Decision of the Board of Directors of Monbat AD
Corporate
Head Office
32 A Cherni vrah blvd., fl. 4 | 1407 Sofia, Bulgaria
tel. +359 2 962 11 50 | fax: +359 2 962 11 46
e-mail: contact@monbat.com
Monbat Group provides a wide range of battery products and solutions for a variety of end-market applications
LEAD ACID BATTERIES
The lead acid battery business focuses on the production of lead-acid automotive and stationary batteries and their servicing. The products in this segment can be divided into the following main groups:
RECYCLING
The division operates in recycling and trading activities of
Recycling facilities are located in Bulgaria as well as in Italy, Romania and Serbia.
LITHIUM ION SOLUTIONS
The lithium-Ion business segment operates under the EAS brand and provides cells and systems based on safe and proven LFP chemistry. The adopted cylindrical cells technology and the modular-based packing approach of the battery and systems allows EAS to maintain its attractive product range of High Power (HP) batteries for selected industries such as:
Corporate
Yesterday, 20.01.2021, was held a session of the Board of Directors of Monbat AD, on which decisions were taken on the following:
1. The Board of Directors accepts the Management contract concluded with Dimitar Kostadinov by virtue of which he has been elected as an executive member of the Board of Directors, to be terminated by mutual consent.
2. According to Article 116c (10) of the POSA the Board of Directors releases Dimitar Kostadinov of his responsibility for the period in which he was a procurator of the Company.
3. The Board of Directors appoints Chavdar Dochev Danev as an executive member of the Board of Directors and assigns Petar Hristov Petrov – a member of the board of Directors, to conclude a management contract with the new executive director of the company – Chavdar Danev.