About the “Strongest in Lithuania”

What is the “Strongest in Lithuania” certificate?

“Strongest in Lithuania” is a distinction awarded to financially stable Lithuanian businesses that have an excellent credit history. The certificate attests to the company’s dependability and high likelihood of meeting its financial commitments in the future. This ranking shows the company’s strong financial position and performance, as well as its commitment to the growth of the Lithuanian economy and a fair corporate culture. The “Strongest in Lithuania” accreditation is an independent external certification of the company’s trustworthiness, facilitating risk assessment and creating long-term value.

Is the “Strongest” rating international?

The Creditinfo Lietuva credit bureau started providing this certification service more than ten years ago, following the model of Scandinavian countries. The “Strongest In” certificate is extensively used and well-known not just in Scandinavia, but also across the Baltic States: “Strongest in Estonia” is already in its fifteenth year, while the “Strongest in Latvia” is in its fifth year.

What are the certification requirements?

A good credit rating is the most significant assessment factor for the “Strongest in Lithuania” certificate. It demonstrates a low predicted statistical likelihood of defaulting for 90 days or more during the next 12 months.

A company’s solvency is evaluated and its ratings are based on its credit history. It consists of the fulfilment of the company’s financial obligations, punctuality of payments, financial results and their changes such as changes in revenue, profit, liquidity, equity, and other financial indicators. It also considers business connections, foreclosures, the status of the industry and other pertinent information. The credit rating considers over 100 distinct performance factors, each of which has a different influence on a company’s rating. Read the certification rules here.

How many certified businesses exist in Lithuania?

According to Creditinfo Lietuva data, over 15,000 enterprises have used the “Strongest in Lithuania” accreditation in the past 13 years. Trade, service, manufacturing, construction and transportation companies are those most commonly accredited.

“Strongest Leaders in Lithuania”

Certification of organisations with the “Strongest Leaders in Lithuania” certificate includes a 5-year credit history evaluation. This certificate shows that the firm has been able to maintain acceptable financial discipline for at least five years in a row and is a long-term trusted business partner. Nearly 1,000 companies have been named among the “Strongest in Lithuania” for five years in a row, earning the title of “Strongest Leaders in Lithuania”. Most companies use the certificate also when competing in foreign markets, so they apply to Creditinfo Lietuva for certificates in English.

“Strongest Leaders in Lithuania”

The “Strongest Leaders in Lithuania” certificate is given to company executives who demonstrate strong personal financial discipline and dependability. According to payment history, the certificate “Strongest Leaders in Lithuania” is only given to the CEOs of enterprises whose likelihood of late payment does not exceed 1.7%. This examination enables qualified managers’ business partners to demonstrate financial stability and the capacity to pay their obligations on time.

Are you the Strongest?

Consider yourself to be one of the most financially robust corporations in Lithuania, accounting for 77% of the country’s earnings and accounting for more than half of the country’s turnover? Check whether you fulfil the “Strongest in Lithuania” standards, join the circle of the most responsible businesses and accomplish even greater goals by utilising the benefits of this accreditation.

Certified Lithuanian companies

Strongest in Lithuania 2023

Strongest in Lithuania 2022

Certified Estonian companies