Corporate Governance is the set of rules and principles established and applied by the company in the context of ensuring relations between the company’s management, shareholders, employees and all other participants.

KLEFER is committed to implementing corporate governance and our Board of Directors has developed clear policies that promote excellence within our corporate governance system. These policies are consistent with our commitment to operate with transparency, promote best practices and ensure compliance with policies, statutory rules and regulations and applicable corporate governance requirements.

The principles and practices applied by the company are reflected in the following regulations/policies:

Articles of Association

The Articles of Association of the Company is the body of formal rules and regulations established by the shareholders of KLEFER and in accordance with applicable laws. It defines the objective of the Company and regulates its scope.

Internal Audit

The Internal Audit is carried out by parent companies, KLEEMANN and FERMATOR.  It operates as an independent, objective  assurance and consulting activity, focused on the continuously monitoring and improvement of company’s operations. Its primary mission is to review and evaluate the internal audit system, ensuring its adequacy and effectiveness in achieving business objectives.

Internal Rules and Regulation of Operations

The Internal Rules and Regulation of Operations are provided by the Board of Directors and define the rules and procedures to be followed for administrative operations.

Protection of persons reporting on breaches of Union law – Law 4990/2022

The company, in compliance with the obligation of Law 4990/2022, has established an internal reporting channel (view more).