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Wireless

Romanian phone manufacturer iHunt gets loan from Intesa Sanpaolo Bank

Tuesday 25 June 2019 | 09:08 CET | News
iHunt Technology Import Export Ploiesti, a Romanian mobile phone manufacturer, will contract a loan of RON 500,000 from Intesa Sanpaolo Bank to finance its existing activity in the next 12 months, according to local online publication Profit.ro. iHunt Technology will be listed on the Bucharest Stock Exchange by the end of June, with a stake of 10 percent to 25 percent of the company's share capital being put up for sale. The money obtained from the listing will support the development of the electronic product range under the iHunt brand.

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Categories: Mobile & Wireless
Countries: Romania
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