OREANDA-NEWS. On February 1, 2007, Standard & Poor's (S&P) Ratings Services revised its outlook on Russia's leading industrial and consumer services conglomerate, Sistema (JSFC), to positive from stable. At the same time the 'BB-' long-term corporate credit rating on the company was affirmed. 

The outlook revision reflects the company's positive performance trend improving corporate structure and increasingly prudent approach to financial policy and balance sheet management.