Business in LimerickKey Industry Sectors
Doing Business in Limerick
Copy here on each of the following, separate sectors, where Limerick’s skills base and capabilities currently lie. Green Limerick filter and Brand Limerick lens must be applied.
Limerick’s status as a city and county always at the edge of innovation has never been more evident than in the digital revolution. Among the global brands to land in the first wave of the technology revolution in the region were Wang, Verbatim, Atari and Analog Devices to name but a few, their employment levels all tipping the 1,000 plus mark at peak, with the latter – now ADI – still here and investing heavily in Limerick.
The continuing growth of a strong cluster in the Lifesciences and Healthcare sector has been one of the significant trends in Limerick across the last decade. Today, some of the world’s largest companies, including those solving some of the great health challenges facing global society today, are established here.
Financial and Professional Services is another significant growth sector in the Limerick region across the last decade. The presence in the region of some of the world’s best known financial and professional services companies such as BDO, Deloitte, EY and Mazars has coupled over the last decade with an influx of IDA multi-national clients, such as wealth-management services giant Northern Trust and fin-tech and payments company Fiserv, just 20 minutes from Limerick in Nenagh, Co. Tipperary.
Manufacturing accounts for a hefty proportion of Ireland’s GDP. With our high-tech manufacturing ecosystem, Limerick keeps Ireland at the forefront of the digital transformation. We’re driving the future too. As part of the nation’s sustainable growth strategy, we have been chosen to host a new 30,000 square foot IDA Advanced Manufacturing Centre (AMC).
As the world responds to and seeks to address climate change, Limerick is a national and international flag bearer in facing this critical global challenge. It is set to become a renewable energy generation powerhouse on an international scale as the Shannon Estuary is transformed into a supply chain and logistics hub for floating wind energy production off the country’s west coast, where upwards of 70GW of energy potential exists.
Creative and media is a buzz area for Limerick after a decade in which it has enjoyed an explosion of activity. The epicentre of this is the region’s emergence as a hub for film and television production thanks to the presence of Troy Studios, which is Ireland’s largest production studio, in the National Technology Park. This has given rise to a vibrant film production ecosystem across the region, with well over 1,000 people now employed in the space at peak activity.
Limerick’s embrace of digital transformation is flourishing through the Smart Cities programme – a ‘people first’ programme that identifies the needs of the public and seeks to respond to them with digital solutions. The Smart Cities programme is a project of the European Commission and is underpinned by the Limerick Digital Strategy – the first such strategy developed by an Irish city, with Limerick also the first to undertake the Smart City initiative.
Like so much about Limerick, its retail offering comes with an edge on so many others, not just because of its special offering but also its unique personality. Whether it’s indulgent retail therapy offering up big brands, a rich ecosystem of proud independent stores or options for the most curious bargain hunter, Limerick has all the shopper needs and more.