The Financial Department’s role includes planning, organizing, auditing and controlling the Company’s finances. It monitors the fiscal activities of the Company and is responsible for seeking (and carrying through) the necessary funding for these activities, be it traditional bank financing or alternative sources. Furthermore, it evaluates the financial viability of prospective investments of the Company’s clients and keeps up with the progress of the existing ones. It manages, allocates and invests the Company’s cash reserves and working capital and other assets and suggests / explores the appropriate alternatives. Moreover, its planning role primarily includes formulating the Company’s annual budget and budget projections for the coming years.

The Financial Department also follows up and informs the Senior Management on the economic developments  around the world. Finally, the Department is responsible for maintaining and promoting the Company’s relations with banks, investment firms and other financial market participants.