’s future Ireland has bucked international trends in this general election. While voters across Europe, the UK and the US rejected incumbent governments, the two largest parties in the outgoing Irish government received enough votes to put them in a position to form the next government.

However, any election provides an opportunity for reset, and for renewed ambition. As intensive negotiations around government formation continue, the focus is turning to the Programme for Government that coalition partners might agree.

We have a short, yet critical, window to influence the next Programme for Government and to place Cork firmly at the forefront of sustainable development nationally by ensuring a prominent place for our city and county as a driver of economic development in the southern region.

In the run-up to the election, Cork Chamber worked tirelessly to ensure the key policy priorities for Cork businesses and communities were on the agendas of all parties and candidates. Our comprehensive General Election Manifesto set out members’ top priorities to shape Cork’s future, while ‘The Great Debate: Election 2024’ provided a platform for discussion between Cork candidates.

Cork Chamber’s key priorities for the next Programme for Government are as follows:

Housing supply and affordability Cork’s significant housing shortfall demands urgent action.

With the city and county’s population projected to grow by 50% by 2040, 10,000 homes must be delivered each year to keep pace with growth. Improved alignment between developers, state bodies and providers of critical infrastructure is needed to unlock zoned lands.

Infrastructure, connectivity and planning reform Transformative projects, like Cork Light Rail, BusConnects and enhanced commuter rail, are key to Cork’s sustainable growth, promoting climate-friendly mobility. Road infrastructure has a role to play in improving regional connectivity, and strategic routes like the Northern Distributor Road and R624 must be prioritised. Efficient planning processes are critical to delivering our housing and infrastructure needs; the next government must provide adequate resources to support recent planning reforms.

State bodies charged with the delivery of major infrastructure projects must have a multi-year funding model.

Urban evolution and sustainability Creating vibrant, safe urban centres is vital to Cork’s offering as a place to live, work and visit. Cork’s designation as an EU mission city for climate neutrality to 2030 provides a unique opportunity to advance sustainable development through

Cork candidates take part in ‘The Great Debate: Election 2024’

new initiatives that create jobs, foster innovation and help us achieve our climate goals. Sustainability must be at the heart of all plans for Cork’s future as we look to public realm improvements, innovative housing solutions and increased Garda resources.

Renewable energy leadership The first steps towards establishing a renewable energy hub in Cork have already been made; the next government must continue to harness this opportunity and provide the enabling policies and supports required to ensure that Cork fulfils its potential to become the first national hub for the sector.

Talent development and SME support Striking the right balance between leveraging FDI and supporting indigenous enterprises is critical. Investments in education, apprenticeships, and industry partnerships will equip the workforce with the future-ready skills needed to support domestic enterprises, while boosting Cork’s competitiveness by supporting continued FDI. The next government must also reduce the regulatory burden on SMEs and provide supports for start-ups.

Looking forward with confidence As 2025 approaches, the outlook for Cork remains immensely positive. Transformative projects, like the Docklands regeneration, will reshape the city’s landscape and economy for decades to come. However, progress is not inevitable; it requires sustained advocacy, innovation, and collaboration from all stakeholders.

With government formation ongoing, Cork Chamber remains steadfast in its commitment to ensuring that Cork’s voice is heard at every level of government. Together, we can make Cork a model for sustainable growth, economic resilience, and vibrant urban living.

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ESG

Naoimh Frawley, Director of People, Operations & Governance

Building inclusive pathways to employment WorkAbility success in partnership with SECAD and Cork Chamber The partnership between SECAD and Cork Chamber on the WorkAbility Inclusive Pathways to Employment Programme has made significant strides since its successful launch in September of this year. Designed to create opportunities and support individuals on their journey toward sustainable employment, the programme has already positively impacted the lives of 29 participants.

To date, five participants have secured full-time or parttime work, and three more are engaged in meaningful work experience. This success is a testament to the dedication of participants and the support of local employers.

The WorkAbility Programme has provided participants with a variety of training opportunities, helping them to build skills and confidence for the workforce. Group workshops and one-to-one mentoring sessions have become a cornerstone of the programme. These activities are currently held once a week but are set to expand to two days per week in 2025, providing participants with even greater opportunities to learn and grow.

Participants benefit from the unwavering support of their mentor and advocate, Mary Jordan, who guides them through their journey in WorkAbility. On the employer engagement side, Vicki Kelly works closely with businesses, supported by Naoimh Frawley from Cork Chamber, to foster meaningful connections and create inclusive opportunities for participants.

Partnering with WorkAbility empowers individuals to achieve their employment goals while also helping employers to foster more inclusive and diverse workplaces. The support from local employers has been encouraging so far, and the programme is now seeking more employers to join Workability in making Cork a more inclusive place to work.

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Here are some examples of a handful of our participants actively looking for employment opportunities: Participant 1: Creative and resourceful, this candidate brings hands-on experience in food prep, and kitchen assistance. They are seeking flexible roles in bakeries, retail, or hospitality, where their positive attitude can shine.

Participant 2: An experienced retail professional with expertise in merchandising, sales, and till operations, including roles at Dunnes Stores and Vodafone. They are ready to bring their skills to full-time opportunities in retail or the pharma/medical device sector.

Participant 3: A versatile operative with 20+ years of farm labour experience and a track record at Apple and Musgraves. They are seeking part-time or full-time roles in the pharma/medical device sector, offering reliability and a strong work ethic.

Cork Chamber and SECAD are proud to champion inclusive pathways to employment, creating meaningful opportunities for individuals while supporting employers in embracing inclusivity as a core value. To find out more, please contact Naoimh Frawley naoimh@corkchamber.ie or Vicki Kelly vkelly@secad.ie

Championing lifelong learning Cork Chamber has cemented its commitment to education and workforce development by becoming the first formal partner from the business community to sign a Memorandum of Understanding (MOU) with Cork City’s Education and Lifelong Learning Partners. This milestone strengthens Cork’s standing as an International Learning City and highlights the essential role of businesses in fostering a culture of continuous education.

Cork Chamber President Rob Horgan officially signed the MOU during an event hosted by the Lord Mayor of Cork, Cllr. Dan Boyle, at City Hall. This event, part of Irish Learning Cities Day, brought together prominent organisations including Cork City Council, Cork Education and Training Board, University College Cork, Munster Technological University, the Health Service Executive Cork Kerry, and the National Association of Principals and Deputy Principals.

The Lord Mayor acknowledged the significance of the Chamber’s involvement, stating, “This event signifies an exciting new development in Cork’s history as a UNESCO Learning City. By joining the Learning City signatories, the Chamber becomes the first formal partner from the Business and Industry sectors in our city to do so. This demonstrates that the commitment to supporting lifelong learning has just as much of an impact in the workplace as it does in universities, schools, and communities.”

Cork Chamber President Rob Horgan echoed this sentiment, emphasising the importance of lifelong learning in driving Cork’s prosperity, “We are immensely proud to join this collaborative initiative as the first formal

partner from the business community. Lifelong learning is vital to sustaining Cork’s growth and prosperity, ensuring that our workforce is not only skilled but also adaptable to the evolving demands of the global market. This partnership underscores our commitment to fostering a culture of continuous learning, which is essential for the success of both our members and the wider community.

As we continue our work as SDG Champions, we are particularly excited to drive progress toward SDG 4 (Quality Education), SDG 8 (Decent Work and Economic Growth), and SDG 10 (Reduced Inequality).”

The MOU aims to build on Cork’s achievements as a UNESCO Learning City. Since adopting the UNESCO Beijing Declaration on Building Learning Cities in 2014, Cork has been recognised globally for its innovative approaches to lifelong learning.

Naoimh Frawley Director of People, Operations & Governance at Cork Chamber stated, ‘’This partnership not only enhances initiatives like the Cork Lifelong Learning Festival but also aligns with the city’s broader ambitions to promote learning in the workplace. Notably, the 2024 Learning City Awards will feature a category for Learning in the Workplace, highlighting businesses’ contributions to professional development and upskilling in Cork.

Cork Chamber’s signing of the MOU marks a significant step in uniting education, government, and industry to build a brighter, more sustainable future. By championing lifelong learning, Cork continues to set an example as a global leader in education and innovation.’’

