The operator of the Skála department stores will be liquidated

Winding-up proceedings started against the Skála Group Kft. owned by private Chinese individuals.

This company took over the most of the rural Skála department stores, and transformed them to Chinese businesses, but it seems that they could not operate them profitably. The Group accumulated tax debts more than 100 million HUF.

The company was founded by seven Chinese individuals in 2007 – reports penzcentrum.hu.