Investments

Investment policy:

- Allocation of considerable funds for construction of utilities infrastructure and equipment
- Funding sources: Budget, funds from City-owned companies and institutions, international capital market, public-private partnerships and concessions


Credit rating

  Standard&Poor’s:  
 -local currency issuer rating BB+/negative/
 - foreign currency issuer rating BB+/negative/
updated 12.8.2103.

  Moody’s:
 - foreign currency issuer rating Ba1/negative
updated 1.2. 2013.