PJSC «Stroytransgaz»stroytransgaz.ru/eng/
PJSC Stroytransgaz established 1990 is one of the largest construction and development companies in Russia and the CIS implementing and managing industrial construction projects in the fuel / energy and other sectors for over 20 years. The company provides all types of large-scale project implementation services from project documents to guarantee maintenance. The Stroytransgaz group encompasses building, engineering, industrial, oil / gas, and financial entities employing more than 10,000 people. The company’s units are located in 9 regions of Russia and 14 countries of the world.
Rating Actions06.05.2015AK&M Rating Agency has withdrawn the 'B++' tier 3 national scale credit rating of PJSC Stroytransgaz, with a stable outlook, due to its expiration.
AK&M Rating Agency
Ul. Gubkina 3, Moscow, Russia
www.akmrating.ru
Phone no. (495) 916-70-30, fax no.: (499) 132-69-18.
27.04.2015The downgrade primarily results from the Company's persistently loss-making operations, lower equity capital, and growing debt.
Last year, PJSC Stroytransgaz posted a net loss of almost RUB 1,413 million.
In 2014, gross profit of PJSC Stroytransgaz decreased by 26%, sales profit dropped b06.05.2014
CJSC AK&M Rating Agency affirmed the national scale credit rating assigned to Public Joint Stock Company Stroytransgaz / PJSC Stroytransgaz, PJSC STG) at 'A', tier 3. The outlook is stable.
The 'A' rating indicates that PJSC Stroytransgaz qualifies as a highly reliable b13.05.2013The ‘A’ rating indicates that PJSC Stroytransgaz qualifies as a highly reliable borrower. Risk of a delay in meeting liabilities is relatively low, restructuring risk for a loan / part of a loan is minimal.
We appreciate the growing net profit, higher return ratios, rapidly shrinking lo20.04.2012The ‘A' rating indicates that OJSC Stroytransgaz is qualified as a highly reliable borrower. Risk of a delay in meeting liabilities is relatively low, restructuring risk for the loan / part of the loan is minimal.
The company’s rating score is supported by the recently observed growt