The goal of market, credit and liquidity risk management in the KGHM Polska Miedź S.A. Group is to restrict the undesired impact of financial factors on cash flow and financial results in the short and medium terms and to enhance the Group’s value over the long term.
The management of these risks includes both the processes of risk identification and measurement as well as its restriction to acceptable levels. The process of risk management is supported by an appropriate policy, organisational structure and procedures.
In 2014 a „Market Risk Management Policy in the KGHM Polska Miedź S.A. Group” was approved which covers selected mining companies in the Group. Design work also began on the implementation of consistent credit risk management principles in these companies.