Spain Business-Ireland

The Maritime Area Regulatory Authority (MARA) has launched its first Statement of Strategy 2024 – 2027 Maritime Area Regulatory Authority is an independent body in Ireland under the aegis of the Department of the Environment, Climate and Communications (DECC) to oversee the sustainable management and regulation of Ireland's maritime areas. It plays a key role in implementing the Maritime Area Planning Act 2021, which governs activities from the high-water mark to the continental shelf's outer limits. MARA's first strategic plan (2024–2027) focuses on #sustainabledevelopment and environmental stewardship, underlining the importance of Ireland’s seas to its culture and economy. The agency actively seeks public input to refine its regulatory priorities and policies for the coming years. 👉 For more details, visit the MARA website: https://bit.ly/3B9YW8p

The Guide to Incentives for Setting up in Ireland, prepared by the Spanish Economic and Commercial Office in Dublin, is now available. This guide includes the main institutions that exist in Ireland to promote investment and the different fiscal, sectorial or regional incentives promoted by the government to attract foreign investment. Access the complete document here: https://shorturl.at/PR5ug

🍷 Wine Consumption on the Rise in Ireland According to the latest Wine Report 2024 by Drinks Ireland - Ibec, wine remains Ireland’s second favourite alcoholic beverage, with over 9 million cases sold in 2023—a nearly 7% increase from the previous year. #Spain continues to shine, ranking as the second-best-selling wine country in Ireland, following Chile. This solidifies Spain’s position as a key player in the #Irishwinemarket. Interestingly, there is with a growing preference for quality over quantity, especially among younger generations like Gen Z. 🍇 Key insights from the report: - Wine’s market share in Ireland grew by 5.9% in 2023, reaching 28.3%. - Chile leads the market, but Spain, Australia, and France follow closely. - White wine dominates with 48% of the market share. - Despite rising excise duties, wine remains a significant contributor to the Irish economy. As #Spain continues to be a prominent choice for Irish wine lovers, this growth underscores the strength of Spain's wine industry and the expanding opportunities for Spanish producers in Ireland. 🍷 👉 See the full report here: https://bit.ly/4emjbgI #SpainBusinessIreland #IrishWineMarket #WineReport2024 #SpanishWine #EatSpainDrinkSpain #FoodAndDrinkIndustry

🚀 Bankinter’s Irish Mortgage Lending Outpaces Home Market in Spain!  Bankinter’s Irish mortgage book has experienced exceptional growth over the past 12 months, surpassing their performance in Spain and Portugal. Key highlights: 41% YoY growth in Avant Money’s mortgage book, reaching €2.7 billion. 8% share of new Irish home loans, outpacing Spain (7%) and Portugal (6.9%). 37% increase in new lending for the first nine months of the year, totaling €900 million. 18% rise in Avant Money’s consumer credit book, now at €900 million. 7% growth in net interest income, reaching €73 million. 12% increase in pretax profit, totaling €290 million. Bankinter is on track to become a fully-fledged banking branch in Ireland by mid-2025, enabling them to offer deposit services. This strategic move is not just about deposits but also about cross-selling other products to better serve their customers. This development underscores Bankinter’s commitment to the Irish market and their confidence in its potential. It also bodes well for competition in the Irish banking sector, potentially leading to more competitive rates and innovative products for consumers. #Bankinter #AvantMoney #MortgageLending #FinancialGrowth #Ireland #Spain https://lnkd.in/dcvsNSeV

