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THE TURNOVER OF INTECH IN 2020 AMOUNTED TO UAH 2,614 MILLION, INVESTMENTS IN RENOVATION AND EXPANSION OF PRODUCTION CAPACITIES WERE EQUAL TO UAH 77,4 MILLION

29. 03. 2021

The turnover of Ukrainian company INTECH including assets under its management was equal to UAH 2,614 million in 2020. The company transferred UAH 328,94 million in taxes to the state budget of Ukraine. Investments in the renovation and expansion of production capacities were equal to UAH 77,4 million.

The volume of products for metallurgy supplies reached 78.1 thousand tons. The amount of production and sales of products for metallurgy increased by 79% compared to 2019.

Within logistics services, the company transported more than 3.3 million tons of cargo using its own and leased wagon fleet, which is 22% higher than in 2019. The company’s own car fleet increased up to 234 units.

Moreover, a new direction appeared in logistics, such as port logistics. Portinvest LLC, which has been a part of Ukrainian market since 2010, now is under management of INTECH. The company’s focus is maritime logistics field. It offers a wide range of transport and forwarding services. The main services provided by Portinvest include agency service in the largest ports of Ukraine and abroad, freight forwarding by railway and sea ports of Ukraine. Portinvest is also involved in the development and implementation of investment projects in the port industry.

Last year INTECH-managed PJSC “Industrial and production enterprise “Kryvbasvybukhprom“ set a performance record as of 2009. The company fulfilled all the orders of the mining and refining factory in 2020, which is about 52 million metric tons.

“Turbulence and ambiguity of the past year repeatedly tested the strength of our business, but we were able to withstand this with dignity and become even stronger and more stable. This is shown by our results in 2020”, – Sergey Melnychenko, General Director of INTECH. – Not to mention the fact that from the very first day of lockdown in Ukraine the company’s IT service provided a fast successful transition to remote work without any interruptions and losses for our business. Despite remote work, our team was able to show 100% efficiency. In 2020 we began to develop new directions. A new business, Portinvest, joined the INTECH portfolio. The plans for this year are the launch of a new industrial enterprise, as well as several promising investment projects that are under development.”

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