A group of dismissed workers of JP 'Komunalno' Mostar announced that they have not yet received a response from the Supervisory Board of that public company to the complaints they filed.
New data reveals that supervisory board positions in Austria are no longer passive roles, with compensation rising significantly and boards becoming more professionalized according to recent studies.
Josef Luftensteiner, a Kammersänger and former chairman of the works council and supervisory board member of the Bundestheater-Holding der Volksoper, has died at the age of 68 after a long illness.
The Government of Montenegro has proposed new state-capital representatives for the supervisory boards of Railway Transport and Railway Infrastructure, decided during a telephone session on August 20.
The National Bank of Ukraine is seeking to terminate the powers of Mykola Hladyshenko, the supervisory board chair of Sense Bank, citing his failure to meet independence requirements.
The Supervisory Board of Privredna banka Sarajevo d.d. Sarajevo has appointed Kemal Džabija as the new Chairman of the Management Board, with Bedina Jusičić Mu and another member also named to the board.
Coalition of Citizens (KO) councilors in the Lower Silesian regional assembly are demanding the dismissal of Hubert Papaj, president of the Karkonosze Regional Development Agency, and its supervisory board, following reports of potential irregularities in post-flood grants.
Councilors from Poland's Civic Coalition (KO) are demanding the dismissal of the president and supervisory board of the Karkonosze Regional Development Agency, stating that the previous vice-president's removal is insufficient given information about irregularities in flood relief funds.
The supervisory board of the Croatian hotel chain 'Jadran' from Crikvenica has pre-selected a buyer for a stake acquisition through recapitalization, with a consortium including Bosnian company Feal among the bidders.
Commerzbank CEO Bettina Orlopp has called on its largest shareholder, Unicredit, to engage in dialogue and find common solutions ahead of the upcoming supervisory board renewal.
The supervisory board of Poland's Centralny Port Komunikacyjny (CPK) has dismissed the company's president and a board member, with media reporting that new leadership will replace those associated with Maciej Lasek.
Berenberg bank is examining a conversion into a stock corporation, which would introduce supervisory board control over management, following disputes with Deloitte and Bafin over unapproved loans to executives.
In accordance with its new Statute, RUP has introduced a bicameral management system, which involved dismissing the previous members of the Board of Directors and subsequently appointing new members to the Supervisory Board.
Porsche's supervisory board has approved billions in savings, including the elimination of 5,000 jobs and an extended employment guarantee, which is reportedly putting pressure on its parent company, Volkswagen.
Following the Collegium Humanum scandal, a new draft law in Poland will prioritize management experience for candidates appointed to supervisory boards of state-owned companies.
Carolina Novak, State Secretary of Moldova's Ministry of Energy, announced she donated over 2 million lei received as a member of the Moldovagaz Supervisory Board to a non-governmental organization supporting a family with eight children.
The supervisory board of Turto bankas has elected Rytis Valūnas, an expert in corporate governance, strategic management, and law, as its new chairman.
Robert Kempa remains the mayor of Ursynów after district councilors voted against his recall, which was sought by the opposition due to a scandal at the Southern Hospital where Kempa chaired the supervisory board.
Volkswagen plans to drastically reduce its model range as part of a cost overhaul, with CEO Blume needing to convince the supervisory board to implement potential layoffs and plant closures to streamline operations.
Volkswagen's 'Future Plan' aims to streamline its model range by up to 50% and reduce equipment options by 75%, leaving employees uncertain about potential job cuts and plant closures as the supervisory board remains silent on these issues.
Volkswagen's supervisory board concluded discussions without reaching clarity on its cost-cutting plans, despite the company facing significant challenges. The board is reportedly considering drastic production cuts amid concerns of potential layoffs.
The management and supervisory boards of Hugo Boss have unanimously advised shareholders to reject the takeover offer from Frasers Group, deeming it 'inadequate'.
Volkswagen's supervisory board is meeting in Wolfsburg to discuss the company's largest cost-cutting program in its history. The plans are causing significant anxiety in the affected regions regarding potential job losses and economic impact.
The supervisory board chair of the Estonian National Opera announced that alleged corruption within the institution has been reported to law enforcement.
