Saturday September 26, 2020

Examinership saves 959 SME jobs in 2012

The number of jobs saved by examinership could double in 2012, as new legislation is set to make the process easier.

21st December, 2012

As many as 959 SME jobs were saved through the examinership process in 2012, according to an index published by accountancy firm Hughes Blake.

This figure represents a year on year increase of 67 per cent on 2011, during which 574 jobs were saved. It could double in 2013, the firm said.

The figures come as new legislation is set to be passed by the government which will allow SMEs to apply directly to the Circuit Court for examinership.

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