- by JP Wickremasinghe on 12/11/2018
The first nine months of 2018 has proved to be largely positive with company start-up figures close to the record level seen last year and a continued drop in corporate insolvencies.
Having reviewed the figures we can see that there were over 61 new companies formed each day between January and September this year while insolvencies fell by 23%.
While the majority of new companies continue to set-up in Dublin, Limerick again fared well - it was the fifth most popular location for new company start-ups and has seen a 15% increase in numbers compared to the same period in 2017.
With the effects of Brexit still hanging in the balance, many Irish companies may be forced to look to wider European markets
Company start-ups remain strong while insolvencies fall by 30% in the first half of 2018