As a global engineering firm operating in many of the world's most dynamic but also some of the most volatile regions of the world, NEM Energy B.V., part of the Siemens Group, has to apply its combination of innovation and precision that characterises its product suite and approach to project delivery to its treasury management activities. Managing risk is a particular challenge, which has to be assessed and managed at an individual project level.
In this article Bert van der Donk, Treasury & Risk Manager dicusses how NEM uses trade instruments in combination with other approaches to help manage collectiosn risk that derives from both individual customer credit risk and wider political risks.
Bert van der DonkTreasury Manager
NEM Energy B. V.