The RZHD rating left at BBB+
Fitch Ratings affirmed the RZHD rating as being set at BBB+ and having the stable outlook, as it was informed.
Fitch affirmed as well the following ratings: default rating of an issuer at BBB+ and short term rating F2 at AAA(rus). These ratings demonstrate the close compliance of the Company with the government and steady financial patterns. In line with the articles the key infrastructure should remain under the government control as far as RZHD is of strategic importance for the Russian economy.
RZHD was set up on the basis of the communications ministry as a wholly owned government company.
The 2006-net profit increased to 26.3bn rub. or 2.7 fold against prior year figures (9.7bn rub.).
Fitch affirmed as well the following ratings: default rating of an issuer at BBB+ and short term rating F2 at AAA(rus). These ratings demonstrate the close compliance of the Company with the government and steady financial patterns. In line with the articles the key infrastructure should remain under the government control as far as RZHD is of strategic importance for the Russian economy.
RZHD was set up on the basis of the communications ministry as a wholly owned government company.
The 2006-net profit increased to 26.3bn rub. or 2.7 fold against prior year figures (9.7bn rub.).
