EUROFIMA’s funding and hedging activities, including the related investor relations work, are exclusively managed by the Capital Markets unit. All operations consider relevant laws, regulatory requirements and accounting standards.
The General Assembly defines the maximum size of annual borrowings. The Board of Directors authorizes the Management Committee (i.e., the executive management) on a yearly basis, to raise funds for equipment financing contracts and liquidity purposes up to the approved limit by the General Assembly. Additionally, the Board of Directors sets the limits for the asset and liability mismatch.