Eurozone map
Doing Businessin the Eurozone
Eurozone Germany
Doing Businessin the Eurozone

Eurozone Market Insights

The Eurozone is one of the world’s largest economic regions. Its currency, the Euro, is the second most traded globally and is considered one of the strongest in the world. With a population of over 447 million, the Eurozone benefits from ongoing economic growth and significant post-Covid investment and recovery programmes driving opportunity across the region.

Key Statistics

447 million population

8 Enterprise Ireland offices

Potential export market of €38 billion

The Opportunity

When Ireland joined the Euro in 2002, it created an unprecedented opportunity to extend our domestic market into the single market with zero currency risk. Yet today, the Eurozone represents a largely untapped opportunity for Irish exporters. The stability offered by a shared currency, a simplified trading environment and significant post-Covid investment programmes at EU and national levels are only some of the reasons why the market should be high on the agenda for Irish businesses looking to expand their reach.

Economic indicators look bright. Over the next number of years, the EU has signed off on an investment programme of over €750 billion to make Europe more green and digital. This investment is more that just a Covid-19 recovery plan but it is generating now opportunities across the region in multiple sectors.

Enterprise Ireland supports

Knowledge of the competitive environment within new markets is the key to successful export growth. Enterprise Ireland’s Market Research Centre offers client companies access to key market intelligence needed to explore opportunities and compete internationally.

We also support Irish businesses with local knowledge and sectoral expertise through our global network of Market Advisors as well as a suite of tailored Eurozone supports.

Enterprise Ireland has eight Eurozone offices based across Paris, LyonBrusselsAmsterdam, Dusseldorf, Munich, Milan and Madrid. Here are some of the benefits of doing business in the Eurozone:

    No Currency Exposure

    Simplified trading environment

    Investment-driven opportunities

    Exporting to the Eurozone

    Entering a new export market will always pose challenges, in particular, language and cultural barriers and different ways of working.

    A critical success factor of entering any new region is having a focused strategy that includes extensive market research as well as resource and time commitment. With the right strategy in place, your business will be able to overcome the common obstacles of expanding into new territories.

    Six key steps

    Step 1: Market selection

    Step 2: Market research and validation

    Step 3: Refine value proposition and communications strategy

    Step 4: Identify route to market and localization requirement

    Step 5: Put resources (financial and people) in place

    Step 6: Finalise Market Entry Plan

    Enterprise Ireland has a package of tailored supports to help Irish companies on their export journey from funding and market insight to language training and a network of Eurozone offices.

    Enter the Eurozone, Management Development Programme

    The Enter the Eurozone programme is an unique offering of face-to-face and online education modules, workshops and one-to-ones to build your market plan for entering a specific Eurozone market. Delivered by ESMT European School of Management and Technology Berlin, this award-winning programme is also supported by one-to-one Business Advisors led by IMS Marketing. The programme is aimed at CEOs and one senior colleague of Irish companies currently exporting with no significant presence in a Eurozone market.

    Market Research Centre

    Provides access to valuable business intelligence reports that detail relevant company, market and sector information. Learn more.

    Market Discovery Fund

    Helping companies to research new markets by providing funding to hire market consultants, determine barriers, assess competitive landscapes and develop viable and sustainable market entry strategies. Learn more.

    Enterprise Ireland Market Advisers

    The Market Advisers in our six European offices have the local knowledge, connections and expertise to advise on growing your Eurozone sales. 

    GradStart Subsidy for Language Graduates

    Salary support for the recruitment of graduates with language fluency. Learn more.

    Eurozone Consultancy Support

    Advice and support on the necessary steps and preparation to successfully enter the Eurozone. Contact our team of Eurozone advisors.

    France

    Patrick Torrekens

    patrick.torrekens@enterprise-Ireland.com

    Enterprise Ireland Paris Office,
    33 Rue de Miromesnil,
    75008,
    Paris,
    France

    00 33 (0) 153 43 12 00

    Germany

    Manus Rooney

    manus.rooney@enterprise-ireland.com

    Enterprise Ireland Düsseldorf office
    Derendorfer Allee 6
    40476
    Düsseldorf
    Germany

    00 49 (211) 4705920

    Spain

    Alberto Cisterna Viladrich

    alberto.cisterna@enterprise-ireland.com

    Enterprise Ireland Madrid Office
    Casa de Irlanda
    Paseo de la Castellana, 46-2
    28046
    Madrid

    00 34 91 4364 086

    Italy

    John Roche
    Director Italy
    Tel: +39 348 783 5500
    Email: john.roche@enterprise-ireland.com 

    Address
    Enterprise Ireland Milan Office
    Via Edmondo de Amicis 53
    20123 Milano
    Italy

    Telephone
    +39 02 880 0991

    Belgium, Netherlands & Luxembourg

    Richard Engelkes

    richard.engelkes@enterprise-ireland.com

    World Trade Centre
    Strawinskylaan 1351
    1077XX Amsterdam
    The Netherlands

    Mobile: 0031 6 51 37 37 22
    Phone: 0031 20 676 31 41

    Kim Horion

    kim.horion@enterprise-ireland.com

    Enterprise Ireland Brussels Office
    Sablon Tower
    Rue Joseph Stevens 7
    1000 Bruxelles
    Belgium

    Phone: 0032 (2) 893 2134

    Mobile: 00 32 474 591 393

    Going Global Guide

    Download our Going Global guides for Germany, France, Belgium & Luxembourg, Netherlands, Spain and Italy.

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    Netherlands

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    Italy