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Number of liquidations rise 16% in November

The number of mandatory liquidations reached 1,627 in November, up 16% from the same month one year earlier, company information provider Opten told MTI.

The number of mandatory liquidations was 16,513 in January-November.

The number of company liquidations is expected to exceed 17,500 this year, Hajnalka Csorbai of Opten said.

There were 2,627 new companies registered in Hungary in October, down 21% from a month earlier, Opten said. (MTI – Econews)