- by JP Wickremasinghe on 09/08/2018
The first six months of 2018 proved to be very positive from a commercial point of view with increases in company start-ups and further decreases in corporate insolvencies.
Having reviewed the figures we can see that there were over 63 new companies formed each day between January and June this year while insolvencies fell by 30%.
While the majority of new companies continue to set-up in Dublin, it was Limerick that experienced the biggest percentage increase in start-ups numbers (compared to the same period in 2017). Our figures show that there was over a 23% increase in start-up numbers in the the Treaty County.
Company start-up growth slows in the first three quarters of 2018 but insolvencies decrease by 23%