Baku 16° C
Vertu company goes bankrupt
ICT
- 17 July, 2017
- 08:23
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 17 July. REPORT.AZ/ It has been informed that the famous lux mobile phone brand "Vertu", purchased by the Turkish businessman Hakan Uzan from a Chinese businessman 4 months ago, will be liquidated.
Report informs referring to Haberler, "Vertu", manufacturing mobile phones decorated with diamond and gems, has recently faced financial problems. Despite the fact that Hakan Uzan has attempted to save the company investing some 1,9 billion pounds in it, the budget deficit has prevented it.
"Vertu" company has already announced that it is in the process of being liquidated.
Notably, "Vertu" was established by the "Nokia" company in 1998.
Author
Latest News
08:34
Taiwan eyes first rare earth metals plant by 2030
Other countries
08:18
U-15 World Cup: Azerbaijan national team to play two more matches
Football
08:00
Lula da Silva re-elected President of Brazil
Other countries
07:45
Mercedes driver Antonelli takes top spot at US Grand Prix
Formula 1
07:37
Azerbaijan Premier League: Sabah draw with Qarabag
Football
07:32
Aleksandar Vucic says his bloc lost Serbia's snap parliamentary elections
Other countries
07:26
5.2-magnitude earthquake jolts Afghanistan
Other countries
07:23
Photo
Voting ends in Serbia's snap parliamentary elections - Updated
Other countries
07:20
Photo
U-15 World Cup: Azerbaijan national team plays next match
Football