Three quarters of companies ‘very optimistic’

ALMOST three quarters of Irish companies are “very optimistic” regarding their business performance over the next three years, according to a new survey.

However, companies located in the Republic have been harder hit by the recession than their counterparts north of the border.

The latest quarterly business monitor from Intertrade Ireland – the cross-border business development agency – shows that 58% of companies surveyed across the island of Ireland reported a drop in turnover during the second quarter of this year.