December 2nd, 2008
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Leading Hungarian computer retailer Notebook.hu in hasty liquidation

One of Hungary’s largest computer retailers, Notebook.hu, is currently being wound up, reports Index.hu. The information was confirmed by Dr. Gyula Sóvágó, liquidator at PK-ECONO Financial Economic Consulting Kft.

According to the portal, the winding-up of the firm was initiated due to an unpaid bill worth a few hundred thousand forints on October 20 and is now in its first phase. The liquidator said creditors will be brought in over the upcoming 40 days, after which the exact amount of claims can be determined.

Meanwhile, Index.hu had learned from other sources that Notebook.hu went out of business without a successor firm on November 30. The company’s website currently says the reason for their Budapest stores remaining closed over the weekend is “stocktaking.” The portal speculates that the stores are currently under the control of another company.

Notebook.hu’s revenues are expected to reach Ft 4 billion (roughly €15.3 million) in 2008. The company expected to sell nearly 20,000 notebooks this year, which accounts for a 10% share of the Hungarian market. The company has two stores in Budapest and partners in Debrecen, Miskolc, Szeged and Székesfehérvár.

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