UPECO Company has occupied the third line out of twelve according to the international Coface rating. Our company got BBB-, BBB, BBB+ rating. It testifies that
UPECO has good financial indices and that the danger of default remains minor.
The first line with the rating AAA, AA+, AA, AA- occupy large and exceptionally stable companies, the danger of default for them is close to zero. The second group with the rating A+, A, A- consists of large and middle-sized companies with a high degree of financial stability and very low danger of the default. Only largest international companies make, as a rule, the first and the second groups according to the rating.
“The rating of
UPECO Company is applicable to the “higher than average” grade, - Olga Rozhdestvenskaya,
UPECO Company’s financial director, says, - and it could be still higher, but for country’s risk (Russia as a whole has a low credit rating), that is being taken into consideration while reckoning the indices”.
The international rating was designated by
Coface insurance company in January, 2010. Coface educed our company’s level of stability on the basis of objective and independent financial and marketing data, analytical and expert estimations.
Coface is the largest in the world insurer against non - payments in export-import operations. The Coface Company which has more than 50 years of experience and passed the quotation getting AA class of the Fitch rating system, is represented in 176 countries of five continents.