Hungarian companies initiated 2,230 voluntary liquidation procedures in April, up by 4.1% m/m and by 55.8% y/y, MTI news agency reported, quoting a survey from company information provider Opten. Mandatory liquidations procedures declined on monthly basis by 6.5%, but increased by 1.7% y/y to 1,403. In terms of new establishment, the number of newly set-up companies dropped by 17.8% m/m and by 6.6% y/y to 4,095. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more