The National Rating Agency (NRA) has assigned JSC ROST Group, the largest producer of greenhouse-grown vegetables, a credit rating of “A|ru|” on the national scale for the Russian Federation. The outlook is stable.
With this, ROST Group confirms a high level of creditworthiness across two independent rating agencies (NCR and NRA), marking an important milestone in executing its growth strategy and enhancing financial transparency.
Among the key factors highlighted by NRA are the company’s strong market position: ROST Group is the leader in Russia’s greenhouse vegetable market, with total production reaching 459 thousand tons in 2025. The agency also noted the high quality of corporate governance and risk management, moderately strong EBITDA margins, diversified sales channels, and proximity to key distribution hubs. With greenhouse complexes across 15 regions of Russia, the company ensures minimal delivery times to national retail chains.
Natalia Loresh, CEO of ROST Management Company, commented: “Receiving a second A|ru| credit rating from NRA is a natural result of our ongoing efforts to strengthen financial discipline, transparency, and management quality. It is important to us that both leading Russian rating agencies—NCR and NRA—have highly appreciated our market position, profitability, and corporate practices. This strengthens the confidence of our banking partners and enables us to manage our debt portfolio more efficiently while maintaining our investment momentum. We continue to build new complexes in Siberia and the Far East, upgrade existing facilities, and develop our flagship brands — Flamenco, Medovye, and Botanika.”
