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Hun Mining, previously known as Genesis Energy Investment Company and Genesis Mining is an investment company based in Budapest, Hungary. From 2007 to 2010[1] Genesis Energy Investment Company was invested in the photovoltaics market, producing solar panels with thin film technology. In 2010 it sold the solar panel manufacturing and technology units to Denver-based Cogenco International for €15 million so that it could concentrate on mining activities.[2][3][4] It was renamed Genesis Mining in the wake of this sale.[5] In lage 2011 it changed its name again to Hun Mining.[1] In late 2011 the company sold its mining operation to Davies Corporation, announcing plans to acquire mobile telecommunications company 6GMOBILE.[6]

References

  1. ^ a b "Genesis Mining changes name, to hold EGM on Oct 3". 28 September 2011. Retrieved 4 February 2020.
  2. ^ "Genesis Energy raises capital in preparation for sale of company". Budapest Business Journal. 13 October 2009. Retrieved 4 February 2020.
  3. ^ "Genesis Energy pushes back deadline for closing deal with Cogenco". Budapest Business Journal. 3 December 2009. Retrieved 4 February 2020.
  4. ^ "Genesis Energy to reopen mine in Hungary". Budapest Business Journal. 28 March 2011. Retrieved 4 February 2020.
  5. ^ "Genesis Mining racks up HUF 556m loss in H1 as business shift continues". Budapest Business Journal. 1 September 2011. Retrieved 4 February 2020.
  6. ^ "HUN Mining agrees to sell mining units to Davies Corporation". Budapest Business Journal. 8 November 2011. Retrieved 4 February 2020.

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