The credit policy is establishing best practice for credit management and is
based on the guidelines in the Corporate Governance Manual. The purpose
with the policy is to ensure better control of outstanding receivables, overdue
debts and the credit risks.
This document serves as a framework and reference for the detail policy
contained in the "Credit Policy and Procedure" .
This policy will be updated yearly in order to reflect changes in the economic
and the market situation.
Credit control department is centralized at country head office and lead by Credit
Controller, reporting to CFO.