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NEXT GENERATION LEADERS

Importance of attitude in leadership As part of our Next Gen leadership series, Deloitte Partner, Kevin Butler, spoke to CEO and Co-founder of Shorla Oncology, Sharon Cunningham, about her journey from graduating from UCC to helping to found a start-up in the competitive US pharmaceutical space.

Sharon trained as a chartered accountant spending several years working in finance roles, with both PwC and EirGen Pharma, before going on to co-found Shorla Oncology with her EirGen Pharma colleague, Orlaith Ryan, in January 2018. In the years since, the firm has gone from strength to strength in its operations in the US and in Ireland, developing an advanced portfolio of specialty oncology products.

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Instilling a sense of discipline

Fostering resilience

Sharon’s initial training as a chartered accountant instilled a sense of discipline and a commitment to high standards that continue to influence her to this day. She cites these career beginnings as a key influence on her leadership style, emphasising that real leadership is not dependent on title, but on the value of the example that is set for team members to follow.

Resilience is a word that comes up again and again over the course of Sharon and Kevin’s discussion. Sharon highlights how resilience has played a key role in her career journey to date, and emphasises how she strives to foster resilience in her own team at Shorla. Sharon aims to strike the right balance between allowing team members the space to explore ideas and innovative solutions on their own, while also fostering an environment where employees feel comfortable asking for help when required.

Sharon describes herself as unapologetic about the high standards that she holds, acknowledging that the pace of work in a dynamic start-up such as Shorla can often be faster than elsewhere which does not necessarily suit everyone.

Leading by example Work is part of life, and vice versa; a line should not be drawn between the two as is often the case when we speak about ‘work-life balance.’ It is vital to strike the right balance to perform at your best.

Sharon reflects on how to accomplish this: “I don’t put pressure on myself to achieve a perfect balance. In my opinion, to succeed as a founder today, it’s less about worklife balance than it is about work-life integration. In recent years, experience has taught me how to work smarter; asking myself what’s truly worth pursuing. I try to make time every day for creative work/reflection as well as the tasks that are essential to running a business. It helps to be both organised and flexible; giving myself time for specific tasks but also recognising that priorities may change at any given moment.

I also make time for myself and my loved ones everyday.

Running helps me unwind and clear my head so that I’m able to fully focus when it’s time to get back to work.”

Leading by example is of the utmost importance when encouraging an effective work-life integration in a team, Sharon says. It can be difficult at times, particularly during busy periods, but what is critical is making use of the flexibility we are often afforded in today’s workplace to take advantage of the quieter periods when they arise. Priorities change quickly in today’s world, and a flexible outlook is often critical when reacting to developments.

Embracing a change mindset Being able to embrace change is an important mindset to have in today’s rapidly evolving world, Sharon believes, yet it can sometimes be difficult to manage the impact of change on a team. In a pharmaceutical firm like Shorla, many projects and activities are largely dependent on external factors like approval from the FDA in the US, and the team has to be equipped to change tack quickly if required. In situations like these, effective communication with the team is critical, Sharon says, to build resilience in team members and prepare them for the next time they are faced with a similar situation.

The question of how such an environment is created is an important one; Sharon says that key to this is treating the team with respect and compassion in all exchanges. Effective communication is critical, and Sharon strives to foster an environment at Shorla where everyone feels they can come to her if they are stuck on a particular issue.

An entrepreneurial spirit Sharon outlines one particularly important influence on her and her career journey to date: her parents. Both her parents ran their own businesses and fostered an entrepreneurial spirit that has stayed with Sharon to this day. Sharon’s parents served as important role models for her in the world of business, showcasing the discipline and resilience required.

The value of failure In the past, Sharon had a fear of failure, and in particular of letting people down; her outlook has changed, however.

Within the field of science failure is common, she explains, and she now recognises that failure is part of the journey.

What is crucial is being close enough to the problem you are trying to solve to be able make a reasonable attempt at solving it, while also maintaining enough distance to allow you to know when the problem cannot reasonably be solved, and you need to move on. The opportunity cost should always be considered, Sharon says. It is through failure that you can learn and ultimately come up with a better solution!

Reflecting on her own career journey and her leadership style, Sharon concludes that, at the end of the day, attitude is the critical differentiator between people. Embracing both change and failure is key to success in an ever-changing world, and often, it can be fun to try and fail, and try again.

in association with

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INTERNATIONAL

Building the talent pipeline in Cork’s financial services sector

Karen Conboy, Chair of the Cork Financial Services Forum On November 8th, the Cork Financial Services Forum hosted the annual financial services summit in the Kingsley hotel. Attended by over 180 FS sector leaders, government and agency officials and academic experts from across Ireland, the event was focused on enhancing the talent pipeline for a thriving FS sector in the city and on the future direction of asset management.

Keynote speaker Michael McGrath, European Commissioner for Democracy, Justice and Rule of Law, noted the resilience of Cork’s financial services sector and the ongoing need to adapt in an evolving global market.

Evolution and change was a theme that was picked up by our senior funds industry panelists from SSGA, Blackrock and Invesco. They had an insightful discussion on the future trends and developments in the sector covering products, digitization and the battle for talent.

The panel also gave their views on the recently published Funds Review 2030. We welcomed Brian Corr, who led the Department of Finance team that produced the report and the attendees had the benefit of hearing his perspectives after a year long engagement with funds industry stakeholders including the Cork FS Forum. The report sets out proposals for investment product development, taxation changes and skills development and is important in setting the likely priorities of the next government for the sector. With the expectation that over 50% of jobs growth in the coming years across the wider IFS industry will come from outside Dublin, it is important that the Cork IFS offering continues to be

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Tracey Donnery, Director of Policy & Communications, Skillnet Ireland; Michael McGrath, European Commissioner for Democracy, Justice and the Rule of Law; Rob Horgan, Cork Chamber President; Karen Conboy, Chair Cork Financial Services Forum & Partner KPMG and Garrett O’ Rourke, Training and Development Manager, Cork Chamber Skillnet.

aligned to national IFS objectives so we can maximise the growth of IFS in Cork and the region.

The highlight of the event was the launch of the research report, “Skillful Futures: Strengthening Cork’s Role as a Leading IFS Destination”, commissioned

by Cork Chamber Skillnet and Skillnet Ireland. The report’s insights are crucial in directing our future efforts to ensure that Cork’s IFS sector can continue to grow, remain proactive in addressing current challenges and capitalise on emerging opportunities in IFS. Providing valuable data specific to the Cork IFS marketplace, the research found that over 90% of IFS employers reported growth in the last three years and more importantly, all employers predicted further growth in the next three year period. Not surprisingly, hiring employees with technology skills is a top priority. Given the pool of ICT expertise already in the region, there is

a real opportunity for Cork graduates and experienced hires to meet the skills gap in the IFS sector as it becomes even more process and tech driven.

The report’s findings further reinforce the importance of maintaining the strong links the IFS sector in Cork has with UCC and MTU. Developing and delivering courses and training tailored to the IFS industry’s needs will continue to be a cornerstone of the Cork IFS offering to prospective employers. The development and retention of talent in Cork that meet the skills needs of the IFS sector is key to the future prospects of the industry in Cork and the wider region.

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INTERNATIONAL

Cork as a bridge to China Cork Chamber CEO Conor Healy and International Manager Grace Kelleher recently joined a delegation visit to Cork’s sister city of Shanghai, and partner city of Shenzhen. This delegation was led by the Lord Mayor of Cork, Cllr Dan Boyle, and was comprised of representatives from Cork City Council, Cork ETB, the HSE, MTU, and UCC. Cork and Shanghai have been sister cities since 2005 and will celebrate the twentieth anniversary of this partnership next year.

The Mayor of Shanghai held a private meeting with the delegation, who laid out a four-point plan to elevate the ties between Cork and Shanghai. The Mayor emphasised the need to enhance economic trade activities, with a focus on sectors such as biopharma, AI and food processing companies. The Mayor stressed the importance of exchanging experiences in urban development and fostering people-to-people collaborations. He specifically cited the newly introduced visa-free policy, facilitating easier interactions between our two cities.

