Public companies CEOs to lose position if they take part in functionary campaign

Public companies CEOs to lose position if they take part in functionary campaign

Public companies CEOs to lose position if they take part in functionary campaign Izvor: N1

The public companies managers in Serbia would lose their position if they take part in the so-called functionary campaign to promote political parties and individuals, as well as other forms of such campaign, the Nova Ekonomija monthly reported in its latest edition.

The draft on the changes to the Law on Public Companies says the promotion of political parties and individuals means the use of official space, cars and companies’ inventory for free.”

A manager will also be replaced if politically active in promoting parties and individuals during working hours and if pressures the employees to support a party or individual.    

He or she will also lose the position in case they have known about the use of company’s resources in the political activities of the employees. The managers will also be fined from 50,000 to 150,000 Dinars (1€ = 118 RSD). Those changes are said to be made in line with OSCE and ODIHR to improve the election process in the country.        

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