Earlier this week, following concerns about the recent 9.3% fall in its share price, engineering and technology recruiter Gattaca released a statement to investors acknowledging that historically it had provided recruitment solutions to Carillion and its subsidiaries, and is owed outstanding debts by the construction company, but most of these were insured by a credit insurer.

Yesterday engineering and tech recruiter RTC Group issued a statement following a fall in its own share price in the wake of Carillion’s collapse, clarifying that while it had some limited exposure to the situation at Carillion, its performance was strong and trading remains in line with current market expectations.

RTC revealed it supplies labour to Carillion Construction to support Network Rail projects and renewals work, adding it has outstanding debts from Carillion of less than £100k that will be fully provided in the financial statements for the year ended 31 December 2017.

The group further revealed it is actively engaging with Carillion via the Official Receiver to understand how it can continue to support Network Rail and maintain this income stream.

RTC expects to announce its preliminary results on or around 26 February 2018.

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