HALCOR SA

The goal of this action is to inform and raise awareness on HALCOR’s administrative employees and executives in relation to transparency issues, anti-corruption and corporate governance.

All HALCOR’s employees

2010: Launch of the educational program by training all HALCOR’s executives.
2012-2014: the company’s administrative employees received the same training.
In the near future: Application of the practice in the Company's

HALCOR, which implements more and more actions for responsible operation, proceeded to plan and implemented an important educational program about transparency, fight against corruption and corporate governance. This educational program began in 2010 by training all HALCOR’s executives, while the years 2012 - 2014 the company’s administrative employees received the same training.

The main topics that were mentioned, were:

• Corporate Governance’s role
• Corporate Governance Principles
• Legal framework in Greece
• Governance Associations
• Corporate Governance and Internal Monitoring
• HALCOR’s Corporate Governance framework
• Corporate Governance: Principles and Standards
• Transparency and Corporate Governance
• Corruption – Bribery
• Companies Transparency Practices (case study)
• Companies Transparency / Anti-corruption (case study).

This way HALCOR actively proves that its responsible and transparent activity is non-negotiable principle.

The educational program was developed and implemented in cooperation with freelance associates. The company aims to apply the practice in its subsidiaries, too, in the near future.

The majority of the company’s employees and executives participated in the program.

Oinofita Viotias – HALCOR’s facilities

This educational program began in 2010 by training all HALCOR’s executives, while during the years 2012 - 2014, 64 out of 91 of the company’s administrative employees received the same training. As a whole, the company has trained 70.3% of administrative employees and 100% of its executives on Corporate Governance, Transparency and Anti-corruption issues.

The program’s benefits are important to HALCOR and to society as well, since:

• Educating, informing and raising the employees awareness is achieved.
• Mentality change against corruption tolerance is putting forward.
• Transparency in the company’s operation is strengthened.
• The chances of relevant incidents taking place in the company are reduced.
• The risk connected to the presence of relevant incidents is reduced.
• The company’s commitment to morale and responsible operation is evident.