Corporate news 18.3.2021 14:34

STA wins gold creditworthiness rating

Ljubljana, 18 March - The Slovenian Press Agency (STA) has won the gold creditworthiness rating from Bisnode in what the consultancy says is a certificate awarded to the most reliable, creditworthy and low-risk businesses.

The STA logo.
Photo: Tamino Petelinšek/STA
File photo

As a partner to the rating firm Dun & Bradstreet Bisnode performs financial analyses of businesses in 19 European countries, including Slovenia. The STA was ranked in the highest rating for 2020, at AAA.

The companies that have achieved the top rating for three consecutive years are awarded with the golden creditworthiness certificate of excellence, a certificate recognised Europe-wide. Only 4.4% of the 177,562 companies registered in Slovenia have one.

The excellence credit rating represents above-average value of business entities. It is based on financial statements for the past business year and predicts safety of operations for the next 12 months.

Such a rating is awarded to best companies with a key differential advantage, Bisnode said.

The STA's financial stability has been under threat after the Government Communication Office again suspended payments to the agency for the services it provides as a public service this year.