Expert RA rating agency confirmed credit status of IAI OMZ at Level A.

Among the factors that had a positive effect on the rating, agency analysts attributed the growth of OMZ capital 46% during the period from December 31 2008 to June 30 2011 and the growth of net assets and a positive net working capital of the company.

Mr Pavel Mitrofanov head of corporate and investment ratings department at Expert RA said “It should be noted that the OMZ is moving toward reducing the debt burden as well as plans to obtain a positive net profit in 2011. In the medium term financial stability of OMZ is likely to increase.”

Analysts also noted the quality of organization of risk management system, strong market position and high level of the company information transparency.