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Mandatory liquidation, bankruptcy protection procedures initiated at 3.54% of Hungarian companies

Mandatory liquidation or bankruptcy protection procedures were initiated at 3.54pc of Hungarian companies this year, up from 3.21pc in 2010, business daily Napi Gazdasag said on Wednesday, citing data compiled by business information provider Dun and Bradstreet (D+B).

The rate was highest, at over 6pc, in the construction sector, the paper said.