Following a review process conducted by external auditors regarding transactions with SME companies that occurred during the period between January 1 and December 31, 2017, Blumar and its subsidiary Salmones renewed the ProPyme Seal that they have maintained since 2016 in both the fishing and aquaculture areas.

The ProPyme Seal is a certification granted by the Ministry of Economy to those companies that accepted the commitment to pay invoices from their small and medium-sized suppliers within a period not exceeding 30 days, a commitment that is audited annually by an external institution that certifies compliance with that requirement.

Among the requirements demanded by such certification, it stands out that the company must have a percentage equal to or greater than 5% of smaller supplier companies in relation to the total number of its suppliers.

It must also pay at least 95% of invoices issued by its SME suppliers, without any type of charge, withholding, discount, commission or other charges to invoice assignees within 30 calendar days from receipt.

HIGHLIGHTS

The companies that provide services to Blumar S.A. amount to 12,574. Of these, 72% are SMEs.

At Blumar S.A., the percentage of invoices from SME suppliers that were paid within 30 calendar days following receipt was 99.7%. 

 At Blumar S.A., the percentage of invoices from SME suppliers that were paid within 30 calendar days following receipt was 99.7%.