The company plans to have 300 charging stations installed by the end of the year, it said in a press release.
"We want to reach as many installed locations as possible, initially in Romania and later in Europe," iHunt noted.
In the first trimester of 2024, iHunt booked a net profit of 47,563 lei ($10,272/9,558 euro), down by an annual 9.4%, on a net turnover of 8.74 million lei.
Founded in 2015 as a direct importer of mobile phones and accessories from China, iHunt Technology Import Export sells the products both through its online store and over 200 physical stores.
iHunt's shares traded 2.89% lower at 0.47 lei as at 1529 CET on Monday on the Bucharest bourse.
(1 euro=4.9765 lei)