Christiane Wenckheim, chairwoman of the Ottakringer supervisory board, discusses her career beginnings, the importance of women in leadership, and the unique aspects of family businesses in a CEO podcast. She states that quotas are necessary for progress.
Andro Pavuna will no longer serve as the president of the Supervisory Board of Zagreb Holding, following his appointment to new duties as a member of the Supervisory Board of Zagreb Electric Tram (ZET).
Adrian Zandberg, leader of Razem, criticized the 'Southern Hospital affair' in Poland, stating that political elites are sending 'ordinary trough-eaters' to supervisory boards to receive tens of thousands of zlotys for doing nothing.
Emergency overnight accommodation for homeless people at Frankfurt's Eschenheimer Tor subway station has been discontinued due to fire safety regulations, drawing criticism from the transport company's supervisory board chairman.
Warsaw Mayor Rafał Trzaskowski has decided to remove politicians from the supervisory boards of municipal hospitals, with names beginning to disappear from institutional websites following the announcement.
Prosecutors have launched two investigations into the Warsaw South Hospital concerning mismanagement and a sum of half a million zlotys. Following the scandal, a new supervisory board has been appointed for the hospital.
Prague city councilors, following a proposal from Deputy Mayor Jaromír Beránek, dismissed Ondřej Prokop, an ANO party councilor and mayoral candidate, from the supervisory board of the city's transport company (DPP), with Prokop alleging it was an act of revenge by the Pirates.
Warsaw's Southern Hospital is set to formally receive a new, "depoliticized" supervisory board, leading to the removal of several officials including the vice-president of Warsaw and the mayor of Ursynów.
Warsaw Mayor Rafał Trzaskowski announced a new supervisory board for the South Hospital, stating it will not include politicians. This comes after reports of irregularities and warnings from a head of department.
Susanne Wiegand has resigned from the Volkswagen supervisory board, a move described as a 'very negative signal' regarding the company's corporate governance. Her departure marks a significant change in the leadership structure.
The Croatian government has proposed Zlatko Mateša as a new member of the Supervisory Board for Croatia Airlines. This move has drawn criticism regarding political appointments within state-owned companies.
Austria is implementing a mandatory 40% women quota for supervisory boards of listed companies to address the lack of diversity in executive positions, though top executive roles remain predominantly male.
A former chairman of ČEZ supervisory board and industry ministry advisor discusses the Czech Republic's largest energy investment in modern history, focusing on nuclear power plants like Dukovany.
Maciej Maciejowski resigned as CEO of Gremi Media S.A., publisher of 'Rzeczpospolita,' on June 10, 2026, leading to the immediate appointment of Wojciech Kruk as his successor by the Supervisory Board.
Jim Hagemann Snabe, the newly appointed EU special envoy for Artificial Intelligence, is facing criticism from MEPs and activists due to a potential conflict of interest stemming from his role as chairman of Siemens' supervisory board.
The full supervisory board of the Dutch environmental group Milieudefensie has stepped down following criticism regarding its handling of revelations about former director Donald Pols' pro-apartheid past.
The Supervisory Board of Milieudefensie (Friends of the Earth Netherlands) has resigned following revelations about the undisclosed past of its director, Donald Pols. The resignations stem from the controversy surrounding Pols's previously concealed history.
Croatia Airlines' general assembly unexpectedly removed the vote on the reappointment of Mateša to the Supervisory Board for a new four-year term from its agenda at the last minute.
Shareholders of the Czech energy company ČEZ elected five new members to its supervisory board and recalled four others during a general meeting. Among the new members are SPD MP Radim Fiala and Karel Tyl, director of the state budget section at the Ministry of Finance.
Environmental activists demonstrated outside the Messe Frankfurt, while fund companies voiced criticism regarding a proposed increase in supervisory board remuneration during Deutsche Bank's general meeting.
The Supervisory Board of Teleradio-Moldova (TRM) has accepted Vlad Țurcanu's resignation as the company's Director General, declaring the position vacant.
The supervisory board of the Polish Investment and Trade Agency (PAIH) has announced a competition for the positions of president and vice-president, following the recall of Andrzej Dycha from the top role a month prior.
The Government of the Federation of Bosnia and Herzegovina has approved the appointment of new members to the Supervisory Board of BH-Gas. This decision was recently given to the BH-Gas Assembly.
