Development of Risks in 2016

 

Risk / Category

 

Status

 

 

 

equal Unchanged     decreased Decreased     increased Increased

Overall economic risks

 

increased

Sales-market risks

 

equal

Procurement-market risks

 

equal

Market-trend risks

 

equal

Investment risks

 

equal

Production risks

 

equal

Financial risks

 

 

Credit risks

 

equal

Fluctuations in exchange rates and interest rates

 

increased

Liquidity risks

 

equal

Pensions

 

equal

Legal risks

 

equal

Regulatory risks

 

 

Energy transition

 

equal

Polysilicon anti-dumping proceedings and trade restrictions

 

increased

New regulations for upstream, intermediate and downstream products and for production processes

 

equal

IT risks

 

equal

Personnel-related risks

 

equal

External risks

 

equal