Genesis Mining could change profile yet again - paper

Deals

Genesis Mining, listed on the Budapest Stock Exchange, could change its profile for the third time in four years, business daily Napi Gazdaság said on Tuesday.

Genesis Mining, earlier called Genesis Energy, was in the solar panel business from 2007 until 2010. Afterward, it went into mining and changed its name. Most recently, its biggest owner, Genesis Capital Management, has proposed pulling out of the sector because of a lack of project financing.

Genesis Mining's board has started talks on buying Dutch virtual mobile service provider 6GMobile, which could send the company in yet another new direction.

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