OREANDA-NEWS. Expert RA Rating Agency (RAEX) confirmed its Level A+, Sublevel 3 long-term credit rating (very high creditworthiness) in respect of IK Orlinaya Reka. The rating outlook is stable, meaning that it is very likely to remain intact in the medium term.

The rating's upside drivers included high liquidity adjusted for quality of short-term investments, high level of capital adequacy, low level of receivables on the assets side, and low level of accounts payable on the liabilities side.

The factors depressing the rating estimate include lack of business diversification, de-concentrated ownership structure, and heavy dependence on one revenue source as of 2013.