The supervisory board chairman of Vienna's Spanish Riding School, Michael Enzinger, has identified "multiple control failures" regarding a missing million euros, anticipating consequences for many individuals and future budget cuts, including fewer Lipizzaner horses.
The management board of PZU, a Polish insurance company, has proposed a higher dividend of 4.8 PLN per share for 2025, a motion positively assessed by the supervisory board.
Hidroelectrica's Supervisory Board President, Silviu Avram, has been suspended following accusations of bribery and an ongoing DNA investigation. The Ministry of Energy and company shareholders supported the suspension of his contract.
Women on Dax supervisory boards tend to be younger and often leave earlier, though the number of women in leadership positions within these oversight bodies continues to rise, expected to reach six for the first time this autumn.
Following the acquisition of Ringier Hungary, Tibor Kovács, who had remained in his position, has now been appointed as a supervisory board member, with Indamedia replacing the head of Blikk's publishing house.
The supervisory board of Bank Pekao has reappointed Cezary Stypułkowski as the bank's chief executive officer. Stypułkowski has served as CEO since October 2024.
Before media reports emerged about issues at the Zondacrypto cryptocurrency exchange, internal communications about "important changes" were sent to employees, while questions are being raised about the supervisory board's responsibility in the unfolding scandal.
Hans Dieter Pötsch, Chairman of the VW Supervisory Board, and DIHK President Peter Adrian criticized an expanding state and the increasing stigmatization of entrepreneurship. Pötsch stated that more qualified workers should not be moving into public service.
The CEO of Zondacrypto has issued a new statement outlining changes to employee cooperation terms, following the resignation of the supervisory board and ongoing employee terminations. The company is also requesting the return of company laptops from departing staff.
The entire supervisory board of BB Trade Estonia OU, the operator of the Zondacrypto cryptocurrency exchange, has resigned, potentially jeopardizing the company's ability to obtain a necessary operating license.
Police conducted a raid on the home of Alfred Gusenbauer, former supervisory board member of Signa, as part of an investigation into alleged embezzlement and fraud totaling millions of euros.
The supervisory board of Belgrade's public utility "Gradska čistoća" has approved a decision to raise waste collection prices for households and businesses by 22 percent. This increase will affect residents and commercial entities in the city.
The supervisory board of Orlen, a Polish energy company, has announced a competition for the positions of president and board members, with the current president expected to seek re-election.
Krakow Mayor Aleksander Miszalski announced that bonuses for municipal company boards will be cut to zero, and supervisory board members' salaries will be reduced by an average of 20 percent.
The supervisory board of Polish energy giant Energa has appointed Magdalena Kamińska, formerly Vice-President for Financial Affairs, as the new CEO, with Przemysław Janiak also appointed as Vice-CEO, effective April 1.
Jan Marek, former Deputy Chairman of the Prague Public Transport Company's supervisory board, is scheduled to testify as a witness in the Dozimetr case on Friday, having resigned from his position in October 2024 after being accused by police in a separate branch of the same case.
The Supervisory Board of Poczta Polska dismissed its president, Sebastian Mikosz, on Wednesday, with sources indicating the decision was based on his overall performance rather than a single incident. A successor will likely be chosen through a competition.
Despite earlier ministry assurances of her compliance, the cosmetic entrepreneur concludes her term on the energy company's board amid ongoing governance scrutiny.
Investigations reveal that a woman with no legal background was placed on the supervisory board of Slovakia’s state-owned energy company by the interior ministry, raising corruption concerns tied to a minister’s dismissed criminal complaint.
Zdeněk Jelínek, the current director of the civil aviation department at the Ministry of Transport and chairman of the Air Traffic Control (ŘLP) supervisory board, is expected to become the new general director of ŘLP, replacing Klas, who is running for the Senate.
Telekom Slovenije has announced changes to its supervisory board, with four new members appointed. This reshuffle marks a significant change in the company's oversight.
Harald Mahrer, the former head of the Austrian Federal Economic Chamber (WKÖ), has resigned from the supervisory board of the company Gropyus. The reasons for his departure were not immediately specified.
Investigators are examining private jet travels involving Harald Mahrer, the former head of the Austrian Federal Economic Chamber (WKÖ), and his deputy, in connection with the Vienna-based 400-million-euro startup Gropyus. The startup is taking action against its former supervisory board chairman, Fritsch.
