The Board of Invalda AB considered the fact that presently the aim of Invalda financial group is to concentrate on the main businesses and strategic markets and also the Board measured the possibilities Ukrainian group companies to perform profitable in the nearest time. On the ground of this on December 17, 2008, the Board decided to end the activity in Ukraine of group’s financial and real estate sector companies.
During 2006 – 2007 in Ukraine Invalda AB established limited liabilities companies Finasta, Inreal, Inreal-Ocinka and Incredo. About 4 mln LTL (1,16 mln EUR) were invested in these companies.
Darius Sulnis
President
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