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The President of the Management Board represents the company in front of third entities. In his/her absence, the President is substituted by the Vice President of the Management Board.

STATUTE

The Statute of Fersped AD Skopje settles the issues of:
1.Firm and seat of the Company
2.Activity of the Company
3.Basic principle, shares and stockholders
4.Managing bodies
5.Representation of the Company
6.Relations within the Company
7.Trade Books, annual and financial reports
8.Business secret
9.Termination of the Company
10.Changes in the Statute

In addition to these provisions, the Statute contains provisions which as regulated by the Company Law are to be settled by the Statute.

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Ul. Makedonija 11a 1000 Skopje