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Romania's iHunt wants to issue bonds of RON 7 mln to increase production

Thursday 3 September 2020 | 08:09 CET | News
Romanian rugged phones maker iHunt Technology wants to issue bonds in the amount of RON 7 million to increase production and stocks of existing products and 2021 product range amid growing demand and to back its expansion in Hungary and Bulgaria, head of iHunt Cezar Catalin Stroe told Profit.ro. Stroe said the company wants to use the money attracted from working capital bonds to increase stocks of existing products and the new product range from 2021. The company is currently facing a higher demand for iHunt products than it can produce, he added. 

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Categories: Mobile & Wireless
Companies: iHunt Technology
Countries: Romania
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