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Koper Port Shareholders Vote To Remove CEO Dragomir Matic

Koper port shareholders vote to remove CEO Dragomir Matic

Koper Port Shareholders Vote To Remove CEO Dragomir MaticSource: Luka Koper

Koper, Slovenia (PortSEurope) December 28, 2017 – Shareholders of Luka Koper d.d., led by the state asset holder Slovenian Sovereign Holding, backed on Thursday a motion of no confidence in the port operator’s management. The dismissal, officially over the problematic outsourcing of dock workers, is expected to be executed by the supervisory board on Friday.

The Slovenian government has been making moves to replace the management of port operator Luka Koper d.d. SSH proposed the removal of CEO Dragomir Matic. The company has performed well since Matic implemented a five-year plan starting in 2014. The government’s motives are not clear as it has instigated no action against other state-owned companies who have performed less well and has been criticised for a lack of consistency in handling its businesses.

The Slovenian Sovereign Holding, which holds the government’s share in Luka Koper, says there are irregularities at the company and risks have not been managed correctly.

Yesterday, workers of Luka Koper expressed doubt about the reasons behind the pending state-driven management board overhaul at the port operator. They issued five demands, including that the state give up a share of its profit to resolve the issue of outsourced labour.

Source: STA

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