Nordic Modular's business is conducted exclusively in the subsidiaries. The role of the Parent Company is to coordinate and develop business outside of the subsidiaries’ current field of activity. The structure we have chosen serves to define the business's different product ranges, business models and focus areas. There are currently three subsidiaries, each of which is responsible for its individual area of operation: Temporent, Flexator and Nordic Modular Leasing.
The Managing Director's responsibilities and authorisation vis à vis the Board are governed by written instructions. Supervision and control at Group level is exercised primarily using financial reporting systems and through the Board’s work within the subsidiaries. Administrative supervision and control at subsidiary level is exercised using certified quality and environmental management systems as well as written authorisations and decisions etc.