OREANDA-NEWS. ‘Expert RA’ rating agency confirmed ‘Arkhangelsk Pulp Mill’ creditworthiness (long-term creditworthiness) rating A+, which means very high credit solvency. The outlook is stable.

High capital adequacy, high profitability in 2012 and moderately high liquidity had a positive impact on ‘Arkhangelsk Pulp Mill’ rating.

Low diversification of the Company’s business, the high debt level and low diversification of liabilities were highlighted among the rating-restraining factors.