State-sponsored bodies of the Republic of Ireland in the context of "Irish Steel"

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👉 State-sponsored bodies of the Republic of Ireland in the context of Irish Steel

Irish Steel Limited (Irish: Cruach na hÉireann Teoranta), later known as Irish Ispat Limited, was an Irish semi-state company which was involved in steel production primarily from a plant on Haulbowline island in Cork Harbour. Originally founded in 1939, the company and its assets were sold to Ispat International (later known as Mittal Steel Company) (for IR£1) in 1996. The company and its plant closed down in 2001.

Dumping of production materials, including toxic waste, resulted in significant contamination of the Irish Steel plant site, and increased the size of Haulbowline island by 9 hectares (22 acres). Campaigners, including Erin Brockovich, pushed for action by the state, and €61m was allocated to clean-up the site and to redevelop it as a park. The cleanup and redevelopment project lasted upwards of a decade; from 2011 to 2021.

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State-sponsored bodies of the Republic of Ireland in the context of Bord Bia

Bord Bia (English: Food Board) is an Irish semi state agency for the promotion of Irish food, drink, and horticulture in Ireland and abroad.

The agency works for small producers by promoting and certifying farmers' markets and for bigger producers by offering international marketing services.

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State-sponsored bodies of the Republic of Ireland in the context of IDA Ireland

IDA Ireland (Irish: An Ghníomhaireacht Forbartha Tionscail) is the agency responsible for the attraction and retention of inward foreign direct investment (FDI) into Ireland. The agency was founded in 1949 as the Industrial Development Authority and placed on a statutory footing a year later. In 1969 it became a non-commercial autonomous state-sponsored body. Today it is a semi-state body that plays an important role in Ireland's relationship with foreign investors, with multinationals accounting for 10.2% of employment and 66% of Irish exports. The agency partners with investors to help them to begin or expand their operations in the Irish market. It provides funding support to research and development projects, and has a number of direct support mechanisms, including employment and training grants.

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