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Number of liquidations reaches record high in September

The number of mandatory liquidations reached a record high of 1,914 in September 2010, 35pc more than in the same month in 2009, company information provider Opten told MTI on Thursday.

The number of voluntary liquidation procedures started in September was also up considerably, at 1,333, 33% more than in the same month of last year.

There were 4,127 new companies registered in Hungary in September, a very high number, Opten said. (MTI-Econews)