Corporate failures down by 25 per cent

The number of Irish companies that collapsed in the first half of the year fell by more than 25 per cent compared with the same period last year, according to new figures.

Ian Kehoe - avatar

Ian Kehoe

30th June, 2007

The number of Irish companies that collapsed in the first half of the year fell by more than 25 per cent compared with the same period last year, according to new figures.

Some 144 companies went into liquidation, examinership or receivership in the first half of this year, compared with 195 corporate failures for the same period last year, figures from Dublin business consultant Farrell Grant Sparks (FGS) show.

Construction and engineering companies accounted for almost 40 per...

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