OREANDA-NEWS. National Rating Agency has affirmed its 'A' credit rating on Stroy-Management 'OTKRITIE" LLC (SM OTKRITIE).

The rating is supported by SM OTKRITIE's diversified business portfolio (construction and real estate management projects) and a vast range of reliable partners. The company's management team has considerable experience and competence in carrying out projects falling within SM OTKRITIE's line of business. NRA notes that the liquidity risk of the real estate projects has a very little impact on the company, as the main industry risks are carried by SM OTKRITIE's partners.

The rating is constrained by the company's short track record of independent operations, modest stand-alone operating performance and heavy reliance on the partners' projects.