Intel Ireland is named FDI of the year

Intel wins the award for FDI of the year at the Business and Finance Irish Business Awards 2019

Director of Public Affairs at Intel Ireland, Hugh Hardiman, receives the FDI of the year award from Martin Shanahan, CEO of IDA Ireland

On Thursday December 12th the annual Business and Finance awards took place at the Convention Centre in Dublin. The Business and Finance Awards Programme was established in 1974 and over the past 45 years it has become the longest running and most coveted business awards programme in Ireland. The awards recognise some of Ireland’s most significant business success stories and the most outstanding business leaders of our time.

At this year’s awards ceremony Martin Shanahan, CEO of IDA Ireland, presented the FDI (Foreign Direct Investment) of the Year Award to Intel Ireland in recognition of Intel’s continued commitment to Ireland. Intel recently celebrated 30 years of operations in Ireland and since first deciding to locate its technology campus in Kildare in 1989, has invested over $15 billion in creating one of the world’s most technologically advanced manufacturing facilities that produces some of the most advanced products on the planet.

The work that Intel undertakes at its Leixlip campus is world class and unique in terms of its scale and complexity and has had a very significant impact on both the local and national economy in many ways. For example, Intel Ireland contributes €1.08 billion each year to the Irish economy and supports 6,669 full time equivalent jobs in the economy which are in addition to the 4,900 people working for Intel. 771 Irish suppliers are supported each year with who Intel spends €284 million. In the past 3 years Intel have donated more than €3 million to communities across Ireland and every year contributes €1.3 million to education initiatives.

Also on the night, Mario Draghi – who is widely credited with stabilising the Euro during one of the most turbulent periods for the Eurozone – was recognised with the Sutherland Leadership Award, established in honour of  the late Peter Sutherland, former Irish Commissioner to the EU, who was also World Trade Organisation director general and Goldman Sachs international chairman.

Lord David Puttnam CBE received the TK Whitaker Award for Outstanding Contribution to Public Life. The TK Whitaker Award was established in 2016 to mark the 100th birthday of Dr. Ken Whitaker. The Award recognises Irish and international political and social leaders who have made a unique contribution to public life. On receiving his award Lord Puttnam reflected on his strong roots with Ireland and the responsibility of leaders to rise to the challenge, saying:

“I’m immensely honoured to be the 2019 recipient of the TK Whitaker Award. Aware that Ken Whittaker played such a significant role in Irish life after the age of eighty, this recognition offers the challenge, as well as the opportunity, to become a genuinely useful citizen to my adopted country.”

This year’s Business Awards were judged by a panel of 23 high-level representatives from business, academia, media and semi-state bodies—including past winners such as Dómhnal Slattery, CEO, Avolon and Denis O’Brien, Owner, Communicorp—and chaired by Prof Frances Ruane, Chair of the National Competitiveness Council and Former director of ESRI.

Employees from Intel are pictured accepting the FDI of the year award

 

Additional information about Intel is available at:

Web – intel.ie |  Twitter – @Intel_IRL  |  Facebook – Intel Ireland

Media contact: Sarah Sexton |  sarah.sexton@intel.com  | + 353 1 606 8537 

About Intel

Intel (NASDAQ: INTC), a leader in the semiconductor industry, is shaping the data-centric future with computing and communications technology that is the foundation of the world’s innovations. The company’s engineering expertise is helping address the world’s greatest challenges as well as helping secure, power and connect billions of devices and the infrastructure of the smart, connected world – from the cloud to the network to the edge and everything in between. Find more information about Intel at newsroom.intel.com and intel.com.

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