STARCO BELI MANASTIR ACHIEVES TRIPLE-A CREDIT RATING

27-04-2015 -

Once again, the success of the STARCO BM steel wheel factory in Croatia has been demonstrated by accreditation by independent professional observers – this time with the award of a triple-A credit rating by one of Europe’s leading credit rating companies.

The accreditation this month of STARCO Beli Manastir as a triple-A credit-rated company is an important milestone for the STARCO manufacturing company in Croatia of which the local management and staff, as well as the rest of the STARCO Group can be proud.

Now, thirteen years later, the decision by STARCO has been vindicated many times by the tangible success and performance of the STARCO Beli Manastir factory, which today delivers most of the steel wheels sold by STARCO worldwide – supplemented by other STARCO wheel manufacturing operations in China, Switzerland and United Kingdom.

Within a few years of its opening, STARCO has the approval and accreditation of many major agricultural and industrial OEM companies and their independent auditors. This is laying the foundation for strategic partnerships and alliances with many customers that form the basis for production in Beli Manastir today.

The inclusion of Croatia in the European Union in 2013 greatly simplified the implementation of the STARCO Global strategy, giving STARCO distribution companies easy access to the products of the Croatian factory for their markets and customers, and quickly enhancing the business environment in Croatia. This was recognized in November 2014 with the award to STARCO BM of the prestigious “business fly” award.

The award this month by the respected Swedish based credit information company BISNODE of a Triple- A rating to STARCO BM underlines that the success of Beli Manastir is not only founded on human resources, manufacturing processes and quality performance, but also on the sound fiscal management and profitability which STARCO customers demand.

Congratulations to the management and staff of STARCO Beli Manastir for their continued efforts and success!