Galway-based building firm Kenny Group hit by losses

A RANGE of companies from one of the largest building groups in the country, the Galway-based Kenny Group, incurred losses in 2009, new figures show.

In accounts just lodged for 2009 by a series of Kenny Group firms with the Companies Office, they show that Kenny Business Parks recorded a loss of €551,803; that Kenny Developments & Co recorded a loss of €1.48m with Kenny Developments recording a loss of €46,371 in the 12 months to December 2009.

A note attached to the accounts for the three companies confirm that further losses are projected for 2010.