Hungarian fruit juice maker Hey-Ho goes into liquidation

Elso Magyar Gyumolcsfeldolgozo es Gyumolcslegyarto, maker of the popular Hey-Ho brand of fruit juice, is going under liquidation after two failed rounds of talks with creditors, business daily Napi Gazdasag said on Tuesday.

A request for the initiation of a liquidation procedure against the company has been filed with a court in Kecskemet, the paper said. The company owes creditors HUF 1.7bn, and business partners and employees a further HUF 1.9bn, Roland Horvath, the mayor of Ersekhalma (SW Hungary), where the company is based, told the paper.

 

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