Opten: a slow consolidation in the company world

More than ever, 10,722 firms were deleted by in the third quarter of 2014 in Hungary. It is 5 percent more than in the previous quarter (10,174) and 33 percent more than in the same period of 2013 (8058). The upward trend shows a consolidation process – Opten company information service provider reveals.

The company’s Monday release is citing Tóth Tamás Opten’s managing director, who said that the termination rate will continue to rise and this trend remains for a while. According to the director, the current situation is much more like a slow consolidation process, than the wave of liquidation that was experienced during the crisis. (MTI)