Corporate Governance Principles
Ekspress Grupp supports independent and transparent journalism; therefore, protecting our credibility is of utmost importance to us. Its prerequisites include compliance with the principles of journalistic ethics as well as the general codes of conduct and legislative acts. In our decisions and daily work, we adhere to the following principles:
- In our business activities, we proceed from legal regulations in all of our markets (Estonia, Latvia, and Lithuania), the Company’s articles of association, as a publicly listed company from the requirements of Nasdaq Tallinn Stock Exchange, the guidelines of the Corporate Governance Code (CGC) and the equal treatment of its shareholders and investors;
- There is zero tolerance at the Group regarding conflicts of interest, corruptive behavior of dishonest competition;
- Corruption, ethics and other compliance risks are generally managed at the subsidiary level, but in order to ensure uniform conduct, new employees of the group companies are introduced to the company’s business philosophy, journalism ethics, source protection, sales and marketing issues, and human resources policies;
- At the Group level, regular information exchange takes place between the Management Board of the parent company of Ekspress Group and the senior management of subsidiaries. This ensures the involvement of a larger circle of decision-makers and transparency in case of large-scale transactions, changes, and decisions;
- We pay more targeted attention to making team cooperation, employee dialogue, information movement and assumption of personal responsibility more efficient;
- We place value on a motivating work environment and investing in our employees. We focus on retaining and training our current employees as well as training and supporting successors.
We consider it important that all group companies are managed in an honest, law-abiding, and ethical manner.