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Corporate Governance

The corporate governance in Industrial Holding Bulgaria (IHB) shall be based on the following principles:

  • Protection of the shareholders' rights
  • Disclosing information and transparency
  • Ensuring good governance of the Company by its management bodies.

Since 2003 untill 2006 IHB had prepared a Corporate Governance Program based on the OECD  Principles for Good Corporate Governance and an Annual Corporate Governance Report.
In October 2007 the National Corporate Governance Code was adopted.
On 26 October 2007 IHB Plc signed a declaration on adoption of the National Corporate Governance Code and will carry out its activity in compliance with its provisions. The document was published by BSE.
The compliance with the Code is based on the comply with or explain principle. Further related information is given in the Annual Financial Statements.