Compliance in procurement

Strong purchasing  =  Compliance 

From the compliance perspective, purchasing process is subjected to special requirements and assessment of the risks involved. Transparent procedures are required to eliminate identified risks. Necessary care is taken to prevent any violation of the laws. Fair competition is established and regular appraisal of the supplier base is carried out.

We ensure our company's long-term success through complying with legal requirements, applied business transparency and instituted healthy competition. These are vital elements practiced in our day-to-day operations.

For this reason, we place challenging demands on ourselves and our suppliers:

• Fair competition
• Combating corruption
• Data protection
• Environmental protection 
• Work safety
• Compliance with laws
• Avoidance of conflicts of interest
• Protection of financial assets and information