Zakłady Magnezytowe "Ropczyce" S.A. is the largest manufacturer of ceramic refractory materials in Poland and one of the largest manufacturer of ceramic refractory materials in Europe.

Activity of the supervisory board

Statute of the supervisory board - Composition of the supervisory board - Board’s statements

According to the statute of ZM "ROPCZYCE" S.A., the supervisory board is composed of five or seven persons. The number of board’s members is decided by the General Meeting. The term of office for the board’s members is common and it lasts for three years. The authority of the supervisory board of ZM "Ropczyce" S.A. includes:

  • decision on the number of the members of the company’s managing board,
  • appointment of the president of the managing board and, following the proposal of the president, the remaining members of the managing board,
  • decision on the remuneration for the members of the managing board,
  • selection of the certified auditor,
  • annual auditing and approval of the economic activity plans, financial plans and marketing plans for the company prepared by the management board,
  • giving approval, following the proposal of the management board, to effect transactions not included in the plans approved for the current year concerning the sale, purchase, mortgaging or lease of property if the value of the given transaction exceeds 10% of company’s net assets according to the last balance sheet.

The supervisory board of ZM "Ropczyce" S.A. meets at least once in a quarter.