Hubert Papaj, president of the Karkonosze Regional Development Agency (KARR), and its entire supervisory board have been dismissed by the Lower Silesian Voivodeship Board following reports of potential irregularities in fund distribution.
Polish billionaire Zygmunt Solorz has reportedly reached an agreement with his children regarding the future of his family business empire, with Piotr Żak expected to take the helm while Solorz returns to supervisory boards as an honorary member.
The mandate for five capital representatives on the supervisory board of Gen energija has concluded, leading to the appointment of new supervisors for the Slovenian energy company.
This article explores the evolving role and responsibilities of a Chief Financial Officer in relation to sustainable development. It questions whether EU taxonomy data is a mere reporting obligation or a key to cheaper financing, from the perspectives of supervisory boards, funds, and companies.
Former Signa supervisory board member Susanne Riess-Hahn has publicly supported Alfred Gusenbauer, the ex-chairman of Signa's supervisory board, who is currently under investigation for suspected embezzlement, stating he had extensive authority.
András Kármán is replacing two members of the Hungarian National Bank's supervisory board, stating that they passively observed money being siphoned from the central bank.
An investigation by Wirtualna Polska revealed that family members of local politicians and officials are serving on the supervisory boards of companies linked to local governments in Poland's Silesia region, sparking controversy.
Porsche's supervisory board has backed an austerity package, which has been under negotiation for months, potentially leading to thousands of additional job losses.
The CEO of Luxembourg's Post, Claude Strasser, spoke about his salary, his tempered enthusiasm for artificial intelligence, and the dynamics of a supervisory board that ultimately negotiates with itself.
McKinsey, the management consulting firm, has appointed a new head for its German operations following the election of the previous Germany chief to the company's top supervisory board.
The Supervisory Board of Croatian Radio Television (HRT) has announced a public tender for the position of Director General for a five-year term, seeking experienced candidates without political affiliations.
Schroders Wealth Management has announced changes to its senior leadership, while Bulgaria's energy holding company has updated the supervisory boards of Bulgartransgaz and the system operator.
A legal vacuum has left the Serbian public broadcaster RTS in a difficult situation, as some members of its Supervisory Board have had their mandates expire. The absence of the regulatory body REM means there is no one to announce a new competition for board members.
Following a VW supervisory board meeting, the works council has issued an ultimatum to CEO Blume, demanding an unequivocal statement on the company's savings plans, which reportedly could affect up to 120,000 jobs.
The moment of expiration for management board and supervisory board mandates continues to be a subject of dispute, with particular doubts arising when a general meeting is interrupted.
German automaker Volkswagen reportedly presented plans to its supervisory board, including the potential closure of four domestic factories due to worsening business conditions. Employees are currently protesting against these proposed measures.
Volkswagen's supervisory board is discussing a historic savings program that could endanger up to 100,000 jobs and potentially lead to the closure of up to four German plants.
Zoltán Guller, a manager in the Orbán government, lost a supervisory board membership worth 7 million forints annually, shortly before being recalled from his leadership positions at Szerencsejáték Zrt. and the Hungarian Tourism Agency.
Asen Medzhidiev will lead Bulgaria's National Health Insurance Fund until a new manager is elected, a decision made by the NHIF Supervisory Board after the previous management's resignations were accepted.
Unicredit is poised to acquire a significant stake in Commerzbank, potentially allowing it to appoint half of the supervisory board by next year, following the conclusion of the German tender offer.
Moldovan politicians and public figures criticized Energy Ministry Secretary of State Karolina Novak for receiving over 2 million lei from Moldovagaz in 2025 as a member of the company's Supervisory Board. Novak stated she does not consider the sum justified.
The City of Zagreb Assembly has appointed Gordan Gledec, Igor Milat, and Andro Pavuna as new members of the Supervisory Board for the Zagreb Electric Tram (ZET) d.o.o., for a four-year term.
Opposition councilors in Ursynów, Poland, have announced their intention to file a motion to recall Mayor Robert Kempa, following issues related to the Southern Hospital where Kempa chaired the supervisory board.
Porsche shareholders have voiced significant dissatisfaction, describing the situation as 'a heap of shards' and directing their criticism towards the supervisory board.
