Herz Salami under liquidation

A court ruling ordering the liquidation of Herz Szalámigyár Zrt. has come into effect. János Jámbor, owner of the majority shareholders, Formont Kft. and Aventa 96 Kft. is negotiating with creditor banks and suppliers to save the brand. Under his leadership, Herz has succeeded in reducing its debts by HUF 1.6 billion in the last five years.