RASK, the rating agency of construction industry, assigned А2 reliability rating to LSR Group, which is an excellent (very high) reliability level. According to the results, LSR Group became the company that received the highest reliability rating among all Russian construction companies.
The 'A' ratings indicate the highest level of reliability and are assigned for the exceptionally effective management system, company's capability to fulfill its obligations to customers and complete all projects under construction, as well as compliance with the transparency requirements stated in Federal Law No. 214-FZ of December 30, 2004. Potential negative influence of external factors on such companies is inconsiderable.
Yuri Ilyin, Managing Director of LSR Group, notes: 'LSR Group is one of the leading Russian real estate developers. The company is trusted by investors, both existing and potential, as well as clients, which is very important considering current market situation. We strive for maintaining the accepted Russian and international quality and reliability standards. Ratings like this bring more transparency to the market and allow the customers to understand the company's industry position.'
For more information please contact:
LSR Group Press Service
+7 (812) 333-11-11
E-mail: press@lsrgroup.ru
www.lsrgroup.ru
OJSC LSR Group published this content on 07 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 07 November 2017 12:23:07 UTC.
Original documenthttp://www.lsrgroup.ru/en/investor-relations/news-and-press-releases/2017/lsr-group-awarded-a2-reliability-rating-by-rask-.html
Public permalinkhttp://www.publicnow.com/view/EBC3809283F490531F16E47C07200D0F303F21A8