The supervisory board of Bank Berenberg has replaced its leadership following indications of potential violations of good corporate governance principles, specifically concerning a lack of transparency in stock transactions.
New authorities for the Southern Hospital are set to be appointed on Monday, following a scandal that led to the replacement of the supervisory board. The decision to change the management is currently being implemented.
Individuals close to the Fidesz party have been appointed to the supervisory board of Ferenc Krausz's foundation, Élvonal, which had previously received significant funding from the Ministry of Culture and Innovation, though the Tisza government later terminated the contract.
Leszek Miętek, a long-time train driver and president of the Railway Engine Drivers' Trade Union in Poland, has been appointed to the supervisory board of PKP Cargo, recognized for his extensive experience in the railway industry.
Members of Poland's Law and Justice party found the office of the president of the South Hospital sealed with tape, as the facility's supervisory board is set to make personnel decisions on Thursday.
The Bulgarian government has adopted amendments to the Law on Gender Equality, proposing that at least 33% of all director positions on the management and supervisory boards of public companies be held by women.
Prime Minister Robert Fico has been accused of nepotism after appointing his cousin to the supervisory board of a state bank, following previous defenses of his son's high earnings in a Smer agency.
The Supervisory Board of ORF, Austria's public broadcaster, is in the process of electing its new Director-General. The decision day involves intense questioning of the leading candidate and anticipation of the new leadership.
The Polish Council of Ministers has adopted a draft law to improve gender balance in public companies, implementing the EU's 'Women on Boards' directive, which mandates that one-third (33%) of positions on management and supervisory boards of listed companies be held by women.
Bayern Munich's supervisory board has vetoed the transfer of 16-year-old Kennett Eichhorn due to high financial demands, causing a rift within the club and potentially opening doors for Liverpool and Dortmund.
An labor economist has researched why numerical targets often have little effect, as 40 percent of supervisory board positions are mandated to be female by the end of June.
The Supervisory Board of Polski Holding Hotelowy (PHH) has appointed Rafał Szmytke as its new president, with Monika Niewczas also joining the management board.
This article discusses the transitional period in the role of supervisory boards, suggesting that traditional definitions and practices are no longer sufficient and a new operational model is emerging.
The Supervisory Board of Teleradio-Moldova (TRM) accepted the resignation of Director General Vlad Țurcanu, who requested that procedures not be delayed.
Andreas Treichl, the long-serving CEO of Erste Group and former Chairman of the Supervisory Board of Erste Stiftung, will take over as Chairman of the Board, succeeding Boris Marte.
Mark Schneider, who previously faced challenges at Nestlé, is slated to become the chairman of the supervisory board for Siemens, poised to control Germany's most valuable corporation.
Bosch is eliminating 22,000 positions in its automotive division, with the supervisory board chairman stressing the importance of political support for site competitiveness while also highlighting the company's own responsibility for long-term survival.
Bojan Raičević, a member of the Serbian Progressive Party (SNS), has returned to the management of Dunav osiguranje, taking over as the head of the Supervisory Board as of Tuesday, May 5th.
Porsche's executive and supervisory boards have decided to close three subsidiaries and eliminate more than 500 jobs as part of a strategic reorientation to refocus on its core business.
The former Telekom CEO, designated as SAP's supervisory board chairman, is rallying the company for change, emphasizing its strong potential to emerge as a winner in the AI revolution, though it will require significant effort.
Clara Streit, a key figure in German business, states that individuals lacking necessary qualifications should not be promoted solely for diversity reasons, while also advocating for companies to maintain sustainable goals despite US headwinds.
The European Union has initiated proceedings against Austria, citing shortcomings in its definitions and regulations regarding the liability of legal entities under money laundering directives, and urging the implementation of gender parity rules for supervisory boards.
The chairman of Bosch's supervisory board states that the company, facing a crisis not limited to its automotive division, must transform even faster than before, acknowledging that some steps will be "painful."
Former members of the supervisory board for the Zondacrypto operator have filed a notification with the Estonian prosecutor's office. The reason for the notification was not specified in the provided
Montenegro held the second meeting of the Supervisory Board for the Instrument for Reforms and Growth, with Bošković stating the reform agenda provides additional impetus.
