At today’s ordinary session of the Shareholders Assembly of Crnogorski elektroprenosni sistem, members of the Company’s Board of Directors have been unanimously appointed on behalf of the majority shareholder – the State – Dragan Laketić, Vesna Bracanović, Igor Noveljić and Zoran Rakočević, and on behalf of a strategic partner Terna-Rete Elettrica Nacionale S.p.A. Luigi De Francisci and Claudio Marchiori. The Shareholders Assembly adopted a decision on the appointment of Jelena Matejić from Public Enterprise “Elektromreža Srbije” as a new member of CGES Board of Directors.
The agenda for the seventh Shareholders Assembly covered the most significant issues relating to the operations of this Company. In addition to the appointment of new members of the Board of Directors, Operating Statement for the year 2015, Financial Statements and independent auditor’s report have been adopted.
Besides, the shareholders have adopted a decision on loan indebtedness for financing the construction of power infrastructure for Luštica project, as well as the adoption of CGES Remuneration Policy and selection of Auditor for Crnogorski elektroprenosni sistem AD for the year 2016.A constitutional meeting of the Board of Directors composed of newly selected members was held on same day in Podgorica. Mr. Dragan Laketić has been appointed the Chairman of the Board of Directors, whereas Mr. Luigi De Francisci has been appointed the Vice Chairman of the Board of Director. Luigi De Francisci