During the visit, the delegation engaged in insightful discussions with key figures including the General Consul of Ireland in Shanghai, David Murphy and Ireland’s Ambassador to China, Dr. Nicholas O’Brien at Ireland house. Dr. O’Brien, who played a pivotal role in initiating

the sister city agreement between Cork and Shanghai nineteen years ago, shared his valuable insights on the historical significance of the relationship and its potential for continued growth. Market insights were provided by representatives from Bord Bia, Enterprise Ireland, IDA and Tourism Ireland.

The visit provided Cork Chamber the opportunity to meet with sister Chambers, including the Shanghai Chamber of International Commerce, Shanghai Federation of Industry and Commerce, the Irish Chamber of Commerce China and Invest Shanghai.

The delegation went on to visit Shenzhen, a city known to be China’s hub for technology, entrepreneurial spirit and innovation. Meetings with Southern University of Science and Technology, Huawei and Cork success story PCH International showcased the growth potential between Cork and Shenzhen.

These international delegation visits are vital for Cork as they strengthen our global partnerships, foster economic and cultural ties, and open doors for innovation and investment. By building these bridges, we ensure that Cork continues to thrive on the world stage, creating opportunities that benefit businesses and communities alike.

KEY TAKEAWAYS:

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Shanghai aims to be a global centre for economy, trade, shipping and science and technology innovation.

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Shanghai’s three growing sectors are integrated circuits, biopharma and AI. Key export opportunities for Cork businesses also include products catering for an aging population (such as high-quality protein products), construction and renewable energy.

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Ireland was one of four EU countries with a trade surplus with China last year.

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Currently, approximately 40 IDA client companies from China employ over 5,000 people directly in Ireland. Cork is citied as an attractive place for Chinese FDI due to the strong talent available, as well as the Cork’s supportive business ecosystem.

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For Irish companies looking to do business in China, factors to consider include IP, presence on the ground and the importance of political representation.

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It has been difficult for Irish companies to compete on export products such as dairy (due to the decline in demand for infant formula), beef and pork. Whiskey exports to China are up by 50%.

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Visa-free policy extension to the end of 2025 has been helpful for both business and tourism.

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PTSB Business Banking to build on growing presence in the SME lending market.

PTSB’s ambition is to be Ireland’s best personal and business bank through exceptional customer experiences. The bank has made great strides in growing their business banking offering in recent years and have the ambition and the scale to keep growing.

Seán Farrell, Head of Business Banking at PTSB, leads their ambitious growth strategy for the SME lending market. Prior to joining PTSB, Seán held a range of senior positions within the financial sector including Head of Agriculture and Regional Business Manager.

Seán is backed by his dedicated Business Banking team in the Cork region, led

by Tom Leahy who has over 35 years of experience supporting the needs of business customers both in Ireland and the UK. Tom is also Regional Executive

Member with Ibec and formerly CEO of a firm of solicitors in Cork. The team includes Business Banking Managers, Auriol Kelly, Anna Buckley and Ian O’Regan who have over 100 years of combined banking experience and can all be contacted to meet and discuss your business needs.

PTSB’s Relationship Managers take the time to understand individual businesses.

So when you need them, they can respond quickly with solutions tailored to your business needs.

Commenting on the banks’ ambitions, Seán Farrell said: “PTSB’s drive and focus to grow our Business Banking proposition is clear and our dedicated team in the South and across the country will continue to evolve, growing from strength to strength in 2025 and beyond, delivering exceptional experiences for Ireland’s SME customers.”

Visit ptsb.ie/business-banking Permanent TSB plc trading as PTSB and PTSB Asset Finance is regulated by the Central Bank of Ireland.

INTERNATIONAL

Strengthening economic ties: Indiana delegation visits Cork In a bid to reinforce economic ties between Indiana and Ireland, a delegation led by Indiana Governor Eric J. Holcomb recently visited Cork as part of a mission to enhance trade relations between our two regions. The visit, organised in partnership with Cork Chamber, brought together businesses and key stakeholders to explore opportunities.

A highlight of the visit included the signing of a Memorandum of Understanding (MOU) between the Port of Cork and Ports of Indiana, to explore the development of an inaugural Ireland-to-Indiana express container shipping service, and to collaborate on economic, environmental and technology initiatives.

This MOU presents a valuable opportunity to connect Cork with the only container service transporting entirely on water to the Chicago market, providing access to Cork via rail network to major logistics hubs on both the east and west coasts of the United States.

This development represents a strategic opportunity for Cork to expand its trade footprint in the U.S. The MOU defines three key areas for collaboration: •

Economic and Port Development Strategies: Both port authorities will focus on developing container trade to support key industries including pharmaceuticals, manufacturing, semiconductors, clean energy, life sciences, and agriculture.

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Decarbonisation Initiatives: Exploring the opportunity to develop a ‘Green Shipping Route’ from Ireland to Indiana that will aim to significantly reduce carbon emissions versus traditional supply chain routings.

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Port Security and Technology Integration: Cooperation around data collection, container scanning and cyber security.

organic chemicals—critical commodities for both regions. Indiana is home to the global pharmaceutical leader Eli Lilly, which recently announced plans for a €1.6 billion investment in its facilities in Cork and Limerick.

This collaboration is part of Ireland’s expanding ties with Indiana, further underscored by Aer Lingus’s recent launch of a transatlantic route linking Dublin and Indianapolis.

Strengthening economic ties with key global partners like Indiana is pivotal for Cork’s growth. This visit underscores the importance of collaborative initiatives that not only enhance trade but also foster innovation, sustainability, and connectivity. By leveraging these opportunities, Cork continues to position itself as a leader in global commerce and innovation, ensuring lasting benefits for our region.

Currently, Ireland is the largest trading partner for the state of Indiana, with trade valued at €19.3 billion in 2023.

The primary exports from Ireland to Indiana include pharmaceuticals and

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Invested in Ireland At ESB, we’re thinking big when it comes to Ireland’s net zero ambitions. That’s why we’re investing in developing offshore wind and green hydrogen infrastructure, here in Cork.

We believe that Cork can be a significant contributor to building a future powered by reliable, affordable, clean energy.

Find out more at esb.ie

SUSTAINABIL

Cork businesses powering up for a greener future Irish businesses must embrace practical solutions to reduce costs and lower emissions to remain competitive in today’s market. To support this goal, Cork Chamber recently hosted two key REEValue events, bringing together Irish and international experts. Funded by the European Commission, REEValue is focused on the food, beverage, and transport sectors, with a mission to guide businesses toward greater energy efficiency and investment in renewable energy.

The first day provided expert insights on using sustainable practices as a driver of business growth, with a particular emphasis on aligning business practices with SDG 7: Affordable and Clean Energy. The agenda featured costsaving energy solutions and case studies, followed by a vibrant networking session. Among the speakers were representatives from organisations such as Ballymaloe Foods, ClimeAction, ECOfleet/AEMS, Malta Business Bureau, and Malta’s Energy and Water Agency. The event concluded with a financing session, giving attendees valuable information on grants available to SMEs through Cork’s Local Enterprise Office, the Sustainable Energy Authority of Ireland (SEAI), and EENergy. Participants left with steps to enhancing business sustainability and efficiency.

Following the main event, REEValue delegates visited The English Market, where the site manager led a tour highlighting the market’s planned sustainable improvements, including a new solar roof, rainwater collection, and enhanced waste management systems. REEValue is supporting The English Market by connecting it with green grants and guiding steps to bring these sustainable initiatives to life, while also helping interested SME traders access green finance options.

From left to right: Mónica Valdes (EEN, Cork Chamber), Rosie Fuller (FoodCloud), Mara de los Santos (Climeaction), Arun Kapil (Green Saffron), Alicia Mateos-Cárdenas (REEValue Cork Chamber), Gordon Lucey (9 White Deer), Donal Quinn (ENSO), Grace Kelleher (Cork Chamber), Johnny Tobin Allen (Ballymaloe Foods), Claude Mercieca (Energy and Water Agency of Malta) and Joe Tanti (Malta Business Bureau).

The second day continued with an interactive workshop involving REEValue EU Project Consortium partners and sustainability experts. Key players in the food and beverage manufacturing sectors were invited to the Cork Chamber to discuss collaborative opportunities across the value chain.

