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Fitch Ratings assigned EPG “BB” rating

logoInternational Credit Rating Agency Fitch Ratings assigned JSC ENERGO-PRO Georgia long term “BB” rating with stable outlook. Such a high evaluation from a respected rating agency is of course a success and rare exception, as the rating exceeds Country’s long term sovereign rating – reports EPG.

“On the one hand assignment of “BB” rating underlines Company’s financial stability and successful operation in the Country’s energy sector, which is the result of the work of every single employee if our company; on the other hand it opens completely new prospects for us in view of attraction of additional investments and improvement of service quality” – noted Director General of EPG Mikheil Botsvadze.

Fitch Ratings in view of credit ratings and research is one of the leading international agencies focusing on financial-information service spheres. International financial organizations and Investors pay great attention on Fitch Ratings for the future investments.