More than 7% of large and medium enterprises have offshored some element of their business | Business Post

The most common destination for Irish-based businesses outsourcing company functions were other EU member states. Picture: Getty

More than 7 per cent of medium-to-large enterprises in Ireland have moved some element of their business abroad in the past few years. New data released by the Central Statistics Office showed that foreign enterprises were more likely to engage in the practice of moving business functions to other countries than their Irish counterparts.

Of the 1,807 foreign-owned enterprises, 217 engaged in international sourcing while 96 of the 2,371...

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Large number’ of rental properties recorded price rises beyond caps | Business PostLandlords increasingly using rent caps as ‘a reference point or anchor point for pricing decisions,’ according to ESRI report
Source: businessposthq - 🏆 8. / 71 Read more »

Executive bonuses and ESG, slow cancer drug approvals, and KPMG’s acquisitionBusiness Today: The best news, analysis and comment from The Irish Times business desk
Source: IrishTimesBiz - 🏆 6. / 77 Read more »

Ericsson suspends all business in RussiaSwedish telecom equipment maker Ericsson said today it was suspending its business in Russia indefinitely.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Asos’ earnings goal at risk from inflation and Ukraine warBritish online fashion retailer has lost business due to a suspension of sales in Russia via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »