Friday, 04. March 2022.
HIP-Petrohemija Shareholders Meeting scheduled for May 6
The Supervisory Board of HIP-Petrohemija at its e-meeting held on Wednesday, March 2, 2022, brought a decision that the Shareholders’ Meeting shall be held on May 6, 2022, when among other issues the legal form of the company shall be changed from the stock company to limited liability company.
It was stated at the meeting that in the previous period the work was done on preparing and harmonizing the documents necessary for the change of the Company’s legal form. Fulfillment of this obligation was required by the Strategic Partnership Agreement executed by and between the Serbian Government, NIS and HIP-Petrohemija, on December 24, last year, and the documents wording was mutually agreed by the parties involved.
This will enable all the parties to the Strategic Partnership Agreement to smoothly fulfill their contractual obligations what will bring the procedure of HIP-Petrohemija’s privatization to an end.
