The production company of INTECO group carried out the repayment of foreign currency loan at PJSC «Bank Pervyi» which was received in 2010 for the purpose of working capital financing.

«Despite difficult economic situation in the country and a significant increase in value of currency in Ukraine, we find opportunities to fulfill our financial obligations to the banks and confirm our reputation as a reliable financial partner. Today the ratio of foreign debt to EBITDA of our company amounts to 2.68*. This characterizes us as a financially sound and reputable enterprise. It demonstrates the reliability and high solvency of the company», - Chairman of Board of Directors of Industrial and Investment Group INTECO Vadim Demeshchuk said.

«Starting from a year 2014 all without exception domestic producers have experienced the recessionary tendencies in the economy. Due to the diversification of business lines as well as implementation of investment projects, we managed not only to maintain production but also to strengthen leading positions in the domestic market of roofing and facade materials. It is important that our company shows positive dynamics of development. For the first half of a year 2016 we were able to increase the volume of production and sales by 10% compared to the same period of last year», - Vadim Demeshchuk said.

* The financial position of the company is considered to be sustainable when a company has a ratio of foreign debt to EBITDA of less than 3.