MEDA LT certified among the "Strongest in Lithuania" leaders: the company's financial soundness assessed

For ten years in a row, the most financially sound companies in Lithuania have been selected and awarded the “Strongest in Lithuania” certificates. This certificate certifies that the company is reliable, has a high credit rating, develops a fair business culture and is helping to build a better future for the Lithuanian economy. MEDA LT has also been awarded the same rating in 2020 and 2021.

Reliability and responsibility

“Reliability and responsibility are, in my opinion, among the most important criteria for a successful company. Despite the fact that we went through a difficult pandemic period for our business, quarantine closed our main customers for a long time and many of them stopped investing in medical equipment, we fulfilled all our commitments to our business partners, our employees, the government, remained active in the market, and found ways to increase our sales and growth. “The “Strongest in Lithuania” credibility rating is a testament to our values-based financial reputation and once again confirms that we and our team are on the right track,” commented Jaunius Jokūbaitis, Director of MEDA LT.

According to the founders of the certificates, the “Strongest in Lithuania” award is given annually to companies that responsibly fulfil all their obligations. To qualify, companies must meet the highest credit ratings, based on annual performance and default information. Statistics show that only around 28% of the world’s population is affected each year. companies meet the stringent criteria for “Strongest in Lithuania” certification. These companies are said to generate as much as 59% of the EU’s GDP. turnover of all companies operating in the country, and earn as much as 77% of the GDP. profits. They also pay their bills almost 2 times faster than other companies.