US Edition
Liquidation Proceedings Have Been Initiated Against the Company of the Asset Management Foundation of the University of Győr
4 Articles
4 Articles
HUMDA, originally created to support motorsport, has been loss-making for years.
Liquidation proceedings have been initiated against HUMDA, the company of the asset management foundation of Széchenyi István University in Győr, HVG reports. HUMDA was originally within the political purview of László Palkovics, as was the University of Győr. After the model-changing universities were transformed into KEKVA in 2021, the University of Győr was also transformed into a foundation, with the former minister himself as the chairman o…
The first bankruptcy proceedings have begun in the university trusts. The company created to coordinate automobile and motorsports fell victim.
Liquidation proceedings have been initiated against HUMDA, the asset management foundation of Széchenyi István University in Győr, which was originally established to support motorsport. The insolvency could put the fate of tens of billions of forints in doubt as the new government prepares to eliminate university foundations.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
