Rise in new Galway company formations

Galway bay fm newsroom - There's been a seven percent rise in new Galway company formations.Figures provided by Vision-net show 47 new firms were formed last month (July), compared to 44 at the same time last year.

Nationally, the number of companies formed is now at pre-recession levels.More than one thousand two hundred companies were incorporated last month - up 28 percent on last year when 972 were recorded.