Hun Mining

Not to be confused with the New Zealand energy generator and retailer Genesis Energy Limited.

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]

  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.