Wednesday, 13th June 2018, Velenje
The shareholders appoint four Gorenje Supervisory Board members for a new term of office
At the 26th Gorenje Shareholders Assembly, the shareholders granted discharge from liability to the Management Board and the Supervisory Board for the fiscal year 2017, and appointed four Supervisory Board members for a new term of office.
Total number of shares and voting rights represented
at the Shareholders Assembly was 14,922,917, or 61.4% of total company shares
bearing voting rights.
and CEO Franjo Bobinac presented the company Annual Report for the year 2017
when Gorenje Group generated EUR 1.31 billion of revenue and EUR 1.3 million of
profit, and the company business report for the first quarter of 2018.
"Our plans for 2018 are ambitious and they include a 7-percent growth of
revenue and EUR 8.1 million of net profit," Bobinac forecast.
He then described
to the shareholders the progress of the search for a strategic partner.
"We were looking for a solid partner for the future for all stakeholders,
so that we can together develop and preserve the jobs and conquer new markets.
Our partner will finance the takeover from their own funds. They will support
and develop all Gorenje brands; their acquisition prospectus does not mention
any restructuring of the company; the company remains based in Slovenia, and
Gorenje is becoming Hisense's development platform for the entire Europe – and
not only in the categories in which we are already present; I believe we can
also make TV sets, air conditioners etc. at all our production locations."
Bobinac found the
Shareholders Assembly to be historical. "This is a period when we pave
Gorenje's future for the decades to come. We shall develop as a part of a
strong strategic partner who understands and recognizes Gorenje as a platform
for shared development in Europe. This is a major acknowledgement and
recognition for Gorenje."
grated discharge from liability to the Management Board and Supervisory Board
for the fiscal year 2017. Dividend will not be paid out for the year.
Gorenje Supervisory Board members were appointed to the Supervisory Board for
the next term of office: Bachtiar Djalil, Corinna Claudia Graf, Miha Košak, and
Bernard Charles Pasquier. The new Supervisory Board will commence their
four-year term of office on July 21, 2018.