September 7
Calyx Group goes into receivership
The Irish Examiner reports that hundreds of jobs could be at risk at a series of firms linked to the Calyx Group after the firm was put into receivership. In a statement, a spokesperson for the Kavanagh/Fennell insolvency practice said the IT firm had been put into receivership as the debt on its balance sheet was in excess of annual turnover of approximately EUR90 million. The 500 staff working with the business group in Ireland and Britain may now see their jobs put at risk. The Calyx group, which supplies managed ICT services, will be traded as a going concern while a buyer of the business and assets is sought. No redundancies have been made yet.