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Battery maker Tab switches to single-tier management

Tab, a maker of lead-acid batteries and one of Slovenia’s largest exporters, will transition to single-tier management on 1 September after the annual general meeting appointed three members of the board of directors, among them Bogomir Auprih, the current director and largest single shareholder.

The shift to single-tier management, confirmed by shareholders last year, will make decision-making easier, Auprih told the press. The shareholders also confirmed the allocation of distributable profit as they endorsed the proposal of management that EUR 10.3 million of the EUR 26.8 million be paid out for dividends of EUR 40 gross per share.

By: P.T., STA

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