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[BUSINESS] · Slovakia, Czechia · 5 sources

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Good-Line food company enters bankruptcy in Slovakia

The Slovak food company Good-Line has been declared bankrupt by the District Court in Trnava. Despite experiencing rapid revenue growth in 2021—rising from approximately 332,000 EUR to 5.7 million EUR—the company faced significant debt to state institutions.

Owned by Zsolt Molnár, the company expanded its operations during the pandemic by importing vegetables from Morocco and offering various food products under the Express Food and El Bandito brands. The bankruptcy will lead to the sale of the company's assets to settle outstanding debts.

Entities

Good-Line · Valašské Meziříčí · Zsolt Molnár