The Board of Directors executes general management of the Company.
BoD consists of seven members elected by a general stockholders meeting of the Company for a period up to the next annual General meeting of stockholders.
The BoD main terms of reference are issues of the Company Budget and Business-plan approval, confirmation of the most important deals as well as issues regarding development of new projects and business-lines.
The main function of the Governing Board is to fulfill on the daily basis the company strategies and resolutions of the BoD.
The Governing Board is formed by the BoD. The Governing Board terms of reference are first of all issues concerning arrangements of putting into practice resolutions of the General stakeholders and BoD meetings, approval of internal rules and regulations, approval of goods and services prices of the Company.
CEO is a personal executive body of the Company being elected for the four-year term.