In trouble is the NER's favorite fashion company, with a Cayman Islands owner and Eximbank lurking in the background.

The Hungarian fashion brand Nanushka is facing significant challenges, including store closures, layoffs, and financial difficulties. The last remaining store in Budapest has shut down, and the company is currently undergoing four enforcement proceedings. Despite these issues, executives Baldaszti Péter and Sándor Szandra are working on securing financing and involving investors. The company reported a loss of 12.2 billion HUF for the 2024/2025 business year, with negative equity of -7.8 billion HUF. Additionally, there has been a change in ownership structure, with the majority stake shifting to an offshore company, raising disputes over ownership.