In 2021, our business in Rostov-on-Don delivered excellent results. Cash receipts amounted to RUB 6.1 billion. A strong contracting order book will ensure financial resilience in 2022.
In Rostov-on-Don, INTECO is working on three residential neighbourhoods in the Leventsovsky District. As at the end of 2021, the Company’s project portfolio stood at 0.6 million sqm. During the year, INTECO commissioned 112 thousand sqm of housing.
|Project||In value terms, RUB million||In volume terms, thousand sqm|
RUB >5 billioncontract sales
RUB >6 billioncash receipts
RUB 5.9revenue for 2021
19 %EBITDA margin
112 thousand sqmcommissioned in 2021
The Company’s investments in Rostov-on-Don construction projects amounted to RUB 3.7 billion in 2021, with over RUB 5 billion earmarked for further investments in 2022.