Fewer new businesses, increasing number of bankruptcy

After the decrease in January, the number of liquidations and winding-up proceedings increased again in February in Hungary, compared to the previous year – states Opten.

According to the communication transmitted to MTI; in the second month of the year, liquidations were initiated against 1216 companies by the creditors, which is 12 percent increase, compared to a year ago, while the number of the winding-up proceedings increased by 11 percent, to 1374 – reports ProfitLine.hu.