The once mighty Grocon building empire run by prominent Melbourne builder Daniel Grollo has fallen into administration after heavy losses. Stephen …
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INDUSTRY NEWS
Smaller businesses linked to building giant fear same fate after Grocon collapse
Fears are growing that the collapse of the Grocon empire could cause small companies — who have provided work and services to the construction giant — …
Builders may have been trading insolvent, creditors unlikely to receive any money
A company that once billed itself as Brisbane’s premier home extension and renovation business may have been trading insolvent for up to a year before …