Hunzinger nets Metallbank float

FRANKFURT: Metallbank has hired Hunzinger Information to promote its flotation on the Frankfurt stock exchange. Hunzinger won the account without a competitive pitch. Fees are around $300,000 for the contract period which expires at the end of February. The agency will handle the company's media relations over the period, initially targeting coverage in the financial newspapers and then putting the focus on analysts in a bid to raise the value of the bank's stock. Metallbank specializes in finance capital for small to medium sized companies.