OREANDA-NEWS. 'Expert RA' rating agency confirmed 'TECHNO ELECTRIC' creditworthiness rating A, which means high credit solvency, and changed the outlook from stable to developing. The developing outlook means high probability of maintaining and changing the rating in the mid-term. The rating sublevel is three.

When the Company was rated, the Agency's analysts highlighted the moderately high profitability, high liquidity and high supplier diversification as positive factors.

The high debt level, low capital adequacy and low diversification of credit facilities for L/C opening restrained the Company rating.