OREANDA-NEWS. On 30 June 2016 Moody’s Investors Service has assigned a first-time non-investment grade Ba3 corporate family rating to Mostotrest. The outlook on the ratings is stable.

The key factors that have had a positive impact on the rating were, among others, the low risk business model, good revenue visibility, strong track record of successful projects execution. Analysts also highlighted the Company’s conservative financial policy and prudent development strategy.

“Mostotrest’s Ba3 rating weighs its position as Russia’s largest transportation infrastructure construction player, its good revenue visibility and healthy financial profile against its modest scale versus global peers, reliance on a flagging Russian construction market, and high project concentration with exposure to large high-risk multi-year works,” says Ekaterina Lipatova, a Moody’s Assistant Vice President – Analyst.

Mostotrest is a major, diversified infrastructure construction company, with an established presence in all core and related market segments, and a participant in Russia’s first public-private partnership projects. According to EMBS Group, an independent industry consultancy, in 2015 Mostotrest held a 13.9% share of the total Russian transport infrastructure construction market.