Collapse of company leads to loss of 109 jobs
More than 100 employees of a Co Wicklow manufacturing company have lost their jobs following the discovery of a series of major accountancy discrepancies in the company’s books.
Ian Kehoe
Swedex, a manufacturer of Swedish windows and doors, collapsed last week with multi-million euro debts and the loss of 109 jobs. The High Court put the company into provisional liquidation on Friday, following a petition by the company’s directors.
Many customers who paid deposits for doors and windows will lose significant sums. The court was told the company’s directors had discovered accounting errors earlier this year. The errors came to light following the appointment...
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
