Company liquidations in Ireland more than doubled in 2008
Jan 5th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Figures from business information firm Experian show that company liquidations in Ireland have more than doubled in 2008. There were 575 liquidations in 2008 compared to 273 in 2007, while there has also been a sharp rise in the numbers seeking protection from creditors by going into examinership. The grim outlook for Irish business was compounded by the number of companies going into receivership, which has also risen sharply.