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Organization

The General meeting of the share holders will be the highest decision making body of HIBIR AGRO INDUSTRY S.C. It will normally be conducted to elect the directors and decide on their remuneration, hear the reports of the board and the external auditors, and decide on the appropriation of the net profits of the company. However, extra ordinary general meeting of shareholders can be held more often, based on the company status.

The company will be led by the board of directors; the board directors will have five to seven members. They should be elected for a period of 3 years. The board will have president, vice president and secretary. It is responsible for policy makers, approval and follow-up of annual programmers and begets, and the appointment of the chief executive officer of the company.

Management

Hibir Agro Industry S.C. has set up an office headed by the GM, to manage the company. And the board of directors which is to be erected by the general assembly will be the policy maker.

Auditors

They should be appointed by the General meeting of shareholders.

Objectives of Hiber

The overall objective of Hiber Agro Industry is to increase food production and derive benefits for its share holders.

The specific objectives include:

  • Fattening (cattle, sheep and goats), dairy development, forage production, poultry production, apiary development and large scale irrigated agriculture.
  • Achieving any other activities that are related to Hiber Agro Industry Share Company.