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THE RESULTS OF THE GENERAL ASSEMBLY

On November 20th, 2007 upon regular session of the general assembly the new share holders, the Zilina municipal region and City of Zilina, entered upon stock-holders rights. Those share-holders filled in the only share-holder to date – The Ministry of Transport, Posts and Telecommunications of the Slovak Republic. The share-holders voted also new representatives of the company management and assigned the fundamental tasks in future development of the Zilina airport in Dolny Hricov. Mr. Jan Stehlik became the chairman of the board of management, Mr. Ivan Hecko and Mr. Miloslav Meszaros the follow-up members. The new board of management, right away after being elected, established the partial enterprise economical analysis and acquainted the supervisory board about the necessity of solution of the financial trouble. The extraordinary session of the general assembly took place on December 28th, 2006 and the items of the agenda that were disapproved on November 20th, 2006, were finally discussed and closed. The share-holders also approved to increase the principal share of 80 million. Sk. Those funds would be used to cover company liabilities from the past as well as the new developmental plans, first of all the airport infrastructure. The main tasks of the new management would be the installation of the new security device in order to increase the reliability of the scheduled flight even during the adverse whether conditions. The next important task would be to address other air carriers to enlarge the offer of the scheduled flights from Zilina in regard to successful establishment of the present flight between Prague and Zilina.