"Compliance" is understood to mean adherence to all laws, regulations and directives, as well as contractual obligations and voluntarily assumed commitments. Accordingly, not only violations of the law, but also actions that contravene self-imposed rules such as the articles of association, the partnership agreement, rules of procedure, internal guidelines and codes of conduct of the respective company or group, are to be regarded as compliance-relevant.
In addition to public criticism and the associated loss of image, legal violations can also lead to liability cases and heavy fines. In order to reduce or avoid the risk of both legal violations and internal rule violations occurring in advance, the code of conduct and the compliance management system came into force in the Wien Holding Group on 1 January 2016 and were communicated to employees. The code of conduct applies to all employees of the group and conveys the principles and values of Wien Holding. The compliance manual governs the organisation as well as the duties and responsibilities within the compliance management system. Decentralised compliance officers have been appointed in the subsidiaries who act as contact persons within the companies and report regularly to the Chief Compliance Officer of Wien Holding on the current status.
Whistleblowing system
The EU Directive on the protection of persons who report breaches of Union law („EU Whistleblowing Directive“) entered into force in December 2021 and was implemented through the Whistleblower Protection Act. In accordance with the EU Directive, the Act provides for the establishment of a channel for the confidential reporting of breaches of EU law.
Wien Holding is committed to integrity, transparency, and compliance with legal and internal regulations. An external reporting office in accordance with the Whistleblowing Act is available for the confidential reporting of potential legal violations, compliance breaches, or other grievances.
Reports can be submitted confidentially to the following reporting office:
You can reach the ombudsman's office using the following contact details:
All incoming information will be treated confidentially and reviewed and processed in accordance with statutory requirements.
