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Number of mandatory liquidation procedures down to 1,501 in March

The number of mandatory liquidations initiated against Hungarian companies came to 1,501 in March, down 11% yr/yr, company information provider Opten told MTI on Monday.

The number of voluntary liquidations amounted to 2,142 in March, down 109 or 4.9% from February, but up 77.9% from one year earlier.

There were 4,222 new companies established in Hungary in March, up 4.1% from February and up 9.8% from one year earlier.