Irish insolvencies up 27% in first four months of 2010
May 4th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
New statistics compiled by InsolvencyJournal.ie reveal that insolvencies in the first four months of 2010, have increased by 27 per cent compared to the same period last year. A total of 532 company failures were recorded so far this year, compared to 419 between January and April 2009. 125 companies went bust in April, down 15 per cent from the March total of 147 insolvencies. Dublin continues to account for the majority of failures with 52 insolvencies - - 42 per cent of all insolvencies.