💊 Ya está disponible la ficha sobre el sector farmacéutico en Irlanda, elaborado por la Oficina Económica y Comercial de España en Dublín.   La industria farmacéutica irlandesa representa más del 50 % del valor total de las exportaciones del país, convirtiéndolo en el quinto mayor productor de fármacos del mundo. Los productos farmacéuticos son al mismo tiempo la principal importación y exportación entre España e Irlanda.   El mercado farmacéutico irlandés facturó 2.968 millones de euros en 2023, equivalente a un gasto per cápita de 587 euros o un 8,9 % del gasto sanitario. Se prevé un crecimiento de las ventas en torno al 4 % a la par que una reducción en el peso de las ventas farmacéuticas respecto al gasto total en salud. En Irlanda operan 213 fábricas de más 90 compañías farmacéuticas entre las que se encuentran 19 de las 20 mayores farmacéuticas internacionales, principalmente americanas que han convertido a Irlanda en su base europea.   España ocupa la 6.ª posición en el ranking de proveedores de fármacos a Irlanda, con 1.912 MEUR en químicos orgánicos y fármacos exportados en 2023. Destaca especialmente en la exportación de vacunas, sangre, antisueros, toxinas y cultivos, de los que es el segundo mayor exportador después de EE. UU. Grifols es la farmacéutica española con mayor presencia en Irlanda, donde tiene su centro de distribución global y una planta de producción en construcción. #IndustriaFarmacéutica #Exportaciones #Irlanda #España #Farmacia #Grifols

✨ Celebrating Spanish Culture at the Eat Spain Drink Spain Quiz!🍻 On October 11th, we hosted the Eat Spain Drink Spain Quiz at the Instituto Cervantes in Dublin, an evening full of fun, learning, and of course, delicious Spanish food and drink! 👏Participants enjoyed six interactive quiz rounds, discovered fascinating facts about Spanish beer culture, and indulged in a fantastic selection of Spanish cheeses, cured meats, and tapas. 🎤A big congratulations to the winning teams, who took home a basket of premium Spanish products! A huge thank you to our wonderful hosts, Ali Dunworth and Blanca Valencia, for guiding us through the night with their expertise and passion for Spanish gastronomy. 🙏 We’re also deeply grateful to all the Spanish companies who contributed their outstanding products. A special thanks to Estrella Galicia Internacional for providing their exceptional beers, which were a highlight of the evening. Looking forward to continuing our journey of sharing Spain’s rich culinary heritage! Finca la Torre, Mas Tarrès, Nobleza del sur. Extra Virgin Olive Oil, Castillo de Canena EVOO, VERA FOODS, INC., Quillo Snacks & Chips, Bodegas Marqués de Cáceres, DEHESA DE LA LUNA SA, Entrecanales Domecq e Hijos, Compañía Vitivinicola del Norte de España. #EatSpainDrinkSpain #SpanishCulture #InstitutoCervantes #Tapas #SpanishProducts #EstrellaGalicia

🌿 A Celebration of Spanish Olive Oil and Gastronomy 🌿   This past Thursday, October 10th, we had the pleasure of hosting a unique Olive Oil Workshop for Trade and Media at the beautiful Airfield Estate Demo Kitchen in Dublin. The event, led by renowned Spanish food expert Blanca Valencia, was a culinary journey through Spain's finest extra virgin olive oils and vinegars.   Blanca Valencia guided us through the rich flavors of Spain’s iconic olive varieties—Picual, Arbequina, and Hojiblanca—and introduced us to the art of pairing these oils with fresh ingredients. From savory gildas made with el capricho anchovies to delicious air dry beef and sobrasada Iberica from verafoods and lemon curd, olive oil chocolate cake, each recipe was a true testament to the versatility of olive oil in both cooking and baking. 🍋🍰🐟   We were also thrilled to feature Mojama from the brand UNION SALAZONERA ISLEÑA S.A., a delicacy that was perfectly showcased in the tasting, adding a rich, authentic touch of Spain’s coastal traditions.   Special thanks to Cinta Rambado from La Choquera Bistro for her participation, bringing an extra layer of expertise and flavor to the event!   Paired with wines from Spain’s top D.O.s, the entire experience was nothing short of delightful. COMPAÑIA VITIVINICOLA TANDEM SA, LIBRE Y SALVAJE, Bodega Hermanos del Villar, S.L., BODEGAS Y VIÑEDOS MONTEABELLON SL., Castillo de Canena EVOO, Finca la Torre, Olis Solé SL, Nobleza del sur. Extra Virgin Olive Oil, LA ROUSSE FOODS LTD, Sarah Merrigan, Bodegas Roda, Nobleza del sur. Extra Virgin Olive Oil, Sarah Merrigan (Sarah and Olive), VERA FOODS, INC., Quillo Snacks & Chips, Cassidy Wines, Mackenway Distributors Limited   Thank you to everyone who joined us in exploring the rich culinary heritage of Spain. A special thank you to Blanca Valencia and Cinta Rambado for sharing their passion and expertise in Spanish cuisine!   Stay tuned for more events and, in the meantime, enjoy these photos from the workshop! 📸 #OliveOil #Mojama #CulinaryArts #SpanishCuisine #ExtraVirginOliveOil #TradeEvent #Gastronomy #FoodExperience #AirfieldEstate #BlancaValencia #CintaRambado #LaChoqueraBistro

