The first half year's financial collapses broke record

By: trademagazin Date: 2011. 07. 05. 15:28

There have not been so many financial collapses in Hungary in one month and in one half year as it occurred in June and in the first six months – announced Csorbai Hajnalka strategic director of Opten. The number of liquidations will exceed ten thousand in a week and 12,000 companies already initiated insolvency procceedings.

In the first half of the year, liquidation proceedings began against 9500 companies, which means that within a week, the counter of Opten will cross the border of tens thousand. Only in June, creditors started insolvency proceedings against 2116 companies, which is an absolute record – reports Index.

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