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Tehnika Reestablished Management, President is Bojan Horvačić

The construction company Tehnika has reinstated the management board as the governing body instead of the director’s position, and the former director Bojan Horvačić has been appointed as the president of the management board. This was decided at the meeting of the Supervisory Board held on February 27, and Horvačić’s term ends on September 10, 2024, five years after he was appointed as a member of the management board.

Namely, Horvačić was appointed as a member of the management board of Tehnika at the time (September 10, 2019) when the Supervisory Board decided to abolish the position of the chief director previously held by Zlatko Sirovec. With the introduction of the management board as the governing body, Sirovec was then appointed as president.

However, on April 11 last year, Sirovec resigned for health reasons, and it was decided at Tehnika to reinstate the director’s position to which Horvačić was appointed. At the end of October, Mario Rendulić joined Horvačić as a procurator, who remained in that position even after the latest changes, as indicated by the last decision of the Supervisory Board from February 27, in which Rendulić is not mentioned, so we assume that his status remains the same.

Loss in the Previous Year

Horvačić will be joined in the management by Tomislav Bronić, the former member and vice president of the Supervisory Board as well as the president of the Audit Committee of Tehnika. He has resigned from the latter positions, and the new vice president of the Supervisory Board and president of the Audit Committee of Tehnika is Andrej Tolušić.

Additionally, today on the Zagreb Stock Exchange’s website, besides this decision, the consolidated and unaudited operations of Tehnika for the previous year were published. A total revenue of 169.1 million kuna (22.5 million euros) was achieved, which is half of what it was in 2021 when the revenue amounted to 306.3 million kuna (40.8 million euros).

However, the revenue in 2021 was also a result of extraordinary income that the company achieved due to written-off debts based on a pre-bankruptcy settlement. The loss in the previous year amounted to 31.7 million kuna (4.2 million euros).

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