• 42 % of firms fully or significantly ready for Brexit
  • 75 % of manufacturing firms identify customs and logistics as a major issue
  • Enterprise Ireland ‘Ready for Customs’ grant now open for applications

A new Enterprise Ireland survey of 600 companies on the PMI panel in Ireland, conducted in recent weeks for Enterprise Ireland by IHS Markit, revealed that customs and logistics are the top priorities among businesses as the 1st January Brexit deadline approaches.

This was particularly prominent among manufacturing companies with 75 % stating that customs and logistics are among their top four priority areas.

When asked about preparedness against their top four priority areas 42 % of companies were fully or significantly ready for Brexit. However, one in five companies are still understanding what they need to do as the 1st January deadline looms.

Giles O’Neill, Manager of the Brexit Unit with Enterprise Ireland, said  “Our trading relationship with UK will fundamentally change on 1st January next. This survey reveals that companies are rightly focused on the customs and logistics challenges. Regardless of the outcome of negotiations there will be new customs procedures for Irish firms carrying out business activities to, from or through the UK.

Read the full article here

Via Enterprise Ireland