Results 1,141-1,160 of 4,073 for speaker:Mary Mitchell O'Connor

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I hear what the Deputy is saying. We are adding to IDA Ireland's 275 staff, for example, by taking on graduates as part of another programme. We have made additional staff available in America under the Winning Abroad initiative, which was launched by IDA Ireland in mid-2014. I have just extended the funding of that initiative to make sure experienced people continue to be available to the...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I thank the Chair for giving me an opportunity to explain that. Brexit will have an impact on our exporters. Enterprise Ireland deals with that client base here in Ireland. It has been dealing with approximately 1,500 companies on a weekly or daily basis since last year's referendum in the UK. It has contacted each of those companies to go through their accounts. It knows the weaknesses...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: The Deputy has said that there has been a reduction in the targets for the LEOs. The target for 2016 was for the LEOs to create 2,500 jobs, but they created 4,100 jobs. It was an exceptional year. The target for this year is 3,100. We hope this modest target for the LEOs will be exceeded. The Deputy also asked about Enterprise Ireland's response to Brexit. Enterprise Ireland has been...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I want loads and loads. InterTrade Ireland has been very successful. It has created approximately 2,100 jobs this year. It is working along the Border. It is working with companies that are trading across the Border. I urge any members of the public listening to this committee to go to the InterTrade Ireland website where one can see the resources that it is offering, particularly for...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: We have a service level agreement with each of the agencies. As Minister, I am always looking at the bottom line. The metric that I use is how many jobs are being created. We obviously want value for money. There are commitments in the programme for Government, such as the €200 million for IDA Ireland, to ensure they can create jobs in the regions. The commitment to create 200,000...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: Most contracts will be for three years. I have had the great pleasure of meeting staff from Enterprise Ireland and IDA Ireland in Ireland and abroad. The Deputy would be so proud of them. They are experts in their field. They have sectoral knowledge and expertise. If we were recruiting for a role involving biopharma, the person employed would be an expert in biopharma. There are also...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: Language is hugely important to them. We have, for example, targeted growth in China, India, Asia, the Gulf and Latin America. They would employ people from those countries to ensure the communication is good between companies that might be thinking of coming to Ireland or, even more important, our indigenous companies that might be thinking of going abroad. I talked about sectoral...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I regularly meet the IDA officials formally and informally. That would be a topic that came up. I have raised it with the chief executive again since we discussed it in the Dáil - I think it was last Wednesday or Thursday. Of course, I would like to see more site visits, but I again make the point that site visits are not the be-all and end-all. Many of the jobs that are announced...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I can compare it with Irish job creation. The Deputy talks about it being verified. I cannot verify anything because we just finished that programme last Sunday. There is a legal dispute and we cannot verify anything until after that legal dispute is resolved. On 27 March I wrote to the committee Chairman. We will set up the commission shortly. The timeline associated with the review is...

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: With Enterprise Ireland it is €11,100. With IDA Ireland it is €10,500. With the LEOs it is €8,800. I will get the international figure for the Deputy. They are the Irish figures on what it costs us to support jobs.

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: No.

Select Committee on Jobs, Enterprise and Innovation: Estimates for Public Services 2017
Vote 32 - Jobs, Enterprise and Innovation (Revised) (28 Mar 2017)

Mary Mitchell O'Connor: I thank the Chairman and officials.

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Companies Act 2014 (Section 1313) Regulations 2017: Motion (28 Mar 2017)

Mary Mitchell O'Connor: I am here to introduce the regulations made pursuant to section 1313 of the Companies Act 2014 to the Oireachtas Joint Committee on Jobs, Enterprise and Innovation and seek its approval. They propose to insert additional sections of the Companies Act 2014 in the list of provisions in Schedule 14 to the Act. The aim is to apply the provisions to unregistered traded companies. The reason the...

Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Companies Act 2014 (Section 1313) Regulations 2017: Motion (28 Mar 2017)

Mary Mitchell O'Connor: Yes.

Written Answers — Department of Jobs, Enterprise and Innovation: Legislative Process (28 Mar 2017)

Mary Mitchell O'Connor: The Companies (Accounting) Bill 2016 passed all Stages in Dáil Éireann on 22 March 2017. It is scheduled for Second Stage in Seanad Éireann on 4 April 2017. The timing of enactment of the Bill will depend on the availability of parliamentary time. Both the Bill and the Accounting Directive (Directive 2013/34/EU), which it transposes, are technical pieces of legislation. This...

Written Answers — Department of Jobs, Enterprise and Innovation: Low Pay Commission Remit (28 Mar 2017)

Mary Mitchell O'Connor: The Low Pay Commission was established through the National Minimum Wage (Low Pay Commission) Act 2015.  Its principal function is, once each year, to examine the national minimum hourly rate of pay and to make a recommendation to the Minister respecting the rate, ensuring that all decisions are evidence-based, fair and sustainable, and do not create significant adverse consequences for...

Written Answers — Department of Jobs, Enterprise and Innovation: Income Inequality (28 Mar 2017)

Mary Mitchell O'Connor: I am aware of the Irish Congress of Trade Union’s report Because We’re Worth It The Truth about CEO Pay in Ireland. In general, executive remuneration is a private contractual matter between a company’s board of directors and the CEO. At EU level, a new Shareholder Rights Directive is expected to be adopted shortly. The Directive’s ambition is to ensure...

Written Answers — Department of Jobs, Enterprise and Innovation: European Fund for Strategic Investments (28 Mar 2017)

Mary Mitchell O'Connor: The European Fund for Strategic Investment, EFSI, is an EU initiative launched jointly by the European Investment Bank, EIB, Group and the European Commission. The initiative is designed to help overcome the  low levels of private investment in in key areas such as infrastructure, education, research and innovation, as well as risk finance for small businesses in the European Union by...

Written Answers — Department of Jobs, Enterprise and Innovation: Job Losses (28 Mar 2017)

Mary Mitchell O'Connor: Over recent months, since this company began a global assessment of its international operations, the Government, through IDA Ireland, has been intensively engaged with its senior management to try and safeguard their continuing presence in Nenagh. These efforts included highlighting the supports which the State could offer to help secure the future of their...

Written Answers — Department of Jobs, Enterprise and Innovation: Brexit Issues (28 Mar 2017)

Mary Mitchell O'Connor: I propose to take Questions Nos. 573 and 591 together. As a small open economy, Ireland operates in an environment of continuous and fast-paced change globally – and has done for decades. In today’s increasingly inter-connected world, geopolitical, technological and financial forces that happen elsewhere have implications for Ireland’s economic growth. ...