InformInvestGroup’s Credit Rating Withdrawn
OREANDA-NEWS. National Rating Agency has withdrawn its credit rating on InformInvestGroup Closed Joint-Stock Company (IIG) due to expiry of the contract and the company's decision to stop participating in the rating process. No exit rating has been assigned to IIG as there is no sufficient information to apply NRA's rating methodology in accordance with Article 12, Clause 5, of Federal Law No. 222-FZ 'On the Activities of Credit Rating Agencies in the Russian Federation'. NRA's first-time individual credit rating was assigned to the company on Mar. 03, 2014. The latest rating update dates May 26, 2015.
Founded in 2007, IIG operates in the computer and information technology market, in particular, designs and implements cabling systems and secure solutions for data centers, telecommunications, energy supply, information technology systems, etc.
IIG is a central entity for InformInvestGroup, a holding company, operating in the Russian and CIS states' markets since 1999. The Group member companies offer a wide range of services from system integration services to developing branded software and IT/ computer science products. The Group has executed dozens of projects for telecommunications operators, as well as large government and corporate customers. The most visible projects have been executed for the Internal Affairs Ministry, Federal Migration Service, Federal Protective Service (FSO), Unified Energy System Systemic Operator, Rostelecom Corporation, Gazprom, Vympelcom, Megafon, etc.
NRA’s analytical products, including ratings and the contents of this press release, are statements of NRA’s independent opinion as of the date they are expressed and not statements of fact or recommendations to make any investment decisions or conduct any stock market transactions. NRA is not responsible for any results obtained from the use of opinions and/or information contained in this press release.
While NRA has obtained information from sources it believes to be reliable, NRA does not guarantee that this information is perfectly correct, complete and accurate, as it does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.
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