The latest quarterly insolvency statistics published today by Deloitte show that the number of corporate insolvencies has fallen by 14% in 2017 compared to the same period in 2016.
So far in 2017 there have been 657 corporate insolvencies, compared to 765 in the same period in 2016. Of the 657 corporate insolvencies, creditors voluntary liquidations accounted for the majority, with 393 recorded in the period. This is a decrease of 12% on the same period last year when there were 448. It represents 60% of the total recorded.
Looking at the Top Five industry sectors, it was the service industry which recorded the most insolvencies to date in 2017 with 229 appointments (35%). This is just a 4% increase on the same period in 2016…
Read the full article at: https://www.businessworld.ie/financial-news/Irish-corporate-insolvencies-total-657-so-far-this-year-569484.html
