HomeBusinessCompany start-ups decline in Limerick

Company start-ups decline in Limerick

-

by Bernie English

[email protected]

LIMERICK is the only county in Munster to record a decline in new start up businesses in the last year.

Despite a number of recent job announcements, the city and county experienced a four per cent drop in start ups over the past twelve months, according to figures released by credit risk analyst CRIFVision-Net.

Galway was the only other major centre to see a drop in start ups.

The hotel and restaurant sector continues to be most at risk, with around three in five companies being categorised as ‘high-risk’.

The figures suggest that the growth in start-ups was disproportionately concentrated in the first six months of the year, which saw a 42 per cent increase in start-ups .

 

Bernie English
Bernie Englishhttp://www.limerickpost.ie
Bernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news.
- Advertisment -

Must Read