Control and supervision of the operations of Tecnomen Group's operations are based on planning and reporting systems at different levels of the hierarchy. The objective of the control and reporting system is to ensure that the company’s operations are efficient and profitable, that information is reliable and that official regulations and internal operating principles are observed. The company’s Board of Directors is ultimately responsible for the company's accounting and for supervising the management of the company’s assets. The President and CEO is responsible for the practical implementation of the accounting and control and reporting systems.
Long-term planning of the company’s business is guided by the corporate-level strategic plans that are updated each year. Business risks and the achievement of goals are monitored at corporate and Board level with a monthly reporting system. Monthly reports presented at meetings contain actual figures for past performance and up-to-date forecasts for future performance.