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Albacomp files for bankruptcy protection

Hungarian IT company Albacomp IT Informatikai filed for bankruptcy protection on March 9, the official company gazette, Cégközlöny, said.

Albacomp told MTI that its financing bank had not extended an expiring loan contract, but added that it aimed to reach an agreement with its suppliers and creditors and continue operating as a property management company.

The procedure does not affect the operation of Albacomp RI System Integration, which is independent of Albacomp.