Corporate Governance
Articles of Incorporation, current reports, financial calendar, the Apply and Explain Declaration and CVs of the members of the Boards of Directors

In accordance with the laws in force and with the Articles of Incorporation of the Company, the General Assembly of Shareholders is the top management and decision-making body of the Company, deciding on the running of the Company’s business. The Board of Directors consists of a total of five directors.

Board of Directors

Iuliana Mihaela Urda

President of the BD

Thanks to her more than 20 years of complex managerial experience in various fields of activity, Mrs. Iuliana Mihaela Urda was appointed in April 2013 the President of the Board of Directors.

Petru Vaduva

Member of the Board

Mister Vaduva has an extensive management international experience in various financial, consumer and service industries. He occupied key positions in companies in the United States and Europe. He was appointed as a member of the Board of Directors in April 2019.

Ruxandra Alina Scarlat

Member of the Board

As a lawyer with extensive experience in Litigation and Arbitration in areas such as Real Estate, Finance & Banking, Insurance, Labor Law and Corporate Affairs, Ms. Alina Scarlat was appointed as a member of the Board of Directors In April 2017.

Daniel Pandele

Member of the Board

With over 25 years of managerial experience in various fields of activity, Mr. Daniel Pandele was appointed member of the Board of Directors in April 2017.

Laviniu Dumitru Beze

Member of the Board

The solid experience in the capital market and a significant managerial activity have led to the appointment of Mr. Laviniu Dumitru Beze in April 2017 as a member of the Board of Directors.

Four of the current Board of Directors members, Iuliana Mihaela Urda, Ruxandra Alina Scarlat, Daniel Pandele and Laviniu Dumitru Beze, were elected by the General Assembly of Shareholders starting with April 2017 for a four-year mandate until April 2021. At the Ordinary Shareholders' General Assembly from the date of 24.04.2019 was approved election a member of the Board of Directors, INTREPID GEM SRL by natural person of permanent representative of the legal person, Mr. Vaduva Petru Ion, with a mandate since 24.04.2019 until 27.04.2021

Articles of incorporation of the company

The act underlying the establishment of the Company (the Company’s Article of Incorporation) contains provisions regulating the organisation, functioning and development of the Company’s business.

Current reports

Details about the reports issued and submitted to the Bucharest Stock Exchange (BSE) and the Financial Supervision Authority (FSA).

Financial calendar

Regularly, the General Assembly of Shareholders (GAS) communicates stakeholders the major decision taken during its working meetings, as well as significant financial reports.

The "Comply or Explain" declaration

It is a declaration of compliance or non-compliance with the provisions of the Code of Corporate Governance, containing information on the CGS’s recommendations effectively applied by the Company and the manner of such application. The declaration is prepared in the format established by the BSE.

Corporate Governance Code

Corporate Governance Code