Media

PJSC Seligdar (MOEX: SELG, hereafter Holding or Seligdar) receives AA- |ru| credit rating in Russian rating national scale; the outlook is stable. 

According to National Rating Agency, the rating level reflects the high level of short-term liquidity and profitability, quality of strategic and corporate governance, and mature risk-management system. Besides, the Agency appreciated implementation of the efficient practices in responsible business management, integration of ESG factors in the strategy and operations, high quality management of environmental protection and rehabilitation, and engagement in development of regions of the Company’s operations. According to the Agency estimate, the above-mentioned factors are able to secure long-term and stable growth of the Company in interests of all stakeholders that would positively influence its creditworthiness.

The full text of the National Rating Agency’s press release can be found on its website (in Russian).