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More companies go under liquidation in February

Mandatory and voluntary liquidation procedures were started against more companies in February compared to the same month a year earlier, while the number of newly established companies fell, company information provider Opten told MTI on Wednesday.

The number of mandatory liquidation procedures started in February reached 1,216, 12% more than in the same month a year earlier. The number of voluntary liquidations climbed 11% to 1,374.

There were 4,057 new companies registered in Hungary in February, down 7% from the same month a year earlier.

The number of mandatory and voluntary liquidation procedures started in January fell from the same month a year earlier. (MTI-Econews)