Object and purpose of ’s Code of conduct is a guide to the principles of conduct in relations both within the company and externally. Our personal integrity is crucial and based on these rules. We act ethically and obey laws and regulations. Our business relationships with all partners are based on honesty and trust. Managers and employees are equally obliged to act in accordance to the regulations in the Code of Conduct. In addition to the relevant statutory regulations this Code as a binding framework for action. The Code cannot replace personal responsibility and common sense. When an employee is faced with a problem which is not explicitly mentioned in the Code, she or he must examine whether her or his action is lawful and whether the good reputation of Prime Industries could be harmed by her or his actions.
No corruption and bribery! Bribery and corruption can occur in various forms. It may be in cash or other favors. The intent is always to influence the recipient’s decision to obtain an advantage for the person or company offering the advantage. It is irrelevant whether the employee offers such favors or accepts them. It does not matter who the counterparty is (a state, a company or a person). No matter how small or big the favor or advantage is, corruption or bribery remain illegal. Prime Industries attaches’ great importance to the care of its business relations. However, these relations can never be more important than our ethical principles. We choose our business partners exclusively due to objective, business-related criteria. We ensure that our business partners share our rules of conduct regarding business conduct and ethics. We do not grant or accept any business courtesies that might affect business decisions. We do not tolerate bribery. Therefore gifts, invitations or other benefits, from suppliers, customers and other business partners are neither allowed nor granted or accepted. Except when they are a gesture of general politeness or business practices, and do not exceed a small value and intended improper influence of a business decision or an official act can be excluded. If it is not possible tactfully to refuse inappropriate gifts, these can be accepted. In such cases the gifts are be donated to a charitable organization. Offering, granting, demanding or accepting cash or benefits that have a cash character is never allowed. All employees are required to inform their superiors if a business partner or official offers or requests an inappropriate personal benefit.
The respect of ethics and integrity is an important part of ’s Code of conduct. The company mission states that we serve only the civil sector. In development projects the knowledge and traceability is given on the application. The responsibility to be active in equipment supplies exclusively in the civil sector, is taken very seriously by our employees and clarified with the customer.
Competition is in conformity with competition law of all countries, regardless of whether the agreements are written or oral. We avoid any actions that are intended to restrict competition. We behave performance-oriented in the market and with fairness both to customers and suppliers. We discuss, agree or cooperate in any way with respect to strategies, prices, markets, customers, products, production or other market-sensitive aspects of our competitors.
Socially responsible working conditions creates a positive working environment, by respectful, decent and professional interaction. People are hired and promoted on the basis of their abilities and achievements. We do not tolerate bullying, harassment or discrimination. We respect the human rights of our employees and provide a safe and hazard-free workplace.
Environmental responsibility and product safety is committed to the conservation of natural resources and shows this in its choice of raw materials, the optimization of material and energy consumption, and the systematic integration of environmental aspects in research and development, production, usage and disposal. We bear responsibility for the environment and society. This responsibility is anchored in our mission and in our vision.
Our society depends on non-renewable resources to over 80 percent, this also endangers the climate and environment. The mobility features especially badly because it consumes a third of the resources, and this with an extremely low efficiency of below 30 percent. However, mobility is also the solution. Electric drives are many times more efficient and enable the use of renewable and domestically produced energy for our mobility. Intelligent solutions also save a lot of valuable resources such as rare earths. Copper and aluminum can be recycled. Only such solutions can be implemented in the future in large quantities without generating new resource bottlenecks.
is planting a 100.000 sq. forest near the Danube River south of Bucharest from its annual profits!