Assets elements of Herz can be sold, Gyulai Húskombinát waits for bank guarantee

The agony of traditional Hungarian meat industry continues. Redundancies started at Herz Szalámi, elements of assets are waiting to be sold. A Gyulai Húskombiánt Ltd. is still waiting for MFB credit.

There's not much hope for the re-launch Herz Szalámi Ltd. – Népszabadság was informed by the liquidator of the company. In the summer months sale of the factory's property elements will be advertised for sale. The company's assets and properties would be sold in one piece.
Gyulai Húskombinát Ltd. is in a better position, but the situation is not resolved definitively. The company did not received the bank guarantee from the Hungarian Development Bank (MFB) yet. According to the position of MFB if the Gyulai Húskombinát Ltd. will be able to provide adequate coverage and long-term survival can be derived from their program, it is likely to have access to credit – reports Népszabadság.