Organisation

FONES concludes compulsory stock agreements with the stockholding companies. These contracts oblige companies to store a defined quantity of a specific good of a specified quality at a specified location. The goods are regularly rotated and sold via the companies’ normal sales channels. FONES or a FONES-appointed control centre periodically checks the compulsory stocks.

Peter Lehmann
Stockholding Section (federal office)
Member of FONES senior management

Compulsory stock organisations

The compulsory stock organisations are private-sector organisations responsible for ensuring that compulsory stocks are held efficiently and without competition. In addition to managing guarantee funds, they are responsible for ensuring that the necessary volumes of goods are available.

They also represent the interests of the companies holding compulsory stocks towards the federal government and act as a link between the private sector and the state.

There are five compulsory stock organisations: