Kontrax Group, once Hungary’s largest reseller, announced that it had failed to make any repayments to the banks on 15 March; these were stipulated in its debt re-scheduling agreement signed last year. A spokesman said that no debtors had initiated liquidation proceedings as yet. Digital Equipment Corp’s sales and service partner, KFKI Direct Kft – […]
Kontrax Group, once Hungary’s largest reseller, announced that it had failed to make any repayments to the banks on 15 March; these were stipulated in its debt re-scheduling agreement signed last year. A spokesman said that no debtors had initiated liquidation proceedings as yet. Digital Equipment Corp’s sales and service partner, KFKI Direct Kft – a spin-off of the country’s old Physics Institute – has reported year-end sales for 1993 equivalent to $3.5m, slightly up on the 1992 figure, although it’s sharply down in dollar terms.
