OREANDA-NEWS. On August 07, 2007 JSC SITRONICS (“Sitronics” or “The Company”) (LSE: SITR), a leading provider of telecommunications, IT and microelectronic solutions in Russia and the CIS, with a growing presence in other EEMEA emerging markets, announced that Fitch Ratings has confirmed SITRONICS’ Long-term Issuer Default rating (“IDR”) of "B-" with a stable outlook, reported the press-centre of SITRONICS.

Dmitry Ivanov, First Vice President and Chief Financial Officer, commented: “Fitch’s rating is an important indicator of our operating activities and financial position. It follows the confirmation of our credit rating by Moody’s Investors Service.”