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" It's much more difficult running a business than buying one. "

Martin Naughton

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" Being Irish means you belong to the clan. It's what you feel. They feel Irish. "

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" I think we're much harder on ourselves than other people are. This is not a unique situation here... But I never liked the 'Celtic Tiger' as a phrase. "

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" There's a herd instinct, and every time that people hear an announcement such as PayPal's in Dundalk, they start thinking, 'Ireland must be good if they're investing there', and by extension, 'Dundalk must be good, so let's have a look at it.' "

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" Making new products is an easy tap for a company in a recession. "

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" The only way you can acquire anything is by writing a cheque. At the end of the day you're writing a personal cheque, which tends to concentrate the mind. "

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" I don't think I'd enjoy running a public company. We haven't needed to go to the market to fund expansion. "

Martin Naughton

" We see China becoming an unstoppable force. It's a huge threat and a huge opportunity. "

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" We cannot rely on imported fuels forever, and we aim to replace traditional oil and gas boiler systems with products which are much more efficient. "

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" There are still a lot of people who have the expectation that they're entitled to everything and want to pay for nothing. "

Martin Naughton

" You can't run a €10 million business the way you run a €1 million business. "

Martin Naughton

" I find politicians globally are somewhat disappointing, not just in Ireland. "

Martin Naughton

" We recognised from the start that we couldn't just stay in the U.K. and Ireland markets. We have always looked to the products of the future. I've always said, 'If you don't innovate, you'll evaporate.' "

Martin Naughton