Just in time for its 20th anniversary, Krannich Solar has been awarded the CrefoZert creditworthiness seal by Creditreform Stuttgart for the second time. As a result, the global photovoltaic wholesaler now ranks among the 1.7 per cent of German companies certified as having an exceptionally strong credit rating.
From the word go, Kurt Krannich has focused on the stable, long-term development of his privately-owned wholesale business. This repeated recognition from CrefoZert confirms the successful implementation of this strategy.
For company founder and Managing Director Kurt Krannich, the creditworthiness seal sends an important signal as “just like before, insolvencies in the solar sector are unsettling both to our customers at home and abroad and also to our suppliers. Particularly for our customers – handicraft companies that can ill afford to take major financial risks – it is extremely important that they place their orders with companies that are stable in the long term”.
For Krannich Solar, its international focus is the guarantee for further positive development of the business. The company’s expansion in recent years has been wholly self-financed. Consequently, its entrepreneurial independence has not been affected, and the PV distributor is able to respond quickly and flexibly to market changes.