30.03.2017

PJSC SIC “Borshchahivskiy Chemical Pharmaceutical Plant” confirmed its long-term credit rating at the uaAA level. This was announced by the independent rating agency Credit-Rating.

 The rating outlook is stable, indicating the absence of any preconditions for changing the rating during the year.

 A company being assigned the uaAA rating is characterized by its very high creditworthiness as compared with other Ukrainian debtors or debt instruments. In particular, in order to confirm the uaAA level, a company should be one of the most innovative pharmaceutical manufacturers and invest in its own development, and also have a low level of debt burden and conduct transparent activities.

 When updating the credit rating, the agency used BCPP’s financial statements for 2016, as well as the internal information provided by the Company within the rating process.

  Yevgeniy Sova, Commercial Director of BCPP: "The assignment of the uaAA credit rating means that we are on the beam and keep stable positions in the market. This assessment is based on the extensive experience in the industry and effective work. Despite the difficult economic situation in the country, we continue to pursue our agenda and invest in our own development. For instance, we are planning to invest UAH 317 million in modernization of ouk manufacture by the end of 2018. "

  Please see the full BCPP’s rating history and rating reports on the website of the agency Credit-Rating.