For the company, the CrefoCert certificate is a sign of stability and quality, which confirms the stability of the company, contributes to the overall reputation of the company and the ability to meet financial obligations.
According to the calculations of SIA Crefo Rating, only 5% of Latvian companies meet the criteria for obtaining the CrefoCert certificate, so it is a special proof of excellent solvency among competitors. Business valuation is carried out by an independent and professional company using an objective and accurate assessment developed in cooperation with Creditreform Risk Management in Germany. The CrefoCert certificate is awarded by SIA CREFO Rating, which is a company of SIA Creditreform Latvija group. The certification process uses a detailed analysis of financial data, risk class and CrefoScore index calculations, which respectively reflect solvency indicators. In the analysis of financial data, various indicators are used, for example, structural data of the company (number of employees, age of the company, legal form, etc.), risk indicators of the business sector, information from the register of VAT payers, Creditreform credit history database, information about insolvency, liquidation, reorganization and other processes.
The obtained certificate confirms the responsible attitude of the Cēsu alus company and the implementation of the high payment culture. This certificate is a recognizable instrument of the company’s financial reputation both in Latvia and internationally, which ensures the reputation of a reliable and stable cooperation partner.
For information: JSC “Cēsu alus” is a reputation leader and one of the largest taxpayers in the Vidzeme region. The company is included in the SRS in-depth cooperation program, or “white list”, and has been recognized as the Best Employer in Vidzeme since 2012. JSC “Cēsu alus” is a gold-level participant in the Sustainability Index of Latvian companies.
