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Bankruptcy protection

This article was originally published in Foodnews

HUNGARIAN fruit juice maker Első Magyar Gyümölcsfeldolgozó és Gyümölcslégyártó, the owner of the Hey-Ho brand, has filed for bankruptcy protection, has reported. The company, founded in 1992, sells 30 million litres of juice in Hungary annually and exports to 16 countries. Its sales last year were HUF3.4 billion (USD15.5 million), down from closer to HUF5.0 billion in 2007.


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