All members of the supervisory board of the owner of Zondacrypto have resigned, according to a statement from board member Guido Buehler. The resignations were reportedly individual decisions.
Petrol's supervisory board has rejected the state's request for an audit of the company's operations. The Slovenian Sovereign Holding (SDH) has announced it will take further action following the rejection.
Czech MP Zuzana Ožanová from the ANO party has proposed an amendment to the conflict of interest law, which would allow government officials to serve on supervisory boards of state-owned enterprises. The proposal has already passed one parliamentary committee.
The supervisory board of Orlen, Poland's largest oil refiner, has announced a competition for the positions of CEO and other board members, requiring candidates for the top role to have at least five years of managerial experience.
An opinion piece from Austria discusses men's reactions to a new women's quota for supervisory boards, highlighting what is considered 'maximally embarrassing' in 2026.
Montenegrin MP Maja Vučelić has declared herself an independent parliamentarian and is suing Boris Pavićević, alleging that the CIVIS party has been transformed into a private structure under his control. The number of members who have left the organization will be determined after an analysis by the Supervisory Board.
Significant unrest is reported within a top Austrian supervisory board, with a complaint expected at KommAustria regarding PR activities and potential abuse of power by Heinz Lederer.
Czech Prime Minister Andrej Babiš and his coalition are reportedly leveraging an upcoming parliamentary vote to appoint loyal members to the supervisory board of the public television, aiming to shift the majority in their favor.
Why DOSB is trapped in a 'structural leadership dilemma' and the elite sports agency must make independent decisions: The Chairman of the Supervisory Board of the Sports Aid on the...
South Bohemian Governor and Naše Česko party leader Martin Kuba has been officially appointed to the supervisory board of the state-owned Budějovický Budvar brewery by Agriculture Minister Martin Šebestyán, alongside support from ANO and SPD lawmakers.
A power struggle is unfolding within the BSW party, centered around the influence of Wagenknecht's supervisory board, raising questions about how much Wagenknecht a party can endure.
The supervisory board of Frankfurt University Hospital has initiated cost-saving measures, with patients expected to experience changes starting next year.
The supervisory board of Poland's CPK (Central Communication Port) company has launched qualification proceedings for the positions of president and board member for real estate and stakeholder relations.
The management board and supervisory board of the Karkonoska Regional Development Agency (KARR) have been dismissed following revelations of suspicious flood relief payments made to individuals who did not experience flooding.
The Hungarian National Bank (MNB) is projected to take 10-12 years to eliminate its substantial losses, prompting the finance minister to propose legislative changes to expand the supervisory board's powers.
Daniel Hoffman, a former CIA operative and Fox News reporter, has joined the Supervisory Board of the Vista Rica fund, which is reportedly linked to government representatives and paid $600,000 by the state.
The mandate for five members of Gen energija's supervisory board, representing capital, has expired, leading to the appointment of new supervisors for the company.
The supervisory board of Centralny Port Komunikacyjny (CPK) in Poland announced the dismissal of its president, Filip Czernicki, and vice-president, Dariusz Kuś, from the company's authorities.
The Polish President has signed a controversial law requiring a minimum of 33% representation for women on the boards and supervisory boards of certain companies.
The Polish government is introducing stricter criteria for candidates to supervisory boards of state-owned companies, including longer professional experience, tougher MBA diploma requirements, and mandatory competency self-assessment.
The Chair of the ECB's Supervisory Board stated that Eurozone banks possess good capital adequacy and could withstand severe shocks, despite an observed increase in losses.
Porsche's supervisory board has approved billions in savings, including cutting 5,000 jobs and extending an employment guarantee by several years. This decision puts pressure on its parent company, Volkswagen.
Michael Leiters aims to transform Porsche into a leaner sports car manufacturer, requiring approval from employees, but any concessions in Stuttgart could weaken VW CEO Blume's negotiating position in Wolfsburg.
The supervisory board of the Czech Ministry of Interior's Health Insurance Company and the Ministry of Finance are investigating severance payments, including a 23.4 million korun payout to former executive director Otakar Smolík.
Audi's plant in Győr, Hungary, is asking workers for flexibility to secure their jobs, as the Volkswagen group considers factory closures and up to 100,000 job cuts worldwide following a supervisory board meeting.
