Corporate Governance Statements

  Report
2016 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2016
2015 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2015
2014 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2014
2013 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2013
2012 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2012
2011 The Corporate Governance statement issued by Cramo Plc's Board of Directors in 2011
2010 The Corporate Governance statement issued by Cramo Plc’s Board of Directors in 2010

Corporate governance statements

Corporate governance

The corporate governance at Cramo is based on Finnish law and the Company’s Articles of Association. The Group complies with the rules of Nasdaq Helsinki Ltd and the Finnish Corporate Governance Code 2015 published by the Securities Market Association. The Corporate Governance Code is available on the Securities Market Association’s website:  http://cgfinland.fi/en/. Cramo does not deviate from the Finnish Corporate Governance Code Recommendations.

The Group’s headquarters are in Vantaa, Finland and the Company is listed on the Nasdaq Helsinki Ltd.

Cramo prepares annual financial statements and interim reports conforming to Finnish law and International Financial Reporting Standards (IFRS). Statements and reports are published in Finnish and English.

Overview of Corporate Governance Components at Cramo Group

The Group’s control and management responsibilities are divided among the General Meeting of Shareholders, the Board of Directors with its two committees, and the President and CEO, the Group management team, managing directors of subsidiaries, and the General Management Meeting. The Board of Directors supervises the performance of the Company, its management and organisation on behalf of shareholders. The Board of Directors and the Group management team are separate bodies, and no one serves as a member of both.