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SAARE KÜTUS AS: Public Procurement
SAARE KÜTUS AS has over the course of time secured various public contracts, on average 1,4 times a year, with the first one won 12 years ago in 2009. The company has received 17 slices of the state pie, in return having completed works or provided services for the common good to the value of 462 321 euros. This sort of money is enough to kick-start a nice little company.
The year 2019 was record-breaking for this company, winning the largest procurement - "Diislikütuse ostmine raamlepingu alusel" - to date with the total value at 100 000 euros. But the company did not rest on its laurels, they kept putting in the effort and the turnover for 2019 eclipsed all earlier years.
On average, one public contract supplies approximately 1/156 of SAARE KÜTUS AS's turnover. The loss of income from public contracts would not affect turnover much but no doubt it would keep the company on its toes.
SAARE KÜTUS AS has bid in public procurements 19 times to secure winning contracts.
The company is a solid business partner to the state that pays more taxes to the State Treasury than has received in sales turnover from its public contracts. Like a top-of-the-class student, this company has never in its history failed on its tax and reporting obligations. Neither has it swindled its business partners.
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