OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on European Printing Technologies LLC (EPT) due to expiry of the rating contract. The company cannot be assigned an exit rating, as there is no information enabling NRA to apply its methodology. EPT's first-time credit rating of 'A' on NRA's national scale was assigned on Oct.14, 2014.

EPT holds a part of the assets of the PPK Group, a holding company, which also comprises Pervy Polygraphichesky Kombinat LLC. The Group's assets, EPT and PPK operate as a consolidated entity and are under common management and operational control. EPM leases printing equipment to PPK for lease payments.

Pervy Polygraphichesky Kombinat LLC is a newspaper and magazine printing complex, providing a full range of printing services. The PPK Group is headquartered in Krasnogorsk Rayon of Moscow Oblast. PPK's state-of-the-art printing equipment allows for the production of around 500 million full-colour magazine and newspaper copies a year.