Hungary’s rolling stock manufacturing sector is facing a severe crisis after a court ordered the liquidation of Ganz-Mavag International (GMVI) and Dunakeszi Járműjavító, two companies considered strategically important to the national rail industry. Experts warn that only state intervention could prevent the collapse of the sector. GMVI railcar According to data from the Opten company…
7.30: Rex Airlines finds a buyer after entering into voluntary administration ABC iview Read the original article here
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. ST Group Food Industries Holdings Limited ( (SG:DRX) ) has issued an update. ST Group Food Industries Holdings Limited has announced the voluntary liquidation of its indirect…
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A beloved food brand has collapsed — again — with 34 workers now out of a job. Spring Gully Foods, the South Australian-based company behind generations of pickled onions, gherkins and relishes, has officially shut its doors after nearly 80 years in business. WATCH ABOVE: 79-year-old food company closes in Adelaide. Know the news with…
The NCLT order came over a petition filed by Lepton Software, which sells Google Maps Platform services under the licence granted by Google Asia Pacific Pte. New Delhi: The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech, the debt-ridden company which was providing all-electric ride-hailing services and building a…
The National Company Law Tribunal (NCLT), New Delhi, admitted the Corporate Insolvency Resolution Process (CIRP) application under Section 10 of the Insolvency and Bankruptcy Code (IBC), 2016, as no illegibilities were restricting the CIRP under Section 11. M/s Universal Journeys India Private Limited (“Corporate Applicant”) applied under Section 10 of the Insolvency and Bankruptcy Code,…
First held with a single stage in 2004 by founder Alex Trenchard and expanding to a two day festival in 2006, the festival was postponed in 2023 and due to make a return in 2026. According to the BBC the organisers have said: “Due to significant financial losses sustained in 2022 and 2023, we were…
Manchester Pride confirmed it has begun the legal process of voluntary liquidation facebook.com Read the original article here
A music festival has been held for the last time after the company behind it announced it had gone into liquidation. Standon Calling was first staged in the village of Standon, Hertfordshire, nearly 20 years ago, attracting thousands of festivalgoers, but has not been held for the past two years. In an online post, organiser…