Principles and Framework
As regards to corporate governance issues, the Company applies the provisions of laws 2190/1920, 3016/2002 and 3693/2007, which have been incorporated in its Memorandum of Association, its Internal Operation Regulation and in the Audit Manual it has prepared
Moreover, the most recent law 3873/2010, which incorporates the European Union Directive 2006/46/EC in Greek law, essentially establishes the adoption of Corporate Governance Codes by companies.
In compliance with the provisions and stipulations of the above Law, the Company has adopted and applies the Corporate Governance Code of the Hellenic Federation of Enterprises (S.E.V.) the text of which is available here .
Specifically, the Company complies with the special practices for listed companies in the Code, including the exceptions that are provided for small listed companies.