A construction, design and refurbishment company with 192 employees and hundreds of projects around Australia has gone into voluntary administration.
National Projects & Maintenance (NPM Group) was a commercial fit-out company that worked on developments for some of the countrys biggest property entities, including Goodman, Mirvac, GPT, Charter Hall and Brookfield.
The Sydney-based company has ceased trading and appointed insolvency firm Worrells as its administrator.
The groups demise spells the collapse of 10 companies that were under the organisations umbrella and now under external administration. They are National Projects and Maintenance Pty Ltd, NPM Group Holdings Pty Ltd, NPM Projects (NSW) Pty Ltd, National Projects (HQ) Pty Ltd…
Read the full article at: https://www.apimagazine.com.au/news/article/national-builders-collapse-leaves-millions-in-debts-costs-200-jobs