The General Assemblies of companies NEXE d.d. and NEXE GRUPA d.d. at their today's session were introduced to annual financial reports and consolidated annual financial report for 2020.
On that occasion, President of the Board Ivan Ergović reported on the exceptionally successful business results in the last year and pointed out to importance of investments that amounted to HRK 115 million in 2020 and will continue in this year and are aimed at improvement of business processes at all levels. Realized EBITDA comes to HRK 281.341.347 or 35.22% more compared to realized EBITDA in 2019. The Group's profit for 2020 comes to HRK 153.191.773.
The General Assemblies