In July 2005 (and reconfirmed in Sep. 2006) ,the company obtained an A+ Rating from Ma’alot (an S&P affiliate in Israel).
Main consideration to the rating:
- Business and financial risk – lower than average
- Positioning – higher than average
- Qualitative management
- A policy of conservative investments
- Liquidity and debt coverage levels – higher than average
- As a subsidiary of Electra Ltd. and a part of the Elco Group, the company enjoys
strong financial and managerial backings