Roundtable discussions focused on sustainability action plans, cost-reduction strategies, and the advantages of networking across value chains with sustainability stakeholders. By the end of the session, REEValue had outlined a clear roadmap for each business and next actions to implement in 2025.

These events highlighted Cork Chamber’s strong commitment to fostering positive change by integrating business growth with sustainability. The highly engaging atmosphere facilitated impactful discussions, underscoring local businesses’ dedication to advancing sustainable practices.

Through initiatives like these, REEValue empowers Irish and European businesses to adopt energy-efficient measures, reduce costs, and play a vital role in achieving broader climate objectives.

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COVER STORY

A wholesale success Cork Chamber honours Jim Barry, Managing Director of Barry Group with the ‘Outstanding Contribution to Business Award 2024, recognising a leader who has had a profound impact on Irish business.

The prestigious accolade was presented to Jim Barry, Managing Director of Barry Group at Cork Chamber’s Dublin Dinner. Held at the Clayton Hotel Burlington Road with keynote speaker Simon Coveney TD and sponsored

by EY, this event was attended by more than 600 people from across Ireland’s business, political and diplomatic landscape.

Barry Group, founded by Jim Barry’s father in 1955, has grown under exceptional leadership into a powerhouse in Irish wholesale distribution, employing 260 team members, operating from our 150,000sq foot central distribution centre and moving nearly 10 million boxes per year through their supply chain.

During the evening the honoree shared valuable learnings from decades of experience, highlighting the challenges facing small and medium businesses in the current trading environment. With heartfelt gratitude, Jim paid tribute to his family, senior leadership team, chair and wider team for their contribution, crediting their dedication as pivotal to the company’s growth and success, particularly over the last 3 to 4 years.

As an authentic family business, Jim outlined the four key elements of their business; Symbol Group Division, General Wholesale Division looking after key accounts, the Export Division and Supply Chain. The company’s success is built on strong culture, rooted in his father’s ethos - prioritising strong customer relationships, high service standards, good value for money, a strong team environment, your word is your bond and that is it costs nothing to be nice.

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Cork Chamber honours Outstanding Contributio Dublin Dinner receiving Partner; Rob Horgan, Pr and Conor Healy CEO C

These timeless guiding principles which he referred to as their ‘magic sauce’ have continually evolved over the years demonstrating their values of genuine care, accountability, partnership, trust and success. A rich combination that has cemented Barry Group’s reputation as a leader in Irish wholesale.

Cork Chamber President, Rob Horgan, commented on Jim’s remarkable achievements, “Jim Barry exemplifies the values and vision that fuel sustainable business growth. His ability to expand Barry Group from a local enterprise to one of Ireland’s top wholesale distribution companies is a testament to his dedication, foresight, and commitment to excellence. This is a shining example of the importance of ensuring the right environment for our ambitious SMEs to invest, grow and scale. Ireland has a lot to offer as a base from which businesses can expand, and we must remain determined to enhance that offering at every opportunity.

We are thrilled to present this award to Jim, whose work has contributed significantly to both Cork and Ireland’s economic landscape. Jim is a true trailblazer, and this recognition is richly deserved.”

Cork Chamber CEO, Conor Healy, echoed these sentiments in presenting the award on stage, “Jim’s leadership and innovation have set a high standard for the Irish business community. His entrepreneurial drive, deep-rooted in a respect for family legacy and community, is inspiring. Jim has created value not just within his own company but also for the entire wholesale and retail industry. This award celebrates his remarkable journey and commitment to Cork’s business community and beyond.”

s Jim Barry Managing Director of Barry Group with the on to Business Award 2024, pictured at the Cork Chamber g the award with Ronan Murray, EY Cork Office Managing resident of Cork Chamber; Jacqui Hurley, MC for the event Cork Chamber. Picture: Finbarr O’Rourke

Reflecting on the honour, awardee Jim Barry expressed his gratitude, “I am honoured to be the recipient of this year’s Outstanding Contribution Award. While this is a personal achievement, it is great recognition for Barry Group and family business alike. Having spent my professional career in our family business, I am delighted to represent our past, present, and future when receiving this award. I am extremely proud of the journey we have been on as we celebrate 70 years in business in 2025 and look forward to collaborating with Cork Chamber for many more years to come.”

Ronan Murray, EY Cork Office Managing Partner and event sponsor, offered his congratulations, “Jim Barry’s achievements underscore the incredible impact that strong leadership and innovative thinking can have on an industry. EY is proud to support the recognition of such an outstanding business leader whose vision and commitment have driven not only the success of Barry Group but also inspired confidence and ambition in Ireland’s business landscape. Congratulations to Jim on this well-deserved honour.”

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Shaping a legacy The Cork Chamber Dublin Dinner returned on Tuesday 26th November to celebrate the powerful kinship between Cork and Dublin and its significance to the prosperity of Ireland as a whole. Held in the Clayton Hotel, Burlington Road in association with EY, the event was attended by more than 600 people from across Ireland’s business, political and diplomatic landscape.

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The keynote address was delivered by the former Tánaiste, Simon Coveney TD, who is stepping away from politics after 25 years of public service. Drawing on his experience as a former MEP and Minster for Foreign Affairs, Mr Coveney shared his insights into the changing geo-political environment.

“As Ireland navigates an evolving geopolitical landscape, we face significant challenges and opportunities,” said Mr Coveney. “From shifts in U.S. administration to economic and political pressures, these changes will test our resilience and demand forward-thinking strategies to safeguard Ireland’s interests and global standing.”

Bridging these perspectives, Cork Chamber President Rob Horgan expanded on the challenges facing Ireland’s business community, particularly for smaller enterprises, and emphasised the importance of addressing these issues to sustain the broader economic ecosystem.

While acknowledging the thriving business community, and Cork’s

ability to ‘out-perform in terms of economic output’, Mr Horgan said, “today’s climate for business is not without its challenges.

In particular, for smaller organisations. We must ease the regulatory burden on this sector and provide the supports they need. A thriving SME sector is also the bedrock for our FDI companies which we place great value in.”

Building on the themes of adaptability and resilience building, Cork Chamber President Rob Horgan outlined a compelling vision for Cork’s future. Speaking on future rejuvenation and the need for a focus on our urban centres, Mr Horgan referenced Cork’s industrial docklands as presenting “a huge opportunity to bring

new life to the city, with a mix modern living options and office spaces, giving rise to a whole new district.”

“Cork is uniquely positioned to lead in urban evolution, as a model city forging a path for others to follow. Urban evolution isn’t just about infrastructure; it’s about making cities work for the people who live in them. It’s about ensuring that Cork, and all of Ireland’s urban centres are vibrant, inclusive, and future-ready.”

Speaking at the event, Frank O’Keeffe, EY Ireland Managing Partner, said, “It is an honour for EY to sponsor this really special evening, celebrating the thriving connection between Cork and Dublin and the vital role these cities play in driving Ireland’s

economic success. At EY, we are committed to helping businesses adapt to a rapidly evolving landscape, empowering them to embrace sustainability, digital transformation, and innovative talent strategies among other key areas.

Looking to future opportunities Mr Horgan said, “Ireland has the potential to be a global leader in renewable energy, and Cork is at the heart of this opportunity.

Our role is to ensure that Ireland is a place where good ideas take root and businesses of all kinds can grow. Cork’s potential is boundless, its story still unfolding.

We are not just building a city. We are shaping a legacy.”

As the evening drew to a close, the Cork Chamber Dublin Dinner

served as a powerful reminder of the shared ambition and collective strength that connects Cork and Dublin, driving Ireland’s progress on both a national and global stage. With a vision firmly rooted in innovation, sustainability, and community, we look forward to shaping the next chapter of Cork’s story, together, as architects of a legacy that will inspire generations to come.

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Network boosts the potential of European SMEs The Enterprise Europe Network (EEN) team from Cork Chamber attended the EEN Annual Conference in the stunning city of Budapest, Hungary. The event brought together 750 participants from 56 countries and featured 160 speakers across 26 sessions. It offered expert insights, interactive workshops, and valuable networking opportunities, all aimed at supporting SMEs across Europe. For the EEN Cork Chamber team, the conference was a chance to explore collaboration prospects for clients, discuss strategies to navigate the evolving business landscape, reconnect with colleagues, and share experiences.

