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Forbes names Krones one of Europe's Top 50 trustworthy companies

By Ben Bouckley+

16-Jun-2014
Last updated the 17-Jun-2014 at 10:45 GMT

Forbes names Krones one of Europe's Top 50 trustworthy companies

Krones is celebrating after US business publication Forbes named it among Western Europe's 50 most trustworthy companies.

The German beverage filling and packaging technology firm scored 98 points out of a possible 100, with its listing based on a study conducted by GMI Ratings evaluating risks in connection with business management and balance sheet probity.

GMI analyzes 4,000+ companies listed on Western Europe’s stock exchanges against circa. 60 different criteria, and arrives at an Accounting and Governance Risk (AGR) rating.

Krones chairman, Volker Kronseder, said: “We are delighted to rank among Western Europe’s most trustworthy companies. This accolade confirms that Krones stands for sound, ethical business management.”