Trimo agreed with the banks

Trebnje, 31 January 2014 - The Management Board of Trimo has efficiently finalised the process of concluding the so-called Master Restructuring Agreement with all lending banks.

By signing this Agreement, the lending banks enabled Trimo Group to repay the principal amounts under the current loans gradually till end of the year 2017. Trimo Group has during the contractual period undertaken to regulary pay the principal amounts and the interests according to the payment plan.

The agreement will contribute to the financial stabilisation of the company and enable the Group to again focus all its efforts on its business operations. The banks will provide on-going support for the company, particularly by issuing new guarantees, which are of key importance in acquiring new business.

Trimo is a global company, whose brand is successfully present in the markets of 54 countries, and which currently employs over 900 people in its group of companies. Through its subsidiaries, representative offices and agents it has a direct presence in 27 countries and it has production plants in Slovenia, Russia, Serbia, and the UAE. During its fifty years of existence, the company has sold over 45 million square metres of roofing and facades.

Press release