CB confirmed rating for “ArmRosGazprom” and lowered rating for “Electric Networks of Armenia”

30.04.2009 | 15:57 Home / News / News /

Yerevan /Mediamax/. Central Bank (CB) of Armenia confirmed the rating for “ArmRosGazprom” CJSC, assigning it B ratings.

As Mediamax was told in the press service of CB, ratings are also confirmed for “Onyx GC” (C-), “Karkomauto” LLC (B-), “Muran” LLC (C+) and “Araratcement” CJSC (C+).

Besides, CB lowered ratings for “Electric Networks of Armenia” CJSC (from B- to C+), “Yerevan Poultry Factory” OJSC (from C+ to D+), “Zovq” JV OJSC (from C- to D+), “Royal Armenia” JV LLC (from C- to D+) and “Armenian Molybdenum Production” LLC (from B+ to B).

CB also stopped rating “Mill AG” CJSC (the last rating – C-), since the latter did not secure the necessary minimum turnover for rating at the volume of 100mln AMD.

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