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Mon 01 Jan 2010Four firms a day go out of business and trend is set to continue
FOUR COMPANIES a day went out of business in 2009, with a similar rate of insolvency expected for most of 2010, according to new data compiled by InsolvencyJournal.ie.
The figures show that 1,406 Irish businesses were declared insolvent last year, as hundreds of construction companies were joined by household names such as O’Brien’s Sandwich Bars and Budget Travel on the list of liquidations.
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