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Parád glass factory to be sold

The first tender has been announced to buy the assets of Parád Kristály Manufacture Rt of Parád, north Hungary, business daily Napi Gazdaság reported. The liquidator Mátraholding Rt will charge Ft318.5 million for Parád, however, the company also has a debt of Ft 436 million. The glass production machines and the plant in Parádsasvár can only be bought together, Mátraholding said. The company's office building and other buildings can be bought separately too, but only when the plant has been sold. Bids are invited by July 18.