The conference covered four main themes:

Quality and Impact focused on empowering SMEs by building regional networks and fostering innovation.

Topics included solution-oriented messaging, Conversational Commerce for lead conversion, using audience insights for personalised engagement, and AI-driven predictive analytics.

The practical case studies illustrated the synergies between EEN, Clusters, European Digital Innovation Hubs (EDIHs), and other stakeholders, showcasing how these collaborations can drive success for SMEs. Innovation and Start-ups discussed essential topics for growing innovative SMEs. The sessions explored how the EEN, the I3 (Interregional, Innovation and, Investments) Instrument, and the Vanguard Initiative support businesses through cross-networking and regional innovation ecosystems. Success stories from companies supported by EEN2EIC (Enterprise Europe Network to European Innovation Council) provided actionable insights. A key highlight was the introduction of the “EENnovation

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Rocket,” a suite of tools designed to help SMEs through technological, strategic, ecological, and social transitions.

Industrial Transition focused on sustainability, AI, resilience, and energy transitions, addressing how SMEs can adapt and remain competitive in a rapidly changing world. The discussions focused on the upcoming Biotech Hub and how EEN members could get involved, as well as how the EEN’s sustainability tools could be adapted to suit different business environments. On the other hand, AI sessions addressed challenges, ethical considerations, and the AI Act, while workshops provided EEN advisors with strategies to support SMEs in navigating sustainability requirements, integrating into supply chains, and enhancing circular innovation strategies.

Single Market and Beyond offered

guidance on how SMEs can navigate the EU Single Market and expand globally. The session explored new EEN resources, such as a brochure featuring SME success stories and updated

advisory services and discussed the Letta Report, a report from former Prime Minister of Italy, Enrico Letta, which proposes reforms to strengthen the EU’s internal market. It also highlighted how knowledge-based companies can internationalise with EEN support, EUREKA funding opportunities, and robust intellectual property rights (IPR) protection strategies. EEN member-led sessions offered tools and strategies to help SMEs overcome barriers and grow internationally.

SMEs are important to the resilience and growth of Cork, Ireland, and Europe, as they drive innovation and job creation.

The conference highlighted the need for ongoing support to help SMEs achieve sustainable growth on a global scale.

EEN has an important role to play in this, offering services to empower SMEs For more information on the Chamber’s international services and how we can assist your business, please contact Monica monica@corkchamber.ie.

#EENCanHelp

Access to finance

Empowering Irish small enterprises

By Sean O’Sullivan, Head of Enterprise, Local Enterprise Office South Cork, Cork County Council.

Ambition lies at the heart of starting a business, and Ireland has never been in a better place to foster innovation and growth for SMEs, with a wide range of supports available to assist our entrepreneurial community on their journey.

The Local Enterprise Offices (LEO), embedded in every Local Authority, collaborate with a wide range of stakeholders to deliver meaningful economic benefits to the businesses they serve. With both a mandate and responsibility, LEOs are committed to helping businesses prepare for the future by embracing sustainability, innovation, and productivity.

These principles form the foundation of a new range of supports that complement the long-standing services provided to small businesses. Positioned by the government as the first stop for anyone seeking business advice, the LEOs actively encourage businesses to explore available supports.

Traditionally, LEO supports have focused on financial assistance, such as Priming/ Business Expansion Grants for innovative manufacturing or international service businesses. These supports remain strong, enhanced over time, and are complemented by extensive training and mentoring offerings. Here in Cork County Council, each year, over 4,000 business owners and managers avail of these services annually.

Recently, the Department of Enterprise, Trade and Employment has added key priorities to the LEOs’ responsibilities, aligning them with national policies, including: •

Integrating decarbonisation and net zero commitments

•

Placing digital transformation at the heart of enterprise policy

•

Strengthening the Irish-owned exporting sector

•

Enabling local trading sectors to thrive

•

Increasing rates of enterprise innovation

With these goals in mind, new resources are now available to the LEOs to help both meet government targets and, more importantly for businesses, assist them in covering the costs of decarbonisation and digital transformation through the Green for Business and Grow Digital support programs.

in exploring international trade shows and investigating overseas markets, a new Get Exporting Programme is now available. This programme offers increased support, guiding businesses step by step into new markets and to new customers.

In early 2025, the TAME grant will be significantly enhanced and relaunched, offering unprecedented support for export businesses. We encourage any local business considering exporting to connect to the nearest LEO and start a conversation about the support available.

Highlighting the importance of exports to the Irish economy, our colleagues at Cork Chamber deliver the Enterprise Europe Network (EEN), with the LEOs serving as a national partner. Additionally, Intertrade Ireland offers a wide range of supports to help businesses explore cross-border opportunities, collaborate, innovate, and attract investment.

Supporting businesses with ambitions to export has become an increasingly important focus for the government, and LEOs are being equipped with enhanced resources to help businesses achieve this. In addition to the existing €2,500 TAME (Technical Assistance for Micro Exporters) Grants, which have supported many businesses each year

If you’re a small business owner looking to grow your business, reach out to your Local Enterprise Office or Enterprise Europe Network and discover the supports and opportunities available to help your business thrive.

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INNOVATION SERIES

Moving the dial on circularity Materia Environment is working to drive innovation in waste management At a time when sustainability and climate is to the fore in many organisations, the value of the circular economy is increasingly recognised by businesses, elected representatives and members of the public. Here in Cork, one local business has been working for over a decade to help Irish businesses find innovative ways to convert their waste into usable secondary products, saving it from landfill and incinerators, and reducing the release of additional carbon into the atmosphere.

Materia Environment is leading the charge when it comes to circularity, working to reuse and recycle industrial plastics, polymers, cardboard and more.

Managing Director Hugues Barthelemy explains, “We work with businesses to turn their industrial plastic waste into a secondary raw material for reuse. By working hands-on with businesses, we help them to maximise the amount of plastic waste that they can recycle for reuse. We collect and process the recycled material, and work with our partners across Europe to turn Irish industrial plastic waste into a resource within the circular economy.”

With Irish clients across various sectors, including manufacturing, pharmaceuticals, and medical devices, Materia works to audit and identify industrial plastic waste and other materials that could be diverted away from landfill and incinerators. These materials are sorted and reprocessed into granulates that can be used again.

The second-hand raw material produced as a result is a highly valuable material, which is in demand across the EU to support the growing recycled plastic products industry. Everything from packaging, clothes, car parts,

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insulation material, furniture and more can be manufactured more sustainably using the processed second-life plastic granulates that Materia produces through its work with clients.

Materia’s Business Development Director, Paul McSherry, says their clients value the level of traceability that the company provides throughout the recycling process: “We need to be highly accurate in terms of separation and isolation of plastics and other materials when we collect from our clients. Not only does this allow us to better recycle, but it also allows us to account for every ounce of plastic and cardboard we recycle for our clients. That level of traceability is very important to businesses in an age of increased waste regulation.”

Indeed, the EU’s Corporate Sustainability Reporting Directive and incoming Packaging and Packaging Waste Regulation will further increase accountability requirements for businesses producing industrial plastic waste.

This is where Materia comes in.

Paul outlines how Materia improves businesses’ circularity: “We are at the forefront of helping organisations better manage their unavoidable plastic waste, ensuring that this waste is fully recycled as part of a controlled and traceable process - rather than going to an incinerator to be burned up, which introduces yet more carbon into our atmosphere.”

Materia also offers a carbon accounting service, as Paul describes: “We have a unique coding system that allows us to accurately account for the carbon saved as a result of recycling plastic waste,

enabling us to produce useful CO2 reports for our clients.”

Hugues outlines how the process works: “Usually, our first step is to go onsite and work with our client to audit their waste output. We work to quickly identify polymers or other materials that are currently going to landfill or incineration that could instead be isolated and transported to us for recycling. We then work with the client over time to identify internal production processes that could be changed to divert as much waste as possible away from landfill.”

