Hungary's May mandatory, voluntary liquidations up y/y - Opten.

By bne IntelliNews June 9, 2011
Hungarian companies initiated 1,722 voluntary liquidation procedures in May, down by 22% m/m, but increasing by 38.4% y/y, MTI news agency reported, quoting a survey of company information provider Opten. Mandatory liquidations rose by 14% m/m and by 7.3% y/y to 1,600. In terms of new establishments, the number of newly set-up companies dropped by 12.5% m/m to 3,584.
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