OREANDA-NEWS. National Rating Agency has affirmed its national scale 'A' credit rating on North-West Investment and Production Company CJSC (NWIPC).

The rating is supported by the company's good-quality assets, favourable financial performance in the period under review, improved debt maturity profile and zero external debt, as well as its affiliation with a strong financial and production group with a unique experience in implementing and operating industrial and infrastructural projects. The company can capitalize on the group's resources and, in all probability, obtain a timely extraordinary support.

The rating is constrained by NWIPC's negative financial results in the past reporting periods, which pressurize the size and growth of its equity and affect its overall financial strength.