Expert RA awarded KIT Fortis Investments an A++ rating

October 02, 2008

The Expert RA rating agency has awarded KIT Fortis Investments the top reliability and service quality rating A++ (level “exceptionally high/highest level of reliability and service quality”).

“The highest appreciation of the reliability and service quality of KIT Fortis Investments is based on the highest level of investment process organization, top quality risk-management system, faster-than-market AUM growth, and integrated software and diversified risk-management tools utilization” – mentions Head of Investment Ratings Expert RA Pavel Mitrofanov. “To install one of the best risk-management systems on the Russian market and to efficiently manage investment process the company adopted experience of its European partner – Fortis Investments. “

Expert RA Awards B + Rating to Obuv Rossii Group of Footwear Companies

September 25, 2008

The Expert RA rating agency has awarded to the Obuv Rossii Group of footwear companies the B+ rating of creditworthiness.

The B+ rating means that the creditworthiness of the Obuv Rossii group of footwear companies is satisfactory, and, on the whole, corresponds to the average level in the given rating class. The parameters of its industrial and commercial activity, financial stability and solvency as well as the company’s level of corporate management generally do not hinder the execution of its obligations. However, some factors are already having a negative impact or may have one on the efficacy of the Company’s activity in the near future. The risk of the company’s total or partial default is assessed as being acceptable.

Applications for the 8th Contest of Russian Innovations Welcome

September 24, 2008

The EXPERT Innovational office informs about the start of yet another, 8th Contest of Russian Innovations. The Annual Contest of Russian innovations has been organized and conducted by Expert Mediaholding since 2001.
Entries may include innovational projects in various fields of science, engineering and technology which may be at different stages of development, introduction and operation of innovational products and technologies. Project may be authored by organizations (without limitations as to their size and type of legal entity), creative groups and natural persons.

Project examination and assessment is carried out by the Contest’s panel of experts which includes, among others, Fursenko A.A., Minister for Science and Education, Milovantsev D.A., deputy Minister of Information Technologies and Communications, Bortnik I.M., adviser to the science and education Minister, Vyshegorodtsev M.M., minister for the Moscow Government, head of the Department for the support and development of small enterprises in Moscow, Kovalchuk M.V., a corresponding member of the Russian Academy of Sciences (RAS), academic secretary of the Presidential Council for science and high technologies, Nakoryakov V.E., RAS academician, director of the Institute of perspective research (Novosibirsk), Zhuravlev Yu.I., RAS academician.

Expert RA Confirms A ++ Rating of the Management-Centre Management Company

September 24, 2008

The Expert RА rating agency has confirmed the reliability and service quality A ++ rating of the Management-Centre management company (Moscow) (level “exceptionally high/highest level of reliability and service quality”).

The highest assessment of reliability and service quality of Management-Centre is based on its streamlined investment process, a qualitative system of risk assessment, the growth of managed assets and high parameters of profitableness. “In implementing its project investments the company has used the outsourcing of accompanying services (assessment, client search for acquisition and sale of businesses, etc.) which enables the management company to reduce costs for the upkeep of a large staff of narrow specialists”, says Marina Kholmakova, RA Expert, department of financial institutions.

Expert RA Confirms Reliability A+ Rating of Rossia Insurer

September 23, 2008

The Expert RA rating agency has confirmed its reliability A+ rating of the ROSSIA insurance society (a very high level of reliability).

The factors, that allowed to evaluate the company’s reliability at this level include, among others, its high business reputation and the insurer’s well developed brand. The Agency’s analysts note the insurance company’s positive experience in the settlement of big losses. ОSАО ROSSIA’s insurance portfolio is highly diversified and stable. “The company’s financial situation is characterized by low parameters of unprofitableness from insurance activity and operational costs” says Alexey Tersky, RA expert, Department of financial institutions ratings. The Expert RA agency also gives a positive assessment of the insurer’s high liquidity, its well-balanced and stable investment portfolio.