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Georgian Railway praised

2010-06-18 12:03

Georgian Railway was given high assessment from two international rating organisations - Georgia Times correspondent.


According to the administration of the company, on June 14th Standard & Poor's granted it В+/В stable.

On May 10th the similar assessment was given to it by Fitch Ratings Ltd.

"The assigned rating is the maximum that a company, with a 100% local capital, can obtain. As a result "Georgian Railway" LLC is the only non-bank institution in Georgia, and the only railway in the region, which has successfully received ratings from the two world-known rating agencies," the site of the company states.

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