MSI 20000 Certification: Success and competitiveness factor | Tunisia News Gazette

MSI 20000 Certification: Success and competitiveness factor

An awareness seminar on the MSI 20000 Certification: a Factor of success and competitiveness was held on Friday by the Export Promotion Centre (French: CEPEX) at the Exporter’s House in collaboration with the Tunisian Confederation of Industry, Trade and Handicrafts (French: UTICA) and in co-operation with the SGS Switzerland (leading providers of inspection, testing, verification and certification services.)

Destined to heads of export enterprises, all sector of combined activities seeking to develop and to strengthen their activity globally, this seminar aims to raise awareness among enterprises on the importance of the MSI 20000 Certification that help secures contractors on sustainability of providers and against their risk to bankruptcy.

The MSI 20000 certification was delivered to Tunisia in 2008, to multinationals, major groupings and financial institutions.

The standard is officially launched in 2008, following the subprime crisis. Initially driven by European players, the idea was to identify the healthiest values in the financial markets. Today, the standard has become widespread for any company wishing to measure the quality of its financial activity and to promote it; whether listed or not, any sector of activity can be a part.

The MSI 20000 specification sets the requirements for the financial quality of a structure, depending on its sector of activity. The list of requirements as a guideline serves to support certification, which is based on 2 axes: solidity and financial performance. Two fundamentals guaranteeing every company: profitability, solvency and long-term sustainability.

The MSI Organisation identified 44 fields of intervention. The Certification process’ financial support programmes for Tunisian SMEs are being reviewed.

Source: TAP News Agency

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