Before the upcoming General meeting of one of Slovenia's most important companies, and its only port - Port of Koper - the Slovenian coastal and harbor city of Koper hosted the historic event "We have Risen - the Rest of Slovenia will Follow!". The PanSlovenian Investors' & Shareholders' Association (VZMD) was also gathering proxies from 11,300 minority shareholders to vote at the General meeting. The VZMD President, Mr. Kristjan Verbič, addressed an audience that had mushroomed to over 4,000 attendees when concerned citizens joined port workers. In his speech, he stressed the catastrophic management by the government of the public property of the Republic of Slovenia and all of its citizens, pointed out minority shareholder problems in advance of Friday's meeting and called for sanctioning of the persons responsible in his speech.
The PanSlovenian Shareholders` Association (VZMD) welcomes the important letter by the Member of the European Parliament, Ms. Romana Tomc, addressed to Ms. Danièle Nouy, the Chair of the Supervisory Board at the European Central Bank (ECB). In her letter, the Slovenian MEP asked for an explanation as to why in the bank stress test performed by the ECB in October 2014 the projections for the Slovenian banks NKBM and NLB for the end of 2014 - i.e. only two months after the performed test - undervalued the actual state by more than a half. Ms. Romana Tomc, MEP, also asked for an explanation as to why the Chair Nouy in a recent interview for the Slovenian Press Agency (STA) praised these results, even though their inaccuracy must have been known to her by then, and why she presented them as a "confirmation" of the Bank of Slovenia's calculations on the basis of which the latter keeps defending the cancellation of all shares and subordinated bonds in all Slovenian systemic banks.
On Wednesday, a gala dinner and reception introduced the Convention of Federation of European Securities (FESE), which brings together 36 stock exchanges from 30 countries. This year's convention on Malta was titled »European Capital Markets: One Team or Just a Dream?«, and through various presentations, round tables and debates some of the most topical issues regarding financial and capital markets were addressed.
A week after successfully completing the 5th international tour, the preparations at the PanSlovenian Investors' & Shareholders` Association (VZMD) are well underway for the 6th this years' tour of the international business-investor programs of VZMD: Invest to Slovenia – investo.si and International Investors` Network – invest-to.net, in the context of which the VZMD President, Mr. Kristjan Verbič, will visit Malta and Romania. This week thus at the Malta's St. Julian's he will attend the congress of the Federation of European Securities Exchanges (FESE), and thereafter in Bucharest the General Meeting of the International Fund for Cooperation and Partnership of the Black Sea and the Caspian Sea (BSCSIF).
During the 14th international Forum of independent financial advisors (CIFA), the eminent Monaco's Hermitage hotel was the venue of the presentation "What the best intentions of the world could do for consumers: the Slovenian case", in which the PanSlovenian Shareholders' and Investors' Association (VZMD) President, Mr. Kristjan Verbič, explained the so called bail-in the Slovenian way last Friday. On this occasion, the reputable attendees expressed their considerable interest as well as surprise at the actions of the Slovenian financial authorities, competent institutions, regulators and European Commission representatives. The Swiss non-profit organization which has the special status of an advisor to the United Nations Economic and Social Council is concerned with strengthening of the role of independent financial advisors internationally aimed at better protection of the investors' interests in the wake of mounting regulations and complexity of financial markets.
At the end of last week, the 4th international conference and forum Centrallia ended at the RBC congress center in the Canadian city of Winnipeg. During the event many B2B meetings and receptions of the forum participants were held, whereby the PanSlovenian Shareholders' and Investors' Association (VZMD) President, Mr. Kristjan Verbič, had 14 direct organized business talks in two days.
The 4th international conference Centrallia which focuses on business growth, establishing new business partnerships and exploring new global markets, began yesterday in the Canadian town of Winnipeg. The conference will be attended by over 700 companies and institutions from over 30 countries. An outbound economic delegation organized by SPIRIT Slovenia, which includes the PanSlovenian Shareholders' and Investors' Association (VZMD) President, Mr. Kristjan Verbič, is also visiting Canada.
At the end of last week, the PanSlovenian Shareholders' and Investors' Association (VZMD) sent a new press release to global media via an information portal in the US, vzmd.newswire.com, regarding the scandalous expropriation of shareholders and bondholders of Slovenian banks. VZMD welcomes the fact that the Supreme Court of the Republic of Slovenia confirmed the view which has been expressed by VZMD's associates since December 4, 2013 when the first initiative for a constitutional review of the controversial amendment of the Banking Act (ZBan-1L) was lodged; namely, this law with which the self-proclaimed "domestic troika" nationalized as many as six Slovenian banks is unconstitutional and even to such an extent that it violates a number of constitutionally protected human rights.
During the visit by Mr. Alexander Borisovich Lobakov, the Deputy Governor of the Vladimir Region and head of the regional administration of the Government of the Russian Federation, in Slovenia, the "How to Do Business with the Russian Vladimir Region" seminar took place yesterday at the Secretariat-General of the Republic of Slovenia. The attendees were addressed by the Russian Federation's ambassador to Slovenia, His Excelency Mr. Doku Zavgayev, the President of the National Council of the Republic of Slovenia, Mr. Mitja Bervar, acting director of SPIRIT Slovenia Mr. Gorazd Mihelič, the Director of the Jožef Stefan Institute Mr. Jadran Lenarčič and the Director of the Technology park Ljubljana Mr. Iztok Lesjak.
Next week marks the beginning of this year's fifth tour of the PanSlovenian Shareholders` Association (VZMD) international business-investor programs: Invest to Slovenia – investo.si and International Investors` Network – invest-to.net, in the context of which the VZMD President, Mr. Kristjan Verbič, will visit Canada, France and Monaco.
At first he will actively participate at the 4th international business forum Centrallia 2016 held in Winnipeg, Canada, as a member of an outbound economic delegation. With its many round tables, receptions, B2B talks and other events, the Centrallia will bring together over 700 companies and institutions from Canada and over 30 other countries.
Yesterday the PanSlovenian Shareholders' Association (VZMD) President, Mr. Kristjan Verbič, arrived in the Chilean capital of Santiago to take part in the Economic delegation lead by the Director-General of the Directorate-General for Environment, Mr. Daniel Calleja. Mr. Verbič set off for Chile immediately after the end of the conference program and the annual General meeting of the European Federation of Investors and Financial Services Users (Better Finance) in Stockholm, where, among 14 candidates, he was elected to the Executive Board of this influential European federation which consists of more than 50 national associations of investors and shareholders.
In addition to elections, this meeting was primarily marked by the 50th anniversary of the Swedish Shareholders' Association (Aktiespararna). The special ceremony has been attended by more than 500 prominent guests among others highest representatives of Better Finance and World Federation of Investors (WFI). The attendees watched a special tailor-made documentary for this occasion, which reminded many attendees of the retrospective »10 years of VZMD«(VIDEO). As part of the conference, the attendees were acquainted with the developments in the case of "VolksWagen scandal".
In Stockholm today, at the premises of the local NASDAQ stock exchange OMX, the General meeting of the European Federation of Investors and Financial Services Users (Better Finance), takes place immediately after the last meeting of the current members of the Executive Board of Better Finance. The important voting General meeting has elected a new Executive Board of this influential European association, where the representative of Slovenia, the VZMD President, Mr. Kristjan Verbič was elected for the third term.