Supervisory Board

The supervisory board of a public company founded by the Republic of Serbia has five members, one of whom is the president.

The president and members of the supervisory board of a public company founded by the Republic of Serbia are appointed by the Government for a period of four years, one member of the supervisory board being an employee, and one member must be an independent member of the supervisory board.

Supervisor Committee:

  1. adopts a long-term and medium-term business strategy and development plan and is responsible for their implementation;
  2. adopts an annual or three-year business program, aligned with the long-term and medium-term plan of business strategy and development from point 1 of this article;
  3. adopts a report on the degree of realization of the annual or three-year business program;
  4. adopts a quarterly report on the level of compliance of planned and realized activities;
  5. approves financial statements;
  6. supervises the director's work;
  7. adopts the statute;
  8. decides on status changes, establishment of other legal entities and capital investment;
  9. makes a decision on the distribution of profit, that is, the method of covering the loss;
  10. conclude work contracts with the director, in accordance with the law governing labor relations;
  11. performs other tasks in accordance with the law and statute.

 

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