February 8 (SeeNews) - Croatia's Djuro Djakovic group [ZSE:DDJH-R-A] said that its supervisory board on Wednesday appointed Marko Cosic as CEO, as his term will expire on September 15, 2024.
Cosic is replacing Hrvoje Kekez, who will become a management board member, the company said in a filing to the Zagreb bourse.
Djuro Djakovic has a diversified industrial portfolio including defence, transport, industry and energy.
According to data from the Zagreb Stock Exchange (ZSE), Czech company DD Acquisition is the largest shareholder of the group with a stake of 18.88%, followed by Croatia's state-owned fund for enterprise restructuring and privatisation, CERP, with 11.75% and a custodian account run by Erste&Steiermaerkische bank with 8.70%.
Shares of Djuro Djakovic traded 4.76% higher at 22 euro ($23.6) intraday on Wednesday on the Zagreb Stock Exchange.
($=0.932 euro)