Annual Report
2020
Adrian Oehler
President Integra Holding AG
INTEGRA Holding Ltd. is an investment company owned to a minimum of 80% by the ORGU foundation, based in Sarnen in the Swiss Canton of Obwalden. The primary charter of the foundation is to:
- Ensure the independence of INTEGRA Holding Ltd.
- Undertake direct capital participation in Swiss companies domestically and abroad.
- Reinvest profits in order to ensure research and development within the organization and to provide financing for innovations in traditional as well as new areas.
Review of the financial year 2022
The post-Covid year 2022 was characterized by continuing uncertainty. After a brief sigh of relief at the beginning of the year, Europe has plunged into the next, much more serious crisis. The Russian invasion of Ukraine has shaken us to the core, bringing with it not only a humanitarian crisis but also serious, long-term economic repercussions. Together with sharply rising energy prices, this has further exacerbated the inflationary trend that was already becoming apparent, and further compounded the problems in international supply chains and component shortages. For the first time in more than six years, central banks raised key interest rates, bringing an abrupt end to the era of negative interest rates in Switzerland. Despite all the bumps in the road, all the Group companies came through the difficult year well and continued to pursue their growth plans.