More than 4,100 new companies formed in October

An average of 146 new startups were formed every day in October

Insolvencies fell by 12 per cent in October

More than 4,100 new

companies and businesses were formed in October, an average of 146 every day, new figures from credit risk analysts Vision-net.ie show.

Meanwhile, insolvencies fell by 12 per cent to 129 with the number of insolvent firms in the real estate sector down by 89 per cent.

The figures showed that the number of startups in wholesale and retail services rose by 74 per cent to 240 while startups in ...