EUROINVESTORS – Failure of the European Commission to Bind to Their Reform Commitments for the Funding of Individual Investors’ Organizations

"...This very severe imbalance between the representation of financial services users’ interests and that of providers has even deepened since the 2008 financial crisis. Nevertheless, the European Commission has not honored its public commitment at all. No funding tender for retail investors’ organizations has been created so far. In addition, EC refused to grant even one euro to the European retail investors’ organization (The European Federation of Investors – EuroInvestors, created in September 2009 on the initiative of Euroshareholders and of FAIDER ), through the already existing yearly EC tender directed to the European consumer organizations. It is important to underline that European Authorities categorize us as “consumer” organizations and that we were advised by EC officials to apply for that specific tender. The EC turned down our 2009 application, and clearly told us that we would never be successful for this yearly tender..."

VIDEO COMMENTARY from Sava's turbulent shareholders' General Assembly

In context of this organized proxy collection, the VZMD - PanSlovenian Shareholders' Association, through the cooperation of the company Sava, gathered 2,269 proxies, of which the three representatives of the VZMD received 1,329 proxies while Sava's three representatives received 815 proxies.  The organized proxy collection was further joined by MDS, whose six proxy candidates received the remaining 125 proxies. 

The organized proxy collection, which the company Sava implemented through the collaboration with the VZMD - PanSlovenian Shareholders' Association, was beforehand publically announced (Friday, May 20, 2011) by Sava through the electronic informative system of the Ljubljana Stock Exchange, SEOnet.  In addition, for the first time, foreign investors and shareholders could also voice their voting rights at the General Assembly through the Eurovote system, which through the support of the European Commission, is implemented by the Euroshareholders in affiliation with the VZMD - PanSlovenian Shareholders' Association.  (Click here for more on the EuroVote system.)

 

investo.si at the Exceptional Two-day International Knowledge Economy Network (KEN) Forum 2011

The investo.si - Invest to Slovenia program, along with some of the most outstanding Slovenian companies, is presently, actively involved at the extraordinary two-day forum of the international Knowledge Economy Network - KEN, which has their headquarters in Brussels.  Over 200 visitors from fifteen countries, including well-established, reputable economists, experts, opinion leaders, and representatives of various institutes, have showed interest and have partook at this spectacular opportunity.  The KEN Forum 2011 is taking place  in the creative surroundings of the Hotel Habakuk in Maribor today and tomorrow, the 6^th and 7^th of June, and began with yesterday's welcoming of participants, which through the invitation of the president of the KEN, was also attended by the president of the VZMD - Pan-Slovenian Shareholders' Association.

OECD 50th Anniversary Forum in Paris - President VZMD meets with the President of the Republic of Slovenia, the Secretary General of the OECD, the President of the European Council among others

In Paris, on the 24th and the 25th of May the OECD is hosting a Forum to celebrate its 50 years.  On May 23, 2011, the VZMD President, Kristjan Verbič, M.Sc., flew to Paris, where he was invited to partake at the two-day OECD 50^th Anniversary Forum with the slogan, "Better Policies for Better Lives."  At the Forum, Mr. Verbič met with three of the most reputable speakers of the Opening Session of one of the most influential and notable international organizations: the President of the European Council (Herman Van Rompuy), the Secretary-General of the OECD (Angel Gurría), and the President of the Republic of Slovenia (Danilo Türk), the latter of the two can be seen on the photograph with Mr. Verbič after the keynote speech given by President Türk.

On the 28^th of March, the president of VZMD, Kristjan Verbič, returned from his trip in Istanbul, where he partook at the Euroshareholders' General Assembly. During his stay, he also took part in many important occasions and numerous bi- and multi-lateral meetings with representatives and honorable guests (picture of VZMD president at the recognition ceremony with the president of the Turkish Shareholders' Association - BORYAD).Through the program investo.si (Invest to Slovenia), the president of VZMD (the PanSlovenian Shareholders' Association) actively attended the British Business Round Table with led by the eminent Mr. John Bercow, MP, Speaker of the House of Commons, sponsored by the British Chamber of Commerce in Slovenia (BCCS).

Ljubljana, Best Western Premiere Hotel Slon, 22. 2. 2011:

Through the program investo.si (Invest to Slovenia), the president of VZMD (the PanSlovenian Shareholders' Association) actively attended the British Business Round Table with led by the eminent Mr. John Bercow, MP, Speaker of the House of Commons, sponsored by the British Chamber of Commerce in Slovenia (BCCS).