This shift towards circularity can be immensely beneficial for clients, Hugues notes: “We have multiple examples of large industrial partners who have now achieved zero waste to landfill using our unique total waste management approach. Often, we are also able to save them floor space by optimising their waste routes onsite, creating more room for production machinery. A big win!”

Materia describes itself and its approach as ’Waste averse.’ The company’s focus is on helping businesses reduce and eventually eliminate the practice of sending waste to incinerator and landfill - not only plastic, cardboard and paper waste, but also compost, metal, electronics and more. Hugues notes, “We have a wide network of international recyclers, so we work very hard to find ways for our clients to avoid creating waste, instead finding ways to traceably recycle their waste.”

Paul says that clients appreciate Materia’s experience and ability to find solutions, particularly for harder to recycle polymers: “Anyone who has worked in waste knows the challenges around polymer and industrial plastic recycling. The truth is a lot of plastics

can be very hard to recycle, but with our established overseas network of recyclers and secondary plastic material customers, we can find a second use for most industrial plastic waste.”

Following the entry into force of the EU Corporate Sustainability Reporting Directive last year, Paul says more and more clients are coming to Materia to avail of the company’s services: “The EU’s new Corporate Sustainability Reporting Directive and the incoming Packaging and Packaging Waste Regulation, which is due to come into force next year, have led to an increased awareness of industrial plastic waste responsibilities among businesses. Many were on this journey already, but recent legislation has brought timelines forward.”

Materia Environment takes its commitment to quality and traceability very seriously, having recently received sustainability certifications ISO 9001 and ISO 14001 once again. Materia is also participating in Cork Chamber’s Sustainable Cork Programme, working with organisations to manage their industrial plastic and cardboard waste.

“Cork Chamber is leading the way for Chambers across Ireland in recognising that the future lies in sustainable and circular practices,” Paul says. “Working together, the businesses of Cork can lead the way in sustainable practices.”

If your business would like to talk to the Materia team about waste management solutions, visit www. materiaenvironment.com or contact Paul on 0877858476.

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BOARD MEETING ROOM RATES

HALF DAY: 195 Member & 295 Non-Member €195 Member

€295 Non-Member

FULL DAY: €350 Member €500 Non-Member

Premium location, unique views of the city, historic building.

Catering options and pricing are available upon request. * All bookings include free Wi-Fi, water, access to a 98-inch professional digital display, Barco ClickShare, natural light, and the support of our onsite team.

WWW.CORKCHAMBER.IE/

FO R M O R E I N FO R M ATO N CO N TA C T: INFO@CORKCHAMBER.IE

Upcoming Events For more information & bookings visit CorkChamber.ie

FRIDAY 7TH FEBRUARY | 7PM-11PM

WEDNESDAY 26TH FEBRUARY | 7.30AM-9AM

CORK CITY HALL

CORK INTERNATIONAL HOTEL

The Cork Chamber Annual Dinner has long been established as the region’s premier flagship event, a glittering evening where Cork’s vibrant business community comes together to celebrate achievements, foster connections and shape the region’s future.

Join us for this Business Breakfast to hear from Alice Mansergh, CEO, Tourism Ireland.

This black-tie event attracts nearly 1,000 attendees including business leaders, political decision makers and stakeholders. It is a cornerstone event in Cork’s corporate calendar and a true testament to the dynamism of the region.

The winners of the 4 categories of the Cork Company of the Year Awards 2025 will also be announced on the night.

PROUDLY SPONSORED BY

Collaborating with industry and government, Alice and the Tourism Ireland team are proud to grow the contribution overseas tourism makes to economies and communities across the island.

Alice has strategic leadership experience, specialising in leading international marketing teams, consumer brand engagement strategies and corporate responsibility.

She has wide experience working with travel industry partners and has served on the board of Fáilte Ireland.

Alice will discuss the role of overseas tourism in supporting economies and communities, collaborating to support Cork overseas and upcoming trends and initiatives to partner on.

IN ASSOCIATION WITH

MEDIA PARTNER

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RECENT EVENTS

Business Breakfast with Ian Flanagan, CEO, Munster Rugby In association with RDJ LLP & Media Partner Irish Examiner

Our final Business Breakfast of the year took place on the 10th October and featured Ian Flanagan, CEO, Munster Rugby.

Ian shared the many aspects beyond the stadium gates that need careful consideration in helping to grow one of the country’s major sports brands, ensuring a path for the future.

Conor Healy, Cork Chamber, Karen O’Donoghue, Irish Examiner, Ian Flanagan, Munster Rugby, Rob Horgan, President Cork Chamber, Darryl Broderick, RDJ LLP.

Annette O’Keeffe, Cork Chamber, Conor White, Comyn Kelleher Tobin, David McCarthy, Sherry Fitzgerald Limited.

Industry Insights Is your Wealth your Health?

InInassociation associationwith withZurich Zurich This Industry Insights took place on the 8th October and focused on the impact of wealth on employee wellbeing.

We were joined by Richard Temperley, Head of Investment Consulting, Rose Leonard, Head of Corporate Distribution & CRM and Maurice Ryan, Senior Distribution Manager from Zurich. It was an eye-opening discussion exploring how financial markets shape both organisational performance and employee well-being. From the impact on retirement funds to the role of finance in overall health.

Annie FitzGibbon, Cork Chamber, Maurice Ryan, Rose Leonard, Richard Temperley, Zurich.

Cybersecurity Essentials In association with Viatel Technology Group This Industry Insights took place on the 17th October and focused on Cybersecurity and NIS2 (Network & Information Security Directive 2).

Damien McCann, Chief Commercial Officer, Viatel Technology Group and Eddie Heneghan, Cybersecurity Expert & Founder, Henocon provided tips on managing cyber risk, building a resilient enterprise and navigating the new NIS2 Directive.

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Eddie Heneghan, Henocon, Annie FitzGibbon, Cork Chamber, Damien McCann, Viatel Technology Group.

Leaders Lunch

In association with Grant Thornton

Niall Horgan, CEO & Co-Founder, Gym+Coffee Taking place on the 22nd October, this Leaders Lunch featured Niall Horgan as he brought attendees through the story of Gym+Coffee from humble beginnings to the importance of building and maintaining momentum. It was inspiring to see the ‘super powered community’ the business has built with a recent milestone of 1 millions orders in Ireland.

Niall Horgan, Gym+Coffee, Rob Horgan, President Cork Chamber, Annie FitzGibbon, Cork Chamber, Gerard Walsh, Grant Thornton.

Adrian Kelly, Everseen Limited, Noreen Walsh, AIB, Rory Lankard, FMC Agro Limited Ltd.

Maxine & Rosaleen Hyde, Ballymaloe Foods On the 4th December we were joined by Maxine & Rosaleen Hyde as they told the inspiring story of Ballymaloe Foods dating back to 1930. They touched on the challenges and triumphs along the way, from exporting globally, the complexities of food manafacturing to building a motivated team all while staying true to their brand.

Aled Williams, Bus Éireann, Seamus O’Reilly, Cork University Business School, Jean van Sinderen-Law, University College Cork, Michael Lynch, KPMG.

Gerard Walsh, Grant Thornton, Rosaleen Hyde, Maxine Hyde, Ballymaloe Foods, Shane O’Neill, Grant Thornton, Annie FitzGibbon, Cork Chamber, Rob Horgan, President Cork Chamber.

Thought Leaders Council Our Thought Leaders Council took place on the 15th November. This event featured an update from our public affairs team along with an informative presentation from Bryan Fitzgerald, Programme Manager, Cork Docklands Delivery Office who provided insights into the progress of the docklands, future projections, and the implications for the business community in Cork.

Rob Horgan, President Cork Chamber, Conor Healy, Cork Chamber, Aoife Moriarty, Cork Chamber, Cathal McSweeney, Cork Chamber, Bryan FitzGerald, Cork Docklands Delivery Office.

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RECENT EVENTS

Networking at Noon at MTU Cork School of Music This networking event took place on the 23rd October, just in time for jazz weekend.

The atmosphere was lively, filled with upbeat conversation as attendees gained the opportunity to network and forge new connections, all set in the impressive MTU Cork School of Music auditorium. MTU students added to the vibrant energy serenading guests with some jazz.

