Irish firms win €200m of Olympic contracts

Irish companies have won contracts worth more than €200 million in the provision of the London Olympic and Paralympic Games, …

Irish companies have won contracts worth more than €200 million in the provision of the London Olympic and Paralympic Games, Minister for Enterprise, Trade and Innovation Batt O’Keeffe said today.

The contracts cover a range of sectors, from construction and architecture to electronics, software and renewable energy, with companies such as contractors John Sisk & Son and P Elliotts signing up.

The announcement came as the a senior delegation from the Olympic Delivery Authority (ODA) visited Dublin.

Mr O'Keeffe said the Olympic Games was "a significant project that requires the highest levels of innovation, quality and professionalism among providers".

"The ongoing co-operation between the ODA and Enterprise Ireland has resulted in valuable business opportunities and jobs for Irish firms and their workers," he said.

"And the impact of the contract wins will have knock-on revenue implications for Irish sub-suppliers."

He called on other Irish companies to take advantage of the opportunity and attempt to secure contracts in the next phase of preparation for London 2012. Enterprise Ireland and the ODA are hosting a joint seminar tomorrow for Irish companies.

There are a large number of contracts still to be awarded, including security, catering, mobile buildings, waste management and venue fit-out.

Chief executive of Enterprise Ireland Frank Ryan said the games represented a huge opportunity for Irish firms, with export-led growth a key factor in economic recovery.

"The Irish successes to date prove that Irish companies can compete against global competitors and win these prestigious and important contracts," he said.

'Pursuing the substantial opportunities that are available in the UK at the moment can provide the perfect launch pad for Irish firms seeking export-led growth in overseas markets."

Ciara O'Brien

Ciara O'Brien

Ciara O'Brien is an Irish Times business and technology journalist