Managing Board

Management Board

The Management Board manages and represents the Company, working under the control of the Supervisory Board.

The Supervisory Board consists of 3 (three) members.

The members of the Management Board are elected by the Supervisory Board, which determines their remuneration and may replace them at any time.

The members of the Management Board must meet the requirements of the law.
The term of office of the Management Board is five years.

The Management Board adopts Rules of Procedure for their work, which are approved by the Supervisory Board.


Representative Authority

With the approval of the Supervisory Board, the Management Board determines the person/persons from its members to represent the Company (CEO/CEOs, Procurator).

The names of the persons authorised to represent the Company is entered in the Commercial Register.