OREANDA-NEWS. TMM Company is announcing its operating results for the year 2013.

The total volume of construction works performed by TMM in 2013 increased by 4% y-o-y and amounted to UAH 292mn. TMM's income from construction services rendered to third parties amounted to UAH 73mn. The portfolio of projects comprised residential and commercial real estate in Kyiv and other regions of Ukraine.

In 2013 TMM Company commissioned 6 residential and commercial buildings with the total area of around 80 ths sq m, i.e. Sonyachna brama residential complex (Kyiv) and Green Town residential complex (Kharkiv).

TMM's cash collections from sales of properties in current and completed projects grew by 21% y-o-y and amounted to UAH 243 million.

The funds are directed to construction of the current projects, servicing of bank loans and payment of taxes and wages.

The total headcount of the company stood at 1500 in 2013.

In 2013 TMM won UAH 1.1-billion tender for construction of buildings of the Higher Economic and Higher Administrative Courts of Ukraine. The project is currently underway with the completion scheduled for 2017.