RAEX (Expert RA) rating agency confirmed A++ «Exceptionally High (Highest Possible) Credit Rating
On 7 December 2016 Expert RA rating agency confirmed Mostotrest’s A++ «Exceptionally High (Highest Possible) Credit Rating/Outlook Stable»
The key factors that have had a positive impact on the rating were, among others, high profitability, low foreign exchange risks and high quality of insurance protection. Analysts also highlighted the Company’s high level of transparency, geographic diversification of ongoing projects as well as high quality of risk management
Expert RA Managing Director of Corporate Ratings Pavel Mitrofanov noted that «Mostotrest is engaged in construction of major infrastructure projects under government contracts. The high level of social significance of these is considered by the Agency as a strong support factor».
NOTES TO EDITORS
Mostotrest is a major, diversified infrastructure construction company, with an established presence in all core and related market segments, and a participant in Russia’s first public-private partnership projects. According to EMBS Group, an independent industry consultancy, in 2015 Mostotrest held a 13.9% share of the total Russian transport infrastructure construction market.
Mostotrest’s core competences include construction and reconstruction of bridges, roads and other transport infrastructure facilities; provision of road maintenance, repair and operating services. In 2012, Mostotrest also entered a new segment: management of road concessions.
The company was established in 1930 as a developer of complex and oversized bridges.
Mostotrest is currently participating in the implementation of a number of complex transport infrastructure development projects, such as construction of the Section 4 (km 208 – km 258) and Section 6 (km 334 – km 543) of the M-11“Moscow – St Petersburg” Toll Highway, construction and reconstruction of segments of the M-4 “Don” highway, construction of Kerch Bridge.
Mostotrest Ownership Structure:
94.2%: OJSC TFK-Finance;
5.8%: free float.For more detailed Company information, please visit www.mostotrest.ru