Supply Chain management

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Recognising that the diffusion of basic values ​​and standards in MYTILINEOS supply chain is a key component of responsible business behavior, publishes the first edition of its “Supplier & Business Partners Code of Conduct”. The company's operating principles on Procurement issues, described in this Code, arising from the business values ​​of the company. For the company, this initiative aims to promote Environmental Protection, to Ensure Health Insurance, to ensure good working practices, to enhance transparency and the prevention of child and forced labor including as well as the implementation of good sustainable practices in its supply chain, which generates mutual benefits.

The Procurement Policy, that MYTILINEOS follows, makes no distinction between local and non-local suppliers. However, since the company is operating in the Greek market, the supporting of local suppliers is one of its key sustainability practices.

For MYTILINEOS, the term “local supplier” refers to the Company’s suppliers and associates which are located in the geographical region in which the Company exercises its business activity and which, depending on the Company’s needs, gradually extends to the entire Greek territory.

The criteria that the company uses to select its suppliers include:

  • pricing policy,
  • product quality,
  • customer service,
  • conformity to the “Suppliers & Business partners Code of Conduct” of MYTILINEOS and
  • the overall market status of each supplier or business partner.
  • the procedures and practices applied in the selection of suppliers are characterized by transparency and meritocracy.

MYTILINEOS, despite the adverse economic conditions in Greece, saws consistency in the timely payment of its suppliers and business partners, as defined in the contracts awarded.