While Dublin’s art and recreation sector doesn’t draw much FDI itself, it is a key aspect of what makes the city so appealing to investors. Dublin has long been famed for its rich culture, vibrant arts scene and never-ending choice of enjoyable events. From world-class museums and galleries, through to original
Ireland is a global centre for life sciences. In fact, it is one of the top three global exporters of pharmaceutical products in the world. Significant investments are made in pharma, biotechnology, medical devices and diagnostic operations on a country-wide basis.
Dublin itself has a proven track record for nurturing its world-leading science, engineering and health sectors. That’s because our pool of well-educated STEM professionals attracts the world’s most cutting-edge multinationals. Links with local universities also helps boosts investment in R&D. As a result, our exports in this sector are worth a phenomenal €80 billion each year.
What companies have invested in Ireland?
- At least 9 of the world’s top pharma companies
- 8 of the world’s 10 largest medical device companies, according to Enterprise Ireland
- 6 of the top 7 diagnostics companies are here too
Why businesses in the life sciences sector choose Dublin
Businesses of every type choose Dublin for its colourful culture and business-friendly tax incentives. But for companies in health, pharma and other life sciences, there’s many more reasons to set up shop in the city.
- A skilled workforce of young and highly educated professionals is readily available
- Ireland has a great reputation for compliance with regulatory agencies like the FDA and the EMA
- Dublin has a reputation for cooperation between industry, universities and research centres
- The city is home to a rich medtech startup ecosystem
- The state strategically invests in clinical and academic research through the likes of SSPC and the NIBRT
These are just some of the aspects which draw investment in Dublin from the life sciences sector. Recent investments have been made by international companies like Pfizer, Takeda and Medtronic.
Large businesses in this sector
- B Braun
- Merck Sharp & Dohme
- Johnson & Johnson
- Bristol-Myers Squibb
- Novo Nordisk
Discover other key industry sectors which attract businesses from around the globe to Dublin.
As international investment in Dublin grows, so does the city’s need for professional services. Since the early 90s, demand has consistently increased as large companies bringing FDI to the city began to centralise their functional support activities here. As a result, law, accounting, R&D, marketing, real estate and management consulting are all well represented in the city. Today, Dublin is considered a centre of excellence for global business services. Demand continues to grow as more gl
Dublin is most definitely a tech hub. And its reputation is well-deserved since efforts have been made to attract leading tech companies for decades. Way back in November 1956, IBM was the first American tech company to set up an Irish subsidiary in Dublin. (It still has a large presence here today.) The following year, Swedish multinational Ericsson invested in facilities here too. Then, in the decades that followed, big names like Hewlett Packard, Dell, Microsoft and SAP followed suit. Today, the industry employs over 37,000 people throughout Ireland and generates €3