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Number of mandatory liquidations climbs 5% in September - Opten

The number of mandatory liquidations initiated against Hungarian companies came to 1,967 in September, up 4.7% yr/yr, company information provider Opten told MTI on Thursday.

In January-September, the number of mandatory liquidations came to 14,792, up 12% from a year earlier.

The number of voluntary liquidations was up 99.7% in September from a year earlier.

In the first nine months of 2011, the number of voluntary liquidations amounted to 17,381, 60.7% more than in the same period of 2010.

There were 4,247 new companies established in September, up 2.36% from a year earlier.

The number of new companies registered in the first nine months was 36,496, up 4.8% yr/yr.