Gurtam, a leading player in the telematics and IoT industry, proudly announces a new prestigious achievement — the company got the “Decade’s Strongest in Lithuania” certificate issued by the credit bureau Creditinfo. This recognition confirms that Gurtam’s credit score remained continuously high for the last decade, a distinction held by only 1.8% of Lithuanian companies.
A good credit rating is the most significant assessment factor for the “Strongest in Lithuania” certificate. It indicates a low probability of Gurtam defaulting on its obligations for the next 12 months. Creditinfo evaluates solvency based on a comprehensive ten-year credit history, carefully examining the company’s financial indicators such as income, profit, liquidity, equity, and others.
Initiated in 2011, the “Strongest in Lithuania” certificate has become the gold standard for assessing financial soundness and creditworthiness in Lithuania. The companies that get this status demonstrate prompt compliance with tax obligations, timely payments to business partners and employees, and a commitment to developing a fair business culture that contributes to the growth of the Lithuanian economy.
This achievement opens new avenues for Gurtam to showcase its strength, positioning itself among the most successful companies in Lithuania.