Unions protested at Volkswagen's supervisory board meeting in Wolfsburg, Germany, rejecting anticipated job cuts of up to 100,000 people as the company undergoes a transformation, with experts noting the struggles of German industry.
Volkswagen's supervisory board is meeting to consider a proposal that could lead to 100,000 job cuts and factory closures in Germany as part of a massive savings plan.
A meeting of Volkswagen's supervisory board concluded without clear decisions on cost-saving plans, which include proposals to reduce the model range by up to 50 percent and equipment options by up to 75 percent, with no mention of potential job cuts or plant closures.
Volkswagen is set to announce its cost-cutting plans following a supervisory board meeting, as the company eyes huge restructuring efforts that unions have vowed to fight.
The Volkswagen supervisory board is meeting to discuss the future of the Wolfsburg-based group, with tens of thousands of jobs globally reportedly at risk.
Volkswagen Group is weighing more extensive cost-cutting measures as its Supervisory Board reviews a comprehensive package aimed at countering the expansion of Chinese manufacturers.
A member of Volkswagen's supervisory board has stated that factory closures are not a viable future strategy, even as four plants in Germany are threatened with closure and approximately 100,000 jobs are slated to be cut worldwide.
An IBRiS poll for 'Rzeczpospolita' indicates that Poles support the depoliticization of supervisory boards, a discussion sparked by the Southern Hospital scandal, but remain skeptical that this change alone will be sufficient.
Radim Fiala, deputy chairman of the coalition movement SPD, has been elected as the new chairman of the supervisory board for the energy group ČEZ, following his appointment to the board by the company's general meeting in early June.
A Rotterdam court has ruled that the dismissal of Birgit Donker, director of the Nederlands Fotomuseum, was wrongful, stating that the museum's supervisory board acted 'seriously reprehensibly'.
Zbigniew Derdziuk will cease to be the president of the Social Insurance Institution (ZUS) starting Wednesday, as announced by the chairman of the ZUS Supervisory Board, Liwiusz Laska.
The Regional Prosecutor's Office in Warsaw is investigating the Lithuanian fintech company ZEN for allegedly facilitating payments for illegal gambling in Poland, noting that former President Andrzej Duda sits on its supervisory board.
Artur Osuchowski has been appointed as the new president of the Polish Investment and Trade Agency (PAIH), with Dagmara Zawadzka named vice-president, following a decision by the company's supervisory board.
The Vice President of Warsaw and the Mayor of Ursynów are set to be dismissed, with changes also planned for the South Hospital's supervisory board to ensure apolitical members. This follows Minister Żurek's announcement of a prosecutor's investigation into the hospital, suggesting Mayor Trzaskowski was aware of the issues.
Arcadi Gherasim, head of the Teleradio-Moldova Supervisory Board, has expressed readiness to publicly apologize to Vasile Costiuc after referring to him as 'the one in the hat' during a board meeting, following demands for Gherasim's resignation.
The supervisory board of Szpital Południowego (Southern Hospital) has dismissed its entire management board, including the president and medical director, and appointed a new president.
Politicians from Poland's Law and Justice (PiS) party are demanding the dismissal of Deputy Mayor Renata Kaznowska and other Civic Coalition officials from the supervisory board of the Southern Hospital, holding them responsible for employment decisions.
French automotive giant Renault Group, as the sole shareholder of the Slovenian company Revoz, decided at a general meeting to allocate the entire 15.56 million euros of Revoz's retained earnings for 2025 as dividends. The company also appointed Anne-Catherine Brieux to the supervisory board.
Italian bank Unicredit is demanding that German regulator Bafin investigate allegedly misleading information regarding its potential takeover of Commerzbank, indirectly threatening to replace members of Commerzbank's supervisory board.
The Court of Audit found that Slovenian Sovereign Holding (SDH) was partially effective in its candidate selection processes for supervisory board members between 2020 and 2024, but SDH has already addressed the identified inconsistencies and inefficiencies during the audit.
The State Treasury has nominated six candidates to the supervisory board of KGHM, including Rafał Szmytke, who recently became president of the state-owned Polski Holding Hotelowy (PHH) and previously led the Polish Tourist Organization.
The president of Dinamo Zagreb's Supervisory Board was interviewed, discussing the renewed passion and 'awakened sleeping beauty' of emotion for the football club.
