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Serbia's Galenika Fitofarmacija names board president

Author Radomir Ralev
Serbia's Galenika Fitofarmacija names board president Source: Galenika Fitofarmacija

PODGORICA (Montenegro), January 28 (SeeNews) – Serbian blue-chip plant protection products maker Galenika Fitofarmacija [BEL:FITO] has named Mirjana Bogicevic as oresident of the company's board of directors, it said.

Bogicevic replaces Nedeljko Puhar who submited his resignation on January 3, Galenika Fitofarmacija said in a filing with the Belgrade Stock Exchange on Monday. 

The board of directors accepted the resignation of Puhar and appointed Bogicevic on his place at a meeting held on January 10, the company said.

In December, Serbian company Agromarket has increased its stake in the capital of Galenika Fitofarmacija to 89.83% from 66.03% as part of a buyout bid.

The plant protection products maker is one of ten members of the BELEX15 blue-chip index of the Belgrade bourse. It has 2,640,000 listed shares, with a free float factor (FFc) of 48.83%, which account for 12.99% of the total capitalisation of the index.