LogiNet has again received the AAA Gold rating for financially stable companies

Dun & Bradstreet: our company is among the most financially stable domestic companies for the sixth year in a row
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04 OCTOBER 2024
The AAA Gold rating for the most financially stable companies was awarded to LogiNet again this year
According to the independent international rating agency Dun & Bradstreet, LogiNet Systems has maintained the highest AAA rating for business stability, awarded to only 0.63% of companies in Hungary. We are proud to present the stability and reliability of our company to our customers and partners with this certification.
For the sixth consecutive year, LogiNet Systems has received the AAA certification from Dun & Bradstreet, the international provider of business information and certification services. This independent expert assesses the financial stability and business reliability of companies based on a methodology that is continuously measured and proven by international experts.
The fact that we have retained our AAA certification for the sixth consecutive year is a significant achievement, not only because only 0.63 per cent of domestic companies have such recognition, but also because we have managed to excel in a changing economic environment. LogiNet has a GOLD rating from Dun & Bradstreet.

What does the Dun & Bradstreet AAA rating mean?

The AAA, AA and A rating systems were introduced internationally in 1989, and since 1996 domestic companies have demonstrated their business stability in the form of a Bisnode certificate. After the merger, the name of the ratings issued by the company was changed to a Dun & Bradstreet (D&B) Certificate.
Dun & Bradstreet's decision is based on objective financial indicators and algorithms, and there is no request or application process.
The rating system examines company and market trends and includes financial information, balance sheet data and profit and loss statements for the company, in addition to data from official sources. It also takes into account the age, activity, size and ownership of the company and monitors press coverage.
The rating is not only based on Dun & Bradstreet's outstanding international experience but also reflects Hungarian specifics, thus providing a company rating that is unique in our country. The Dun & Bradstreet certificate is used in many European countries in various business sectors. It is an excellent signal to competitors, employees or even potential investors that the company is a strong, financially sound player in the market.
In Hungary, only 9.82% of companies are eligible for AAA, AA or A ratings, with only 0.63% of companies in Hungary having the highest rating, AAA (Triple A). The AAA rating means that the financial risk of doing business with a company with this rating is extremely low.

Dun & Bradstreet certificate types

  • In Hungary, only 0.63% of companies have an AAA (triple A) rating, with which the financial risk of establishing a business relationship is extremely low.
  • AA (double A) certificates are issued to 1.75% of companies in Hungary. The financial risk of doing business with them is very low.
  • Only 7.44% of companies in the Hungarian market are A-certified, which means they have an excellent credit rating. The financial risk of doing business with them is low.

Stable financial fundamentals even in a rapidly changing economic environment

We are proud to continue to have an internationally recognised business rating, reserved for the most financially stable and creditworthy companies. We are confident that the Dun & Bradstreet certification demonstrates to our current and future partners that we believe in fair and honest business relationships and provide a unique guarantee that when they choose LogiNet, they are working with a company that plays by the rules of business fairness.
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John Radford
Client Services Director UK