Finances

Financial projections, economic indicators, real estate, grants, procurements and asset values of beneficiaries

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The year 2009 was record-breaking for this company, winning the largest procurement - "Tervishoiuteenuste osutamine 6079909" - to date with the total value at 218 792 euros.

Typically, one public contract makes up a staggering 1/1 of MAGNUM & CO OÜ's turnover! That is a substantial proportion and the loss of income from public procurements would probably deliver a death blow to the company's turnover.

This makes it plain to see why the company is so active in tendering. – in all MAGNUM & CO OÜ has bid in public procurements 3 times to secure winning contracts. Considering the bureaucracy involved in public procurements, it must take up considerable time at the expense of other money-making ventures.

The company is a solid business partner to the state that, on average, pays taxes to the State Treasury amounting to 13,2% of the sum 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.