on METAVISIO (EPA:ALTHO)
METAVISIO closes $12 million credit line with Jinhan
METAVISIO, a French company active in the IT sector, has signed a $12 million financing agreement with Jinhan Province, China. This financing will be dedicated exclusively to the production of THOMSON-branded IT products and all their accessories. Reimbursement will be made automatically upon delivery of the products.
Stephan Français of METAVISIO emphasizes that this initiative aims to reduce the need for working capital, which is crucial in the hardware market. Financing production, particularly for component purchases and transportation, was a challenge. This partnership will enable the company to support its growth during the key months of September through December.
R. E.
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