🌍🔋 A new study by the Economic and Social Research Institute (ESRI) models the impact of delays in renewable energy projects caused by the Irish planning process. ♻In 2023, Ireland set a record high for renewable energy use, with 23.38 TWh helping to avoid 7.4 MtCO2. 2024 is poised to set a new benchmark, with new projects coming online and an additional 1.3 GW of renewable capacity secured in the RESS-4 auction. Ireland is well on its way to achieving the government’s ambitious target of 80% renewable electricity by 2030, however, the biggest hurdle remains the lengthy and complex authorization process. 📈 This study shows that delays can lead to a 10% increase in wholesale electricity prices and a 4% rise in CO2 emissions, and recommends more frequent application windows for grid connections, as well as better coordination between regulatory bodies. Check out the full study here: http://bit.ly/4eM1d88 💡

🎨🍽 Art & Gastronomy Event - October 3rd 🍽🎨   On October 3rd, we hosted the Art & Gastronomy event, part of the #EatSpainDrinkSpain campaign, celebrating the richness of Spanish cuisine and art here in Ireland.    The event, organized and presented by food writer and gastronomy expert Blanca Valencia explored Spanish paintings from the National Gallery of Ireland through a gastronomic lens.  From exquisite Spanish wines to the finest Iberian products, it was an evening that brought together gastronomy lovers and cultural enthusiasts, offering a unique blend of Spain’s culinary diversity with artistic expression. A huge thank you to all the participants, the companies involved, and the Spanish Ambassador for their incredible support. We are also immensely grateful to the Instituto Cervantes team and especially to Blanca Valencia for their indispensable contributions in making this event a success.   We're excited for what’s ahead! Stay tuned and join us at our future events. Discover what’s coming up in Ireland through the following link: https://bit.ly/ESDSIreland   📸 Here are some pictures from the event to relive those special moments! #ArtAndGastronomy #CulturalEvent #ArtAndCulture #InstitutoCervantes #Networking #UpcomingEvents #JoinUs   Bodega Cuatro Rayas, Castillo de Canena EVOO, BODEGAS Y VIÑEDOS MONTEABELLON SL, ADEGAS TERRA DE ASOREI SL, Adegas Valmiñor, S.L. - Ébano Viñedos y Bodegas, S.L.U, Sarah Merrigan (Sarah and Olive), VERA FOODS, INC., Quillo Snacks & Chips, Castillo de Canena EVOO, Finca la Torre, Olis Solé SL, Nobleza del sur. Extra Virgin Olive Oil, LA ROUSSE FOODS LTD, Sarah Merrigan, Bodegas Roda, Nobleza del sur. Extra Virgin Olive Oil, UNION SALAZONERA ISLEÑA S.A., Cassidy Wines, Mackenway Distributors Limited

🍀 Ireland will establish new labelling on alcoholic beverages⚠️   In 2026, Ireland will become the first country in the European Union to introduce labeling on alcoholic beverages to warn of the link between alcohol consumption and cancer. The World Health Organization, understands that this step could reduce alcohol consumption and may have a ripple effect, encouraging other countries to follow suit.   🍷 From the economic and commercial office, we will follow closely this new regulation to allow exporters to adapt accordingly.   More info here: https://lnkd.in/dy-jw7eN