Prof. Alistar Payne, Gabriela Mayer, MTU Cork School of Music, Annie FitzGibbon, Cork Chamber, Rob Horgan, President Cork Chamber President, Gerard O’Donovan, MTU with David Adderly and Sam Healy, MTU Cork School of Music students.

HR Barometer Report

Unleashing the Strategic Role of HR to drive your Business & People Potential

In association with Adare

This HR Barometer Report webinar took place on the 22nd November and explored how HR can become a strategic force driving business success and people potential in 2025.

Packed with valuable findings on key issues like Diversity, Pay & Benefits, and Performance Management, experts Sarah Fagan, Managing Director, Michelle McDonagh, Head of HR Consulting and Amanda Finnegan, Head of Retained Services, Adare shared actionable insights from the report.

Sustainable Cork Programme

Sustainability Shift: How Next Generation Supply Chain Leaders Can Impact Change In association with Cork Chamber Skillnet, ESB Generation & Trading and Statkraft

Our final Sustainable Cork Programme Webinar of the year took place on the 5th December and featured Ninni Bjerkøy, Vice President Sustainable Procurement, Statkraft, Chuvasen Govender, Supply Chain Director, Heineken Ireland and Ingrid De Doncker, Head of Research and Innovation, Future Planet. The webinar focused on the importance of building a sustainable supply chain by integrating environmentally and socially responsible practices at every stage, from sourcing raw materials to final delivery.

www.areacf.ie CORK’S LEADING COMMERCIAL FLOORING CONTRACTOR • Hotels - full bespoke carpet design & manufacturing service

• Hospitality - front of house & kitchen bar areas • Offices - refurb specialists can work around existing furniture • Medical • Retail

• We also carry out minor floor repairs

Contact Tel: 021-2357079

Email: enquiries@areacf.ie

MEMBERS

New Members Corner We welcome the following new members Architects/Town Planners

Logistics

Cook Architects Award winning design led architectural practice with expertise in delivering highend residential projects, Multi-housing projects and fit-out projects with and project panagement from design stage to on-site completion.

W: https://www.cookarchitects.ie

Entertainment/Leisure/Tourism

Cunnane Stratton Reynolds Limited Cunnane Stratton Reynolds are a planning consultancy & landscape architecture company, based in Cork, Dublin & Galway providing planning & landscape consultancy services throughout Ireland.

W: https://www.csrlandplan.ie

Dripsey Castle Estate Dripsey Castle Estate is a medieval castle and Georgian Mansion set on a 110-acre estate bordered by the meandering Dripsey river and lake. We also are an Organic Horticulture Farm.

W: https://www.dripseycastle.com

Building Contractors/Providers

Financial Services/Pensions/Investment EBS EBS Cork, the mortgage specialists.

W: https://www.ebs.ie/mortgages

Cliona Murphy Consulting Business Consultancy & Leadership Coaching focused on Quality & Food Safety Assurance and Corporate Governance.

Food/Drink

Manufacturers

Assist Roofing At Assist Roofing, we offer a comprehensive range of roofing services to meet the needs of both commercial and residential clients.

W: https://assistroofing.ie

Blackwater Valley Opera Festival Ireland’s Blackwater Valley Opera Festival offers world-class opera, recitals, and concerts in historic venues from Cork to Waterford, with its headline opera at Lismore Castle.

W: https://blackwatervalleyopera.ie

KMC Homes Ltd 20 years in business, offering a turnkey service for one off new houses.

W: https://kmchomes.ie

Sibly Foods LTD The Sibly Food Co. is an award-winning Irish brand, specialising in premium, handcrafted snacks made with natural ingredients.

W: https://thesibly.ie

Education/Training/Languages

Importer/Exporter

Certif Certif provides certified translation services for legal, academic, and business documents, ensuring accurate and reliable translations for national and international use.

W: https://certif.ie Probitas Business Consulting Limited We empower organisations to reach their full potential through tailored leadership training, executive coaching, and strategic advisory services.

W: https://www.probitas.ie

Education/Training/Languages

Owen Jump Coaching Psychology Owen Jump is a Coaching Psychologist who is passionate about working with people on their professional and personal development.

W: www.owenjumpcoachingpsychologist. com

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National Beauty Distribution National Beauty Distribution is the importer and builder of some of the most recognisable brands in the hair & beauty industry.

W: https://www.nationalbeauty.ie

IT Services

Cohesity international Limited Cohesity is an American company specialising in data management and insights.

W: https://www.cohesity.com Sixbound Technology Limited SIXBOUND is a dynamic and ambitious business intelligence firm dedicated to empowering organisations with actionable insights and data-driven strategies.

W: http://www.sixbound.com

Southgate Over 30 years, Southgate has become one of Ireland’s leading logistics companies, providing trusted end-to-end cold chain solutions, from collection & loading to customs & delivery.

W: https://southgatedistribution.com

Management Consultants

S A Partners Lean Consultancy Ireland Since 1993 our team at S A Partners have been supporting organisations around the world to build and leverage their capabilities and develop the business systems required to achieve Enterprise Excellence.

W: https://sapartners.com

Magpie Gems Magpie Gems creates handcrafted silver jewellery, including personalised name necklaces, birthstones, and Austrian crystal pieces, celebrating milestones with elegance and ethical craftsmanship.

W: https://www.magpiegems.ie

Medical Services/Supplies

Enable Supplies Ltd Sale and maintenance of ceiling hoists and changing tables for disabled.

W: https://enablesupplies.com

Motor Traders

BYD Cork BYD Cork are delighted to be the first representatives for the BYD brand in Munster.

This exciting new brand comes to Irish shores as the proponent for sustainable, fun and affordable electric motoring.

W: www.msl.ie/en/byd/contact-us/byd-cork

Removal/Storage

Boxed Storage We are Cork’s newest self-storage company.

W: https://boxedstorage.ie

New Members Breakfast Our final New Members Breakfast of the year took place in November at Cork Chamber HQ. As always we were delighted to meet our newest members and give them some insights into Chamber activity and the benefits of their membership.

Naoimh Frawley, Cork Chamber and Mark Flavin, 3B1.

Renewable Energy

Brian FitzGerald - Community Liaison Extensively qualified in maritime law, leadership, management, public relations, mediation, communications, and frontline operations.

Reasire Focused on creating a world powered by sustainable infrastructure.

W: www.reasire.com

Retail

Mahon Point Cork’s premier shopping and leisure destination W: www.mahonpointsc.ie

Services Contractors

Clearwide Environmental Clearwide Environmental offers clients the highest standard of emergency drain cleaning services. We are an Irish-owned and operated business with experience in drain cleaning, repair and maintenance.

W: https://clearwideenviro.ie

Services

Land Development Agency The LDA is a commercial, state-sponsored body that has been created to coordinate land within public control to provide affordable and social homes and build communities across the nation.

W: https://lda.ie

Services

YONCA Consultancy W: https://yoncaconsultancy.com Yonca Consultancy is an international education consultancy based in Cork, helping students enrol in global academic programmes with admissions, visa, and accommodation services.

High Performance Coaching We specialise in personalised coaching and workshops as well as bespoke coaching and mentoring training to companies. We also work with teams to create high performing cultures.

W: www.highperformancecoaching.ie Paul Cahill Coaching Helping individuals and businesses build resilient careers through coaching and training.

W: https://www.paulcahillcoaching.com

Software/Software Services

AI Automation Lab AI Automation Lab helps businesses improve efficiency with practical AI solutions. We offer dashboards for tracking KPIs, AI assistants for handling website inquiries and inbound calls, and internal process automation.

W: https://aiautomationlab.io

Software/Software Services

The Noledge Group The Noledge Group delivers cutting-edge financial management and ERP solutions designed to simplify and enhance business operations.

W: https://noledge.ie

Telecommunications

Stella Doradus Europe Amplifying Your World - keeping you connected with our range of cellular repeaters and products.

W: https://www.stelladoradus.com

Waste Management/Recycling

Materia Environment Materia Environment works across sectors to optimize industrial plastic waste so that it can have a new life as a secondary raw material.

W: https://www.materiaenvironment.com Stericycle Stericycle is a business-to-business services company and leading provider of compliance-based medical waste management and secure information destruction services.

