Corporate auctions soar, another explosion could come next year
At the end of the moratorium on repayments, many companies may be forced to part with their modern machines and assets purchased for credit, which could thus enter the second market. Well-preserved, used equipment can give another boost to online auctions in the run-up. The largest Hungarian corporate auction house, Intergavel Kft., which is also the market leader in the region, has just conducted its 1000th auction, and there are sectors where more assets are already being sold than everyone else combined.
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