The Slovenia Times

Luka Koper Supervisory Board Stays On

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The shareholders' meeting had been requested by the previous government, which also put forward candidates for six new supervisors.

The new government attempted to postpone the meeting, but it was effectively prevented from doing so by rules in place for the interim period between the abolition of the State Assets Management Company (AUKN) and the establishment of the Slovenia Sovereign Holding (SSH).

Due to the rules, which have proved problematic at several recent shareholder meetings of major state-owned companies, the state was also unable to exercise voting rights for its 51% share.

The present shareholders, including the state-owned SOD and KAD funds, therefore decided not to vote in favour of dismissing the supervisors.

Media reports suggest that the new government will install supervisors to its liking at the regular annual general meeting scheduled for July.
 

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