IMG Holding President Comments on Company Plans till End of 2010
OREANDA-NEWS On 05 September was announced, that the NASK "Оranta"'s task in 2011 is to collect USD 500 mln. of insurance premiums and to come to the following level of capitalisation - one and a half billion US Dollars.
Now the Company's sellers work hard on promotion of insurance products ensuring the planned growth of the company.
While talking about the plans of the NASK "Oranta" to collect USD 500 mln. of insurance premiums according to the results of 2008 that we declared at the end of year 2007, I repeat that there's nothing to prevent us from fulfilling these plans. If we take the results of the Company for the 7 months of this year. the Company collected the premiums as many as for the whole of the last year.
Thus, last year the Company's "level of resistance" was 100 mln. US Dollars and we made it through. The next "level of resistance" is 200 mln. US Dollars, respectively. There's no question, the plan will be fulfilled.
Besides, the Company has the plans to finish this year with profit of 3 mln. US Dollars. Last year the NASK "Oranta"'s profit was about 4 mln. hryvnyas. We worked with minimum-survival profit, because our profits were intended for developement (the company increased by 70%) and creation of resources for any possible payments.
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