Fitch Ratings improves the credit rating outlook of Navoiyuran State Enterprise

International credit rating agency Fitch Ratings has revised the credit rating outlook of Navoiyuran State Enterprise from “Stable” to “Positive” and affirmed the company’s Long-Term Issuer Default Rating (IDR) at “BB”.

The revision of the outlook to Positive creates additional opportunities to enhance the enterprise’s investment attractiveness, expand cooperation with international financial markets, and facilitate the implementation of new projects.

This decision reflects an international assessment of the company’s financial stability, strategic importance, strong position in the uranium market, and significant growth potential.

The result is regarded as international recognition of the transformation processes underway at Navoiyuran State Enterprise, as well as its effective corporate governance system and sustainable development strategy.

G.Khonnazarov, UzA