We act with the belief that the human factor will play the most important role in the achievement of organizational goals most effectively; and with the awareness that the starting point is the "HUMAN BEING".

It is our department and company policy to work with a trained, dynamic, qualified and happy work force with team spirit which is creative and able to use the most advanced technology, which takes initiative and is open to continuous personal development, and considers working at Ekol as a privilege.

HUMAN RESOURCES WORKING PRINCIPLES

• Respect for People
• Objectivity
• Corporate Priority
• Confidentiality
• Information flow
• Scientific Approach

HUMAN RESOURCES TARGETS

• Achievement of organizational objectives
  
  Workgroups which contribute to the achievement of organizational objectives are established within the company. Such that, each sub-unit contributes to the achievement of organizational objectives by performing the jobs in its field of responsibility.
  
  The overall work performed in Human Resources aims at ensuring that the human resources are more effective, efficient and compatible.
  
  
• Addressing employees' needs
• Activities concerning organizational structure
  
  A solid structure requires the description of roles and jobs in the company. Since there is an extreme acceleration in the growth of information, the organizational structure is not static and should therefore be reviewed according to changing conditions and needs. H.R. therefore, tries to ensure that the organizational structure is reviewed according to new needs that arise. Objectives of the H.R. are:
  
  
  • Realization of the recruitment process
  • Addressing employees' training and development needs
  • Realization of achievement - performance evaluation, career planning activities
  • Preparing the proper working environment
  • Taking a leading role in topics such as adaptation, and resolution of conflicts.
    

RECRUITMENT AND EMPLOYMENT

This topic defines the process of employee recruitment for operations with identified human resources needs; with the purpose of availing Ekol Lojistik A.S. with well educated, energetic, dynamic human resources with a potential to develop personal skills and to improve job processes, who are open to innovations and change, and willing to work in team spirit.

The main principle of the recruitment and employment activity is to give an equal opportunity, without making any discrimination and distinction, and ensure equal promotion possibilities to people who are competent in view of knowledge, skills and behaviors required by the job; and who will adopt, and keep alive, the values of Ekol Lojistik A.S.

WAGE POLICY

The Company's wage policy aims to increase employee performance and quality by applying a wage system based on an in-service competition which targets perfection. Wages, therefore, are determined according to the competency and performance of the employees, and market conditions.

Wage increases are realized twice a year in March and in September with the purpose of keeping track with actual market trends and rewarding increased performance. A market wage inquiry is carried out prior to each wage increase period.

PROMOTION

Ekol is planning to implement a Performance System, structured on the principle of analyzing personal achievements for an increased future performance of employees, in 2004. With the Performance System, personal goals will be directly linked with the Company's strategic objectives; thus, it'll be ensured that employees realize the goals set for them, and develop the basic competencies required for success in business life. Employee career development plans will be made in accordance with the results of the Performance System, and a suitable environment will be created within the Company for inter- departmental job rotation and proper chances of promotion.

TRAINING PROGRAMS

It is the objective of Ekol Lojistik A.S., to increase efficiency continuously by ensuring that all Company employees receive more practical and theoretical professional knowledge concerning their jobs, gain job skills, and enhance their personal skills for further responsibilities and potential
initiatives for progress.

The aim of the Training and Development System designed to be implemented throughout Ekol, is to increase employee's added value in the organization by ensuring both personal development and process improvement. Ekol gives equal training and development chances to all its employees through training programs.

The basic objective of training programs organized in the Company, is to increase the technical knowledge and skill level of employees in their present jobs, and to supply technical knowledge and skills which will be required by them in their next job anticipated in their Career Plans.