ADVERTISEMENT

Hungarian toy retailer Gulliver goes into liquidation

Telco

The court has ordered the liquidation of toy retailer Gulliver, which went bankrupt at the end of 2013, bailiff Zoltán Kovács of liquidation firm Duna Libra informed Hungarian news agency MTI today.

The deadline for creditors to report their claims expired on June 15 and the claims are still being processed, Kovács added.

Gulliver applied for bankruptcy protection and closed its 27 toy shops and suspended operation of its webstore in December 2013.

It was then reported that the company owed almost HUF 3 bln to 148 creditors. Gulliver had losses of HUF 307 mln in the business year ending at the end of June 2013.

-- Christian Keszthelyi contributed to this article

ADVERTISEMENT

Average age of coronavirus patients declining Analysis

Average age of coronavirus patients declining

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

Budapest airport shuttle bus service expanded City

Budapest airport shuttle bus service expanded

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.