06 Apr 2017

Baltic Exposervice receives CrefoCert Gold certificate

Company Baltic Exposervice for the third consecutive year has kept perfect solvency indicators and repeatedly receives CrefoCert Gold certificate stating the company’s excellent paying capacity, supreme culture of discipline towards payments and the stability of the company.

CrefoCert Certificate is an internationally recognized quality mark, which certifies the stability of the company, promotes its overall reputation and demonstrates its ability to meet financial commitments. CrefoCert certificate is a hallmark of the company to prove its stability, reliability, and excellent performance of its financial obligations.

Assessment of enterprises is performed by an independent and professional company, by using an unbiased and precise evaluation process, created in cooperation with Creditreform Risk Management in Germany. CrefoCert certificate is being awarded by Crefo Rating Ltd., which is the group entity of Creditreform Latvia Ltd. The certification process involves detailed financial analyses, calculations of the risk class and the CrefoScore index, which adequately reflects the indices for paying capacity. 

According to Creditreform calculations, only 5,7% of enterprises in Latvia comply with the criteria for obtaining the CrefoCert certificate, and only 2,8% – with CrefoCert Gold.