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Number of mandatory liquidation procedures climbs in February

The number of mandatory liquidation procedures initiated against Hungarian companies came to 1,528 in February, 208 more than in the same month a year earlier, company information provider Opten told MTI.

The number of voluntary liquidations rose by 882 to a record 2,251 in February from a year earlier.

There were 4,047 new companies established in Hungary in February, virtually identical to twelve months earlier, but up 204 from January.