Number of advisors to state-owned companies' general and deputy general managers to be cut by half

The number of advisors to general and deputy general managers of state-owned companies will be cut by half and the maximum number of members in boards of directors, supervisory boards and management boards shall be seven, Public Finance Minister Marcel Bolos announced on Wednesday.As far as the pay is concerned, according to the Finance minister, the fixed component shall be reduced to three average wages, while the variable component can remain at six ...

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