Risk management implies systematically protecting Stralfors’ resources and income opportunities against risks of loss or damage, so that objectives and requirements are achieved with a minimum of disruption. Successful risk management ensures customers’ a

Risk analysis
Stralfors continually maps the risks the Company runs, and actions are taken to reduce and preferably eliminate them. Each Business Area carries out risk analysis of its operations. Safety and security risks can be identified early and prevented by following up statistics from reported events, accidents and near accidents, as well as compiling reports from the Company’s own checks, inspections, audits, risk management surveys, and through unannounced inspections. Risk assessments and safety and security aspects are parts of contract handling, project management and working environment work.

Internal security standard
Legal and financial risks, such as taxes, contractual jurisprudence, insurances and handling of foreign exchange are undertaken both prior to contracting and during contract implementation. Operational risks are handled via the Group security standard. For Stralfors and its customers, the standard provides considerable advantages. Optimal conditions are created for successful risk management through the holistic approach. The standard covers both day-to-day activities and new constructions and reconstructions. Some central security aspects are described below.

Insurances
Assets and business activities are insured against property and interruption losses respectively. Stralfors is running a number of international, joint Group insurance programmes. These include global liability insurance with built-in protection for sudden, unforeseen, environmental loss.