Pre-tax losses continue to mount at GAMA Ireland

PRE-TAX losses last year continued to mount at the Irish arm of the Turkish- owned construction firm that came under scrutiny in 2005 over allegations that it underpaid migrant workers.

In documents just filed with the Companies Office, they show that GAMA Construction Ireland’s pre-tax losses last year amounted to €3.1m after losses of €12.7m in 2009.

The loss was recorded last year after revenues continued to decrease from €3.6m to €1.1m.