W: https://www.stericycle.ie/en-ie

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MEMBERS

Forvis Mazars launch Cork office Forvis Mazars officially launched its new Cork office at a packed event at Páirc Uí Chaoimh. Attracting a full house of clients, local business leaders and key figures from the community, the event marked a significant milestone for the firm as it expands its presence in the Southwest region. Managing Partner, Tom O’Brien started proceedings, welcoming guests and highlighting Forvis Mazars’ continued growth and commitment to the Cork business community. He emphasised the firm’s goal of fostering innovation and supporting local businesses with world-class financial and advisory services and the firm’s ambition to grow to 150 employees in the Southwest over the next two years.

Pictured Cork Partner David Swinburne; Managing Partner Tom O’Brien; Michael McGrath, European Commissioner for Democracy, Justice and the Rule of Law; Cork Lead Partner, Fiona Byrne and Local Tax Partner Stephen Gahan. Photo. Darragh Kane

J.W. O’Donovan LLP relocation and expansion

J.W. O’Donovan LLP, a leading Cork-based legal firm established in 1931, has announced ambitious growth plans, including the relocation of their offices to the prestigious 27 South Mall. This expansion reflects the firm’s ongoing commitment to supporting clients across Cork and beyond. As part of its growth plan, J.W. O’Donovan has invested in state-of-the-art office facilities and has launched a recruitment drive, including four new appointments, with plans to grow the workforce further over the next 5 years. This move signals the firm’s readiness and commitment to support its existing client base and an increased demand, and to continue offering best-in-class legal services.

John Sheehan, Anne-Marie Linehan and Jerome O’Sullivan of JW O’Donovan LLP. Photo: Diane Cusack

Workvivo by Zoom announces 100 new jobs

Over a year post-Zoom acquisition, Workvivo by Zoom has launched its flagship engagement hub in the heart of Cork city with plans to create 100 Irish jobs to enable its next phase of growth, supported by the IDA. Workvivo, the employee experience platform that simplifies communication and boosts engagement, has grown rapidly and is empowering some of the world’s biggest brands like Dollar General, Ryanair, Amazon, Bupa, and the Virgin Group to engage and connect their people – no matter whether they work in the office or on the front lines. The state-of-the-art engagement hub follows the blueprint of Zoom’s other hubs around the globe, marking a shift from traditional office spaces towards a technology-first experiential working hub designed for hybrid working.

Conor Healy CEO Cork Chamber; Michael McGrath, European Commissioner for Democracy, Justice and the Rule of Law; Mary Buckley, Executive Director IDA Ireland; John Goulding, CEO of Workvivo by Zoom; Rob Horgan, President of Cork Chamber and Joe Lennon, CTO Workvivo by Zoom

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MEMBERS

Hovione announces expansion of Cork facility Hovione, an international pharmaceutical contract development and manufacturing organisation (CDMO), has commissioned an expansion at its manufacturing facility in Ringaskiddy, Co. Cork.

The multi-million euro investment almost doubles the capacity of Hovione’s spray drying facilities in Ireland and will create more than 20 new positions.

This latest investment reinforces Hovione’s position as the global leader in spray drying for pharma applications. This manufacturing technology is especially important for inhalable therapies and oral medications with low bioavailability, enabling more effective treatments. By improving how medicines work in the body, spray drying plays a crucial role in delivering reliable, high-quality healthcare solutions that make a real difference in patients’ lives.

Pictured at the opening ceremony are (left to right): Dr. Till Riehm, General Manager, Hovione; Dr. Jean-Luc Herbeaux, CEO, Hovione; Michael McGrath, European Commissioner for Democracy, Justice and the Rule of Law; Michael Lohan, CEO, IDA Ireland; Jorge Pastilha VP Global Technical Operations and Dr. Paul Downing Senior Director, Strategic Business Management. Photo: OSM PHOTO

Inaugural STEM South West Awards

Mary Good, chair STEM south West with Bob Savage recipient of the STEM Person of the Year award. Photo: Gerard McCarthy

The winners of the first-ever STEM South West Awards have been announced, shining a spotlight on the remarkable achievements of individuals and organisations driving innovation, education, and community engagement in the STEM sectors across the South West region. The awards ceremony took place at Cork County Hall recognising leaders and initiatives that are shaping the future of STEM in the region, which collectively employs over 75,000 people in STEM-related industries. In a busy week for the organisers, the Awards followed the success of the STEM South West Expo held in Cork City Hall where upwards of 2,700 students, parents, teachers and guidance counsellors explored the widespread and diverse STEM career opportunities showcased by leading STEM industry and education partners. Bob Savage, who chaired the judging panel, and who was himself awarded the accolade of STEM Person of the Year as decided by the board of STEM SW added: “Our winners exemplify the innovation, collaboration, and community engagement that are essential for continued STEM success. This region has consistently led in STEM excellence, and it’s clear that we’re nurturing a pipeline of talent and opportunity for years to come.”

Investwise Financial Planning win at Irish Pension Awards 2024 The Investwise Financial Planning team is thrilled to have been announced as ‘Financial Advisor of the Year’ at the Irish Pension Awards 2024. They were revealed as winners at a black tie gala dinner in the Round Room of the Mansion House recently. Dave Quinn, MD, Investwise Financial Planning and Liam O’Riordan Investwise Cork said, “We are over the moon to have won such a prestigious accolade. To be recognised by our peers is so rewarding and we are very grateful for this honour. This award acknowledges the great work of the Investwise team day in, day out to help our clients achieve their financial goals. Being fee-based advisors we are free to offer impartial, personal advice in the best interests of our clients. Recognition like this award spurs us on to continue advocating the importance of fee-based, objective financial planning and advice. We may be a relatively small team but we make a big impact on our clients’ financial ambitions and we will continue to do so! Congratulations to all the other winners and to sponsors Aviva and European Pensions on what was a wonderful event.”

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RECENT ANNOUNCEMENTS

Moxy Hotel announce Roger Russell as general manager

Travel Counsellors appoint Ciara MacConnell

Roger Russell, an experienced hospitality leader, is the General Manager of the new Moxy Cork and Residence Inn Cork. With 21 years as GM and Deputy GM at The Metropole Hotel, Roger brings a wealth of expertise in hospitality management, catering, and sales. A graduate of the Trainee Manager Development Programme, he joined Moxy & Residence Inn in June, aiming to deliver vibrant guest experiences while fostering a dynamic team culture.

Travel Counsellors Ireland have appointed Ciara MacConnell as their new Corporate Travel Manager. In this role, Ciara will oversee the delivery of highly personalised solutions for corporate business travel, supporting and advancing the work of the 85 Travel Counsellors in Ireland as they continue to expand the company’s corporate travel offerings, Travel Counsellors for Business. Ciara brings over 25 years of travel industry experience to the role.

Annamarie Fegan receives Cork Person of the Month

Annamarie Fegan was the Cork Person of the Month for October in recognition of her contribution to Cork sailing life, including her pioneering role in becoming first female admiral of the Royal Cork Yacht Club (RCYC) in over 300 years. A keen sailor and member of the RCYC for over 25 years, Annamarie, has long been instrumental in the hosting of major events in the Cork sailing calendar, including the hugely successful Irish Sailing Youth Nationals earlier this year and the biannual Volvo Cork week. She has placed the removal of financial and social barriers to sailing as central to her tenure as admiral.

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Clearstream celebrates ten years in Cork

Clearstream’s Cork office marked its 10-year anniversary in October, a decade of remarkable growth and transformation.

Starting with 300 employees in 2014, the office has now grown to over 600 staff members by 2024. A significant milestone during this period was the move to state-of-theart premises at Navigation Square, situated in the vibrant heart of Cork’s business district. This expansion mirrors the growth of Clearstream’s fund services business while also establishing Cork as a vital IT hub for the Deutsche Börse Group, further solidifying the office’s strategic importance within the organisation.

Merry Christmas From all of us at Cork Chamber.

Cork Chamber will close for Christmas at 3pm on Friday 20th December 2024 re-opening on Thursday 2nd January 2025.

“V-Hub was a key ingredient in our success” Gráinne Mullins, Founder, Grá Chocolates

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