Corporate Governance

The AVIO Group has adopted a system of coherent Corporate Governance with own objectives imprinted to management modernity, distinctive in the products, services, technologies and processes, and internationalization of the social structure, guaranteeing also to all the company levels the adoption of behaviours characterized from the maximum correctness, transparency and rigorous attention to the respect of the inner rules and the binding laws.

It certainly is a continuous evolution since times of belongings to the Fiat Group, shareholder of the AVIO Group till 2003, with important turning point in 2004 as a result of adoption from the Board of directors of AVIO S.p.A of a system aligned to the principles elaborated from the Committee for the Italian stock exchange Corporate Governance (c.d. Preda code or "Code of Self-discipline" of the quoted societies).

In general terms, the system of Corporate Governance of the Group is characterized by central role of the Board of directors and its Committees, from the transparency of the managerial choices, from the ' effectiveness of the implemented inner control system with adoption of codes, principles and procedures that discipline the activity of all organizational and operating components of the Company and that they are constantly object of self-test and independent inner audit and of adaptation in order to answer in effective way to the evolution of the normative context and domestic and international market.