The number of company liquidations and closures remained low in 2020 and 2021, partly due to the loan repayment moratorium, said Opten CEO Richárd Petrics.

Companies were hit hard by the pandemic, and government measures only postponed liquidation proceedings.

Late 2021 data shows the trend changing, and more businesses could be dissolved in 2022, he observed.

The proportion of companies closing down was high in the info-communication sector and in education and other administrative activities.

Opten expects new company registrations to drop slightly this year to 30,000-31,000, along with 27,000-28,000 company wind-ups.