Ratings

Credit and reliability ratings

Rating of Services and Management Quality

Expert-RA Rating Agency presents classic credit ratings of companies from all branches of economy - regional and municipal - and ratings describing different aspects of corporate and social responsibility: corporate governance rating, environmental liability rating.

Besides that, our Agency regularly prepares and publishes ranking lists (rankings) of the largest Russian companies and leaders in separate sectors of economy as well as ratings of regional investments attractiveness.

Credit ratings

First ratings were assigned by Expert RA in 2001. The main purpose of credit ratings is to present all-round independent assessment of credit standing of companies and regions.

Currently Expert RA credit ratings have been assigned to over 200 companies from real and financial sectors of economy (including companies from Eastern Europe, CIS and Baltic states), as well as to the Russian Federation regions.

Credit ratings are assigned based on Expert RA own methodology, that takes into account specifics of the Russian economy. The Agency’s methodology was approved by leading international auditing-consulting companies PricewaterhouseCoopers and Deloitte&Touche.

Expert RA, same as other national rating agencies, operates in consistence with the Basel committee recommendations.

Ratings of separate aspects of companies' social responsibility

Purely business information is nowadays insufficient for making investment decisions - potential investors also require assessment of a company’s social life, including its interaction with shareholders, society in general, attitude towards environment.

As of 2003 Expert RA Rating Agency has assigned to companies ratings of environmental liability, allowing a reliable assessment of environment-related activity. Our methodology was approved by the World Wildlife Fund and other non-governmental environmental organizations. Ratings of environmental liability have been currently assigned to 30 companies.

In 2004 the Agency in consortium with the Russian Institute of Directors (RID) has embarked on a "National rating of corporate governance" project. The project is characterized by giving broad range of domestic companies and permits to form a judgment related to quality of corporate governance in almost all Russian joint-stock companies of interest for portfolio investors. Currently corporate governance rating of Expert RA-RID consortium has been assigned to 150 companies.

Lists of economic branches' largest companies and leaders

Since its establishment Expert RA Rating Agency has been regularly preparing and publishing ranking lists (rankings) of the largest Russian companies (including the most significant list of the largest Russian companies "Expert-400"), as well as information on leaders in different segments of the Russian economy (IT, insurance and leasing, auditing-consulting, etc).

The results constitute good ground for analysis of the Russian economy in general and its branches in particular.

Investment ratings of regions

Since 1996 Expert RA Rating Agency has been annually preparing and publishing the rating of investment attractiveness of the Russian regions. The rating methodology is based on assessing investment potential and risks in each region of the Russian Federation. The investment attraction rating has been approved by federal and regional authorities, investors and business communities as a reliable instrument, providing for analysis of regional trends and proper investment decisions.

Besides assessing the level of investment attractiveness of the Russian Federation regions, Expert RA Rating Agency estimates investment and business climate of municipalities formations and CIS countries. Recently the Agency has prepared the rating of business climate in large Russian cities, as well as investment rating in Kazakhstan regions.