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- by J on 01/05/2018
The first three months of 2018 continued on in much the same fashion as 2017 concluded with positive news in relation to company start-ups and corporate insolvencies.
Having reviewed the figures we can see that there were over 60 new companies formed each day in Q1-2018 while insolvencies fell by almost 40%.
Dublin remains the location of choice for the majority of new companies but there was also positive news for Cork, which experienced a jump in start-up numbers compared to the same period in 2017.
Company start-ups remain strong while insolvencies fall by 30% in the first half of 2018
2017 was a record year for company start-ups in Ireland while insolvencies went through a levelling off period.
We are in acceleration mode and Ireland has taken its place as Europe's fastest growing economy. Many aspects of that recovery are demonstrated in our 2017 Annual Review.
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