Mission
Our corporate mission is to make STO one the most innovative and efficiently managed multinational companies in the region.
Vision
To become the most successful and the most efficiently managed multinational company (in the country) that would make every individual of the nation proud by the year 2014.
By the year 2014 STO will become the most successful and the most efficient parent company (of a diversified group of subsidiaries) in the Maldives. By then, we will be a diverse multinational company that would become the first Maldivian company to be listed in an internationally recognized stock exchange. We will never stop diversifying and would reach a stage where we will be manufacturing our own brands in our own manufacturing facilities. We will be renowned in the region as one of the most innovative companies in South Asia. We will make every Maldivian associate themselves with STO and will make them proud of the association with us. We will become one of the best companies to work for where one will have room to excel and grow. We will never lose sight of our core purpose and our contributions to society will come in many forms. Last but not least, investing in our shares will make you a happy investor. Year 2014 will not be a means to an end. It will be merely a beginning.
Core Purpose
The core purpose of STO since its inception in 1964 has been to import and supply staple foods and fuel on a sustainable basis. STO also plays a key role in stabilizing market prices. STO will move forward to expand and provide its services in a socially responsible manner, while ensuring that the core purpose is achieved.
Core Values
- Nation first - National interest is number one priority
- Customer focus - Delight each and every customer
- Employee well-being - Pleasant workplace, learning and growth
- Leadership - Excel with reliability, integrity, honesty and transparency
- Social responsibility - Care for the society and the environment
