Values and Guidelines

Cooperation Principles

Our shared values are common, binding guidelines for cooperation and reflect our joint understanding of our company culture. We are convinced that the guidelines and a company culture that is clearly oriented towards partnership will strengthen the bond between the sites and will contribute to the lasting success of our company. Our managerial staff is obliged to pass these values on by setting an example so that all employees throughout the world base their actions and deeds on a single values system.

Flexibility

"We acknowledge that the world is changing and we initiate change for the better.

We will always challenge ourselves to improve and we are open to different solutions."

Global

"We will excel in those places where our customers want us to be.

We deal with our environment in a responsible way.

We work in global teams.

We have a global mindset and we welcome cultural diversification.

We speak English as our global language."

Independence

"We need to be independent to create our
own future; profit is the key element to maintain freedom.

Freedom as a company means freedom of individuals to find better ways of reaching common targets."

Innovation

"We initiate new, market oriented and profitable products, processes, and services as a front runner investing in innovation."

Partnership

"We want to develop trusted partnerships with customers, employees, shareholders and suppliers."

Passion for excellence

"We are striving for outstanding products, processes and services.

We set ourselves ambitious goals and are firmly committed to deliver or exceed what has been expected from us. Taking the initiative, continuous learning and improvement are just a normal part of our life."

Quality

"We act and behave based upon the First Time Right principle.

We challenge our quality always for improvement."

German Corporate Governance Code

The principles of good company management are an important management instrument for NORDENIA. The basis for permanent success is mutual trust. That is why NORDENIA agrees to transparent and responsible company management within the meaning of the Corporate Governance Code. With the Code, which was agreed by the Executive Board and the Supervisory Board in 2002, NORDENIA wants to strengthen the sustained quality of the company management and control. As a result, the confidence of present and future investors, customers, and employees in national and international markets will be promoted and strengthened. The Executive Board, the Supervisory Board, and the senior executives identify with the Code when fulfilling their tasks. As an unlisted company, NORDENIA is among the pioneers who are subjecting themselves to a Corporate Governance Code. Currently, only listed companies are obliged to do this.