Phil Hogan Consultancy Earns €1m in Brussels – Irish Times
Phil hogan Consultancy Earns Over €1 Million
What: Former European commissioner Phil Hogan‘s consultancy, Hogan Strategic Advisory Services, earned at least €1 million in 2023 through work wiht major clients including JP Morgan Chase, DLA Piper, and Enfer Labs.
Where: The consultancy operates between Ireland and Brussels, with filings submitted to the EU transparency Register detailing revenue earned for work *in Brussels*.
When: The revenue is reported for the year 2023, with filings recently made public.
Why it Matters: This reveals the financial success of Hogan’s post-EU career following his resignation as EU trade Commissioner amidst the “Golfgate” controversy. The lack of full financial transparency (due to the company structure) highlights the limitations of current EU lobbying regulations.
What’s Next: continued scrutiny of lobbying activities in Brussels. Further filings will be required as Hogan Strategic advisory Services continues its operations. Potential debate around tightening regulations for unlimited companies engaged in EU lobbying.
Key Clients & revenue (Estimated)
| Client | Estimated Revenue (€) |
|---|---|
| DLA Piper | 200,000 - 300,000 |
| JP Morgan Chase (Advisory Council) | 100,000 - 200,000 |
| Enfer labs | 100,000 – 200,000 |
| Vodafone | Revenue not specified in article |
| Nexperia | Revenue not specified in article |
| Velico Medical | Revenue not specified in article |
| Total (Declared) | ≥ 1,000,000 |
Hogan Strategic Advisory services is an unlimited company incorporated in Ireland, meaning it is indeed not legally required to publish full annual accounts.
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