NEWS


CEOs remain optimistic despite geopolitical uncertainty


Ibec has released its annual CEO survey, revealing that CEOs in Ireland remain largely optimistic about the broader business environment, in line with expectations for 2024. Looking ahead, most CEOs (88%) anticipate that the cost of doing business will continue to rise in  expect increased demand and turnover, along with  that remain largely unchanged from recent trends. The research, conducted predominantly before  shows that political uncertainty in Ireland as a ‘business risk’ has notably decreased compared to the previous year. However, on the international front, there is growing recognition of the impact – or potential


Industry Sector


2022 (202)


Other 9%


Manufacturing 32%


2023 (234)


Other 3%


Manufacturing 35%


c %


2024 (213)


Other 5%


Manufacturing 36%


impact – of rising geopolitical risks on businesses. Concerns over international trade and the risk of tariffs have increased by 8% since 2024, making them a key external priority for CEOs. The top two policy  housing (78%) and cost of doing business (74%). 


by CEOs are the overall cost of doing business (62%), talent retention, upskilling, and attraction (51%), and improving productivity (47%). Externally, the primary concerns are the cost of doing business (79%), business regulation and ease of doing business (54%), and international trade risks (30%). Fergal O’Brien, Ibec’s executive director of lobbying


 overall outlook remains positive, recent geopolitical 


Crusoe opens European headquarters in Dublin


 integrated AI infrastructure provider, has announced its European headquarters in Dublin.


With the support of the Irish


Services 59%


Services 62%


Services 59%


government through IDA Ireland, Crusoe expects to grow its workforce in Ireland to approximately 100 people over the next three years. The company is hiring for multiple roles in Dublin across its networking, site reliability engineering, customer success, and support departments. Crusoe’s new European headquarters will


GE HealthCare Invests $138 Million in Cork manufacturing facility


GE HealthCare has announced a $138 million investment to expand its Carrigtowhill, Cork  Ireland.


A new state-of-the-art facility on the grounds of the existing site will enable 25 million more patient doses per year of contrast media by the end of 2027, helping address growing global demand. Contrast media are injectable diagnostic imaging agents used to enhance visualisation of organs, blood vessels and tissues during medical imaging. The new 3,000 square metre facility – which will


support both established and pipeline products – will include solution preparation vessels, multi-  line and autoclaves, with advanced automation systems underpinning production.


www.irish-manufacturing.com


Kevin O’Neill, president and chief executive of GE HealthCare’s Pharmaceutical Diagnostics  demonstrates our broader commitment not just to address future demand, but also to increase resiliency and security of industry 


allow the company to deepen its customer and partner relationships across the region. In December 2023, the company announced  Iceland. Powered by geothermal energy, the 100% renewable energy data centre continues to support AI workloads for customers across Europe. Chase Lochmiller, Crusoe’s chief executive  European headquarters in Dublin marks another milestone in Crusoe’s global strategy.  technology hub, and its exceptional talent pool, makes it the perfect location to forge stronger connections with our European  Niamh Smyth, Minister of State for Trade    in the EU, and having Crusoe choose Ireland as their European Headquarters is another  


opportunities for many of our skilled 


Irish Manufacturing February 2025 9


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