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Juice maker goes bust

This article was originally published in Foodnews

ELSO Magyar Gyumolcsfeldolgozo es Gyumolcslegyarto, a Hungarian fruit juice maker best known for its Hey-Ho brand, is going into liquidation after two failed rounds of talks with creditors, according to business daily Napi Gazdasag . The company owes its creditors HUF1.7 billion (USD7.5 million), and owes its business partners and employees a further HUF1.9 billion. The company originally filed for bankruptcy protection in May (FOODNEWS 11 May) .



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