McDonald’s Ireland contributed €6.2 million to Galway economy

McDonald’s Ireland has revealed that the company contributed €6.2 million directly to the local economy in Galway in 2017, through restaurant activity, employee salaries, and taxes.

McDonald’s has launched an economic impact report, ‘McDonald’s in Ireland’, highlighting the significant economic contribution of the company in Ireland. In total, McDonald’s contributed €196 million directly to the Irish economy.

McDonald’s also confirmed that it is a significant employer in Galway, employing 284 people in its three restaurants in Galway, on Shop Street, Headford Road Retail Park, and Seamus Quirke Road, supporting valuable local employment in the area.

McDonald’s is one of the largest employers in Ireland, with 5,942 people employed in 95 restaurants and its head office.

Local McDonald’s franchisee in Galway, Aaron Byrne said this report highlights the positive impact McDonald’s has in Galway and indeed on a national scale.

“While McDonald’s is a global brand, the franchise model means we are a collection of small local businesses who are embedded in our communities. I am proud to support local jobs and the local economy in Galway and will continue to have an active role in the community.”

The report also found that €4.4 million worth of Irish produce was purchased by McDonald’s from suppliers in Galway, providing another boost to the local economy. The total value of Irish produce bought by McDonald’s for export to other European McDonald’s restaurants was estimated to be worth at least €163 million in 2017.

 

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