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Prista Oil-Hungary Kft. Receives Dun & Brandstreet Certificate

12-02-2024

Dun & Bradstreet, the international provider of business information and company ratings classifies the financial stability and business reliability of all enterprises based on a proven system designed by international experts, and whose operation is consistently measured. This is how Prista Oil-Hungary Kft. has been chosen as one of the enterprises with the steadiest financial standing.

We are proud to be listed at the highest ranks based on Dun & Bradstreet's objective company rating. We pay considerable attention to acting fairly on the market, thus it is important for us that an external expert has confirmed the probability of our company's insolvency as outstandingly low. We believe that with reliance on the Dun & Bradstreet Certificate, we can further enhance trust towards our customers, suppliers, and employees, which is becoming more and more important in long-term, stable business relations. As the rating of our enterprise has been performed strictly in view of professional considerations, while no application or registration is possible for this rating, the Dun & Bradstreet Certificate is a truly positive distinction for our company on the market.

Prista Oil-Hungary Kft. has received Dun & Bradstreet's ‘A’ Certificate, which indicates that the financial risk of establishing business relations with our company is low.

The basis of the Dun & Bradstreet Certificate is Dun & Bradstreet's rating system, which has been used for rating companies in view of their reliability for decades. The Dun & Bradstreet Certificate is used in different areas of business in several countries across Europe.

The Dun & Bradstreet rating is based on data from multiple official sources, such as information from the Ministry of Justice, entries of the Courts of Registry, as well as the data of the National Tax and Customs Administration and other authorities. Financial information regarding the firm, such as balance data, profit and loss accounts, and trends are incorporated as well. It is incorporated from the Payment Experience Program into the rating whether the given enterprise settles its invoices at their due dates or with delays, i.e. what their payment discipline is.

As the Dun & Bradstreet rating does not only show the currently steady financial standing of our company, but it also indicates the probability of our business becoming insolvent in the forthcoming year, we can proudly state that Prista Oil-Hungary Kft. shall continue to be a steady actor of the market in the future, too.

Prista Oil-Hungary Kft. has been present on the Hungarian market since 2003, and it is engaged in the imports and wholesale of automotive and industrial lubricants. Our mother company, Prista Oil Holding is among the largest enterprises in Bulgaria, distributing lubricants produced in its own blending plants, as well as those innovative ones made by its partners. Prista Oil is a partner of Chevron Inc., one of the largest energy companies in the world, in several countries of Central and Eastern Europe, including Hungary, and has been an authorized distributor of the company’s renowned premium Texaco brand for decades.

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