Two more building firms go bust in NI

Published:  23 November, 2009

BELFAST: Two more Northern Ireland construction companies entered administration.

Administrators BDO said Eassda Limited, based in Templepatrick, Co Antrim, had been "severely impacted" by the downturn in the housing market and construction industry.

In September, Revenue and Customs served a winding-up petition on the family-run company founded in 1980.

KPMG in Belfast is acting as administrators for Euro Construction Corporation in Waringstown, Co Armagh. According to the Sunday Business Post, KPMG was appointed on the orders of the Ulster Bank, said to have an exposure of euro 30m to Euro Construction.

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