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

Thursday June 14th, 2018

Contracts worth over €7.5 million for Irish companies were agreed during this week’s 4-day trade mission to Poland and Czech Republic led by Minister of State Pat Breen T.D. (June 14th).czech_republic

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

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

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

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

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

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

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