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Construction company liquidations fall in March

Creditors and suppliers launched liquidation procedures against 334 construction industry companies in March, up 11.3% from a month earlier and down 7% from March 2010, Opten, which compiles information on companies, said on Monday.

The number of voluntary liquidations came to 461 in March, up 51 from February, and up 150% from a year earlier.

There were 569 construction companies established in Hungary in March, up 20% from February and up 10.3% from one year earlier, Opten said.