On October 1, 2024, leading Russian rating agencies Expert RA and the Analytical Credit Rating Agency (ACRA) assigned credit ratings to Northern Capital Gateway LLC. Expert RA assessed the company's creditworthiness at ruAA+, ACRA - ruAA with a stable outlook.

Among the factors that influenced the assessment, analysts highlight very high profitability, a strong market position, comfortable liquidity and a low level of debt burden. According to analysts, passenger traffic demonstrates stable growth rates that exceed pre-crisis levels and will continue to increase in 2025 due to the launch of new Russian routes and the development of international transportation. Experts noted the transparent ownership structure, a high level of strategic and operational planning. In addition, an important aspect is the credit quality of the region (ruAAA) and support from the state. The level of corporate risks is assessed as moderately low.

The high creditworthiness of the Pulkovo airport operator is an independent confirmation of the financial stability of the organization. This is evidence of the reliability and stability of the company for partners, creditors and investors, as well as a step towards access to additional financial instruments.

A stable outlook means that the company's rating will remain unchanged for 12 months.

Credit rating agency Expert RA was founded in 1997 and is currently the oldest and largest Russian rating agency. The agency's ratings are included in the lists of official requirements for banks, insurers, pension funds, issuers and are used by the Bank of Russia, the Ministry of Finance, the Ministry of Economic Development, the Moscow Exchange, as well as other companies and departments.