June 2023
Legality Rating, Nitesco International awarded two stars

Good morning to all our Customers, Suppliers, Friends and Supporters,

 

Let me introduce myself I am Francesco Cazzaro, as President of NITESCO INTERNATIONAL, I am pleased to inform all of you that our Company has been awarded the Legality Rating, it has been ratified by the Antitrust Authority (AGCM), Rating obtained with a score of 2 stars out of 3.

Legality rating is a rating system that measures a company's degree of compliance with ethical and legal standards and principles. It is used to assess the reputation and trustworthiness of companies, rewarding those that demonstrate a high level of integrity and transparency in their business practices.

The Autorità Garante della Concorrenza e del Mercato (AGCM) is an independent Italian agency responsible for the protection of competition and the market. The AGCM is responsible for ensuring the proper functioning of markets, preventing anti-competitive practices, and promoting legality in business activities.

The legality rating is awarded by the Italian chambers of commerce, at the request of companies, and is based on a detailed analysis of company processes, policies and procedures. Several areas are considered, including compliance with laws and regulations, occupational health and safety management, tax fairness and commitment to environmental sustainability.

Companies that obtain a positive legality rating demonstrate that they operate in compliance with all legal and statutory provisions, that they have an ethical approach to conducting their business. This certified recognition is a competitive advantage, as it is considered a sign of reliability and fairness by Customers, Suppliers, Public Administrations and Institutions.

Legality rating is among the evaluation indexes and can be among the requirements for the award of public contracts, where companies with a high legality score can enjoy the trust of Contracting Stations. This promotes in the business environment incentive practices that guide to operate in accordance with laws and ethical standards.

In summary, the legality rating is a tool that promotes ethics, legality in businesses, in the market, in the country, rewarding those that demonstrate correct and responsible behavior. It contributes to the creation of a future-oriented business model that operates with integrity and transparency for the benefit of all economic operators and especially consumers.

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