11 April 2022

COBAR Spa RECEIVES THE “LEGALITY AND PROFIT” NSA-ECONOMY AWARD

«Being one of the first 100 companies in Italy to receive this award is an honor – says Cobar executive manager Vito Matteo Barozzi – Legality is not just an obligation, it is an advantage. The biggest one for our company and for all companies that follow this lead ».

Cobar Spa is among the first 100 “honest and thriving” companies in Italy. The company, an Italian leader in artistic restoration and reconstruction founded 40 years ago in Altamura by Mr Vito Matteo Barozzi, has received the “Legality and Profit” Economy-Nsa Award, created for the first time under the patronage of the Italian Senate. The award was set up and organized by Economy Group, in cooperation with Nsa, a leading company in credit mediation, and Rsm, an auditing and accounting organization company, to be received by the first 100 “honest and winning” companies that displayed extraordinary economic tenure, along with their adoption of fair practices and respect of laws and regulations. The selected companies aamong those included in the Legality Rating public register have undergone a process of balance sheet analysis, and have a proven outstanding track record of methodical observation of laws and legal frameworks.

This is an important accolade for the Apulia-based company, selected from a list of 10.000 candidates in Italy for its outstanding legality rating, given by the Italian Competition Authority to all companies that possess the appropriate prerequisites, along with the best performing balance sheet. in particular, the Legality Rating certifies that a given company has not breached any judicial, criminal or administrative laws and regulations, and can produce considerable performance and profit by being awarded public funding, participating in public tender offers and obtaining credit access.

«Being one of the first 100 companies in Italy to receive this award is an honor – says Cobar executive manager Vito Matteo Barozzi – and a call for perseverance on the road of legality, which perfectly mirrors our company’s philosophy. We have received the highest ranking in the Legality Rating and our every action is conceived to follow this direction. Legality is not just an obligation, it is an advantage. The biggest one for our company and for all companies that follow this lead. Today, our commitment, both in the private and public sector, is focused on intervention on some of the most precious heritage sites in Italy. Namely, I’m thinking of the reconstruction of the Basilica in Norcia, where, at the start of the construction site only a few weeks ago, we were honored to be visited by the President of the Republic, Sergio Mattarella.»

The awarding ceremony was held in the Sala Capitolare of the Chiostro di Santa Maria sopra Minerva in Rome, with the presence of the deputy secretary for Economic Development Mr. Gilberto Pichetto Fratin, the president of the Italian Anticorruption Authority Mr. Giuseppe Busia, the director of the Legality Rating program within the Italian Competition Authority Ms. Ombretta Main, and many notable actors and stakeholders from the business and finance sector.

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