Google’s main Irish subsidiary has seen an almost five-fold in increase in profits to €47.5m last year. The search giant attributes the rise in turnover, revenue and number of employees to strong growth in the online advertising market.
Google Ireland Ltd’s turnover increased to €7.9bn in 2009, up from €6.7bn the previous year, according to accounts filed at the Companies Registration Office.
The growth had continued into 2010, said John Herlihy, Google’s vice-president of online sales and operations.
Google’s Irish operations were established in 2004, and serve as headquarters for the Europe, Middle East and Africa region. The Irish operations also provide technical, sales and operations support to customers in more than 50 countries.