OREANDA-NEWS. April 02, 2007. Affirmed B2 rating is the result of Azovstal’s sustained performance in 2006 and substantial improvement of financial results: in 2006 EBITDA increased by 19% and net profit increased by 16%, reported the press-centre of  Azovstal. Affirmation of B2 rating testifies that Azovstal is a financially stable, investment-attractive company, it fulfills its commitments to the partners (including investors) on time and in full.

Reference:
PJSC Azovstal Iron & Steel Works is a modern hi-tech enterprise that produces the wide range of metal products. Azovstal Iron & Steel Works is one of three leaders by production of iron, steel and rolled products in the industry rating of Ukrainian metallurgical enterprises. Azovstal Iron & Steel Works is a part of the Metinvest Group, which performs the strategic management of SKM Group mining and metal business. Metinvest Holding LTD is the management company of the Metinvest Group.