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Second attempted sale of R-Glass unsuccessful

The second attempted sale of R-Glass Hungary proved unsuccessful after no bids were received, bailiff Miklós Balázs told MTI.

Balázs said there were parties interested that did not submit an offer due to an absence of further, more substantial business plans.

Balázs said a third attempt will be made to sell the company.

R-Glass, which has debts of HUF 1.5 billion (€5.4 million), underwent liquidation in September 2009, when it employed 277 workers. This was the second liquidation in the company's history. (MTI-Econews)