Winding up proceeding launched against AboMill

Liquidation proceedings were initiated against the Nyíregyháza-based Abo Mill Industrial Corporation.

In 2008, the company reached a revenue of 14 billion HUF with one hundred million HUF profit. The company last year only produced 6.8 billion HUF turnover and closed with 700 million HUF loss. Yesterday, Abo Holding the owner of AboMill asked for bankruptcy protection and the Abo Trade Grain Trading House Ltd. also announced bankruptcy – reports gazdasag.hu.