Almost 700 building companies collapsed last year as activity in the construction sector ground to a halt.
New figures show that 684 construction and engineering firms went into liquidation, receivership or examinership in 2010.
The number of collapses was up by 15 per cent on 2009, when 593 companies in the sector went out of business, according to research by business advisory firm FGS.
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team