This is the 1321st most frequent Russian word.
статуса
"Status" (state, condition, or position).
The word "статуса" in this sentence refers to the type or category of participation that needs to be specified during registration.
Регистрация на сайте требует ввода статуса участника.
Registration on the website requires entering the participant's status.
Here, "статуса" signifies the standing or rank of the company, which was improved as a result of success.
Повышение статуса компании произошло благодаря успешному проекту.
The company's status was elevated due to a successful project.
In this example, "статуса" relates to the position or rank of the officer that aligns with the distinction conferred.