OREANDA-NEWS. November 14, 2007. A presentation ceremony of awarding an “A” Level Solvency Certificate – high solvency, second level – will take place in JSC IDGC of the Center at 14:00 on November 14. The Certificate will be presented to JSC IDGC of the Center by Viktor Chetverikov, General Director of the National Rating Agency Ltd (NRA).

At the ceremony the representatives of NRA Ltd and JSC IDGC of the Center will report on solvency rating in Russia and speak about the factors, which had an effect on the company’s solvency rate.

The “A” Level Solvency Certificate confirms that a company can meet credit and liability commitments without losing paying capacity and financial stability. The company runs a low risk of solvency loss if the debt load is increased against current obligations. The financial indexation of JSC IDGC of the Center is favourable. The company is standing at a good level of solvency and liquidity with good key figures of turnover and financial stability. The activities of JSC IDGC of the Center earn profits and are characterized by a high profitability level.