OREANDA-NEWS. On 1 August 2008 was announced, that international ratings agency Standard & Poor’s has confirmed a positive rating of “B+/negative” for Ukrainian steel pipe and rail way wheels producer Interpipe.

Commenting on Standard & Poor’s rating, Oleksandr Cherniavskyi, Interpipe’s Chief Financial Officer, said:

“The confirmation of Standard & Poor’s positive rating is recognition of the company’s strong business performance in 2007 and continued progress during the first months of 2008. Interpipe is an ambitious company and we are delighted to maintain the same credit rating as last year. Our corporate rating now coincides with the sovereign rating of Ukraine. The rating underlines that Interpipe is a reliable business partner and a truly global company”.