The supervisory board of the environmental campaign group Milieudefensie has resigned, citing a failure to inform staff about matters concerning a former director.
The supervisory board of Orlen, a Polish company, has appointed members to its new management board for a new term, with Ireneusz Fąfara continuing as president.
Hidroelectrica's Supervisory Board has appointed Iulius-Dan Plaveti as the new President of the Directorate, effective May 29, 2026, following a scandal involving accusations of political pressure.
The Croatian government proposed several appointments to the boards of state-owned companies during a closed session, including Damir Lončarić for President of HŽ Infrastruktura and Ivana Mrkonjić for the Supervisory Board of HP Hrvatska pošta.
The Supervisory Board of Teleradio-Moldova (TRM) has formally accepted the resignation of Vlad Țurcanu as Director General, with an interim director to be appointed until a new head is selected through a competition.
The Audit Committee of Cyfrowy Polsat's supervisory board has disclosed details regarding an attempted hostile takeover of the Polish television and mobile network company. The board is recommending shareholders reject the proposal at the upcoming general meeting.
Following the resignation of Vlad Țurcanu as general director of Teleradio-Moldova (TRM), the Supervisory Board is tasked with appointing a new head. The article outlines the criteria and selection procedure for candidates.
Agnieszka Stolarczyk, Vice-Chairwoman of the Radom City Council, mistakenly published a message intended for Mazovian Voivodeship Marshal Adam Struzik, requesting a position for her husband on a supervisory board. The post was deleted after an hour, but screenshots are circulating online.
The National Revenue Administration calculated that members of management and supervisory boards in Polish state-owned companies earned almost seventy million more than they should have, with former Minister Jacek Sasin held responsible.
The Romanian government is seeking the suspension of the head of Hidroelectrica's supervisory board as a corruption probe into the state-owned energy company unfolds.
The head of the Austrian newspaper 'Krone,' Christoph Dichand, has appointed a McKinsey manager and the founder of Anexia to the supervisory board. Speculation also surrounds a potential management role for Clemens Schwaiger.
Resolutions passed by a cooperative's supervisory board are legal acts that can be challenged if found inconsistent with the law, either through a declaratory action or by raising an objection of invalidity.
Martin van den Brink, the former CEO of ASML, has unexpectedly stepped down from his position on the supervisory board of chip manufacturer ASMI. The reasons for his departure were not immediately specified.
Recent financial news includes halved inflows into the private credit market with Deutsche Bank's exposure, a former German defense minister joining crypto exchange Bitpanda's board, ABN Amro appointing a new supervisory board chairman, and fund service provider Universal expanding its leadership with two women.
Thomas Östros, a long-serving member of the ILTE Supervisory Board with extensive international experience, has taken over the position of Chairman. He replaces Kleponė in this leadership role.
Former German Justice Minister Marco Buschmann has joined the advisory board of a Reg-Tech company. The article also covers other financial appointments and news, including a new supervisory board mandate for Axel Wieandt and a new Germany head for Julius Bär.
Lufthansa is grappling with ongoing strikes and a kerosene shortage, leading the supervisory board chairman to call for adjustments to strike laws. The airline is also implementing fleet changes in response to these challenges.
Polish municipal companies are finalizing their year-end reports, which marks the beginning of weeks of audits, supervisory board evaluations, and preparations for shareholder meetings.
A new company in Lublin, Poland, established by the regional assembly, has its supervisory board filled with individuals linked to the Law and Justice (PiS) party, despite having few employees.
Crnogorski Telekom held an Extraordinary General Meeting of Shareholders, where a new Statute was adopted, a two-chamber management system was introduced, a Supervisory Board was appointed, and the share buyback program was continued.
Petrol, a Slovenian company, reported a fifth-fold increase in net profit last year despite maintaining similar revenues, with its supervisory board affirming the company's responsible conduct during a recent surge in fuel demand.
Valentina Iusuphodjaev has been selected as a new member of the Supervisory Board for "Teleradio-Moldova," the national public media service provider, following a selection competition for two vacant positions.
Estonian Culture Minister Heidy Purga stated that while gender balance on the public broadcaster ERR's supervisory board is a noble aim, appointing experts solely due to gender is not the right approach.