OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A' credit rating on ZemStroyProject Limited Liability Company.

Given ZemStroyProject's basic business profile (the company engages in construction and property sale projects as a financial investor and asset holder), its rating falls into the "Holding and Financial Companies" section of NRA's Rating List.

The rating is supported by ZemStroyProject's good quality assets, whose market value by far exceeds their book value; the company's ability to meet its targets in both the construction and sales areas; its supportive and financially strengthening key partners, as well as its moderate operational and business risks. We note the last year's considerable decrease of ZemStroyProject's debt burden.

The rating is constrained by the company's still negative balance sheet capital and falling reported revenue.