The liquidation of Ital Magyarország Kft. was ordered

By: Trademagazin Date: 2022. 10. 05. 10:24

The liquidation of Ital Magyarország Kft. was started with debts of nearly one and a half billion forints, dozens of winemakers can now say goodbye to their money.

Several well-known domestic wineries were also damaged

The Capital Court found that Ital Magyarország Kft. was insolvent and decided to order the liquidation of one of the largest domestic beverage distributors – the state-owned Nemzeti Reorganizációs Nonprofit Kft., appointed as the auditor, confirmed the information of 24.hu. Ital Magyarország Kft. owes a total of nearly one and a half billion forints to various businesses, including the best-known domestic wineries.

24.hu was the first to write about the bankruptcy of one of the largest Hungarian beverage distributors, as well as the fact that in the first settlement negotiation, barely 12 percent of the debts were offered to the creditors. As 24.hu found out, a second settlement negotiation took place in August, but it lasted for a very short time after it became clear that the management of Ital Hungary did not even consider what it had initially offered.