Arany Bika Hotel Operator In Bankruptcy In Debrecen, Hungary

  • 11 Dec 2009 12:00 AM
Arany Bika Hotel Operator In Bankruptcy In Debrecen, Hungary
"Debrecen-based Cívis Hotels has sought bankruptcy protection as it tries to agree with creditors and collect receivables in an effort to continue operations, HVG reports.

The company operates the well-known Arany Bika hotel in Debrecen, among others.

The hotels will operate as normal while the company is under bankruptcy protection. Cívis Hotels, majority-owned by its manage-ment and employees, recorded a net loss of Ft 205 million in 2008."

Source: Hungary Around the Clock.

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

Photo for illustration purposes only

  • How does this content make you feel?