Industrial Holding Bulgaria AD

11/25/2020 | Press release | Distributed by Public on 11/25/2020 05:34

IR Release: Changes in the Management Board of IHB

25 Nov 2020 | 12:45

With a decision of the Supervisory Board of Industrial Holding Bulgaria PLC dated 25.11.2020, Mr. Emilian Abadjiev by his own request was dismissed from his position as a member of the Management Board and as Executive Director. Regarding this, the number of the members of the Management Board of the Company is set at 3 (three).
Mr. Abadjiev for the last 8 years managed the Machine building business in the Group of Industrial Holding Bulgaria PLC. With his work he contributed to the expansion of the markets, as well as to maintaining the stable market positions of the companies in the group of ZMM Bulgaria. The management of Industrial Holding Bulgaria PLC is thankful for his contribution and wishes him success in his future endeavours.
With a decision of the same date, the Management Board, with the approval of the Supervisory Board, has appointed a procurator of Industrial Holding Bulgaria PLC - Ms. Galina Deneva, who is also a Chief group financial director of Industrial Holding Bulgaria PLC since 2014.
The company will be represented by Daneta Angelova Zhleva - Chief executive director and Galina Petrova Deneva - Procurator, jointly and severally. These decisions are subject to entry in the Trade Register and the register of non-profit legal entities at the Registry Agency.