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Due to the increase in costs for labour and building materials in recent years several of those contracts are now loss-making, counsel added.
The High Court has appointed joint provisional liquidators to a building company currently doing works at Dublin Airport, two prisons, and on a project where over 100 new apartments are being built in south Dublin.
Due to the increase in costs for labour and building materials in recent years several of those contracts are now loss-making, counsel added.
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Glenbeigh Construction projects include sites at Dublin Airport and Dundrum Town Centre
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Inspector criticises ‘degrading’ conditions in prisons in correspondence to Government