Risk Management

Responsible corporate management for us implies diligence in terms of opportunities and risks. Using opportunities sensibly, recognising potential risks and evaluating them objectively, avoiding or controlling excessive risks-these are the tasks of our sophisticated risk management system.

Risk reporting:: Risk reporting where market know-how is greatest: decentralised in the respective domestic and foreign business units. Thus, every three months risks are recorded locally-based on a standardised risk catalogue-and are analysed with regard to the prospective amount of damage they may cause and their probability of occurring. Simultaneously, operative units assess existing and planned measures and provisions and evaluate these.

Project controlling:: A special computer-based project controlling enables monitoring the entire project and order execution. We only work with selected partners who possess tried-and-tested methods and technologies. Subcontractors are regularly put through stringent quality and credit assessments.

Finance management:: We are steer and minimising not-insubstantial currency and financing risks with pro-active financing management. Monitoring the world's currency markets, credit checks, cooperation with renowned banks and credit institutions, and intelligent financing concepts are part of our daily business.

Human Resources:: We are a think-tank. The foundation of our market values-reliability, innovation, dynamism, openness-is formed by our employees and managers. We counter personnel risks with modern personnel development measures that are tailored to our individual requirements and core activities.

The foundation of everything we do