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Expert RA Upgrades Acron’s Rating to ruAA-

  The rating agency Expert RA has upgraded Acron’s credit rating from ruA+ to ruAA- with a stable outlook.

The agency explained that the upgrade was driven by the Group’s strong financial performance, higher production following modernisation and capacity increases, and favourable conditions on the mineral fertiliser market that allowed the Company to reduce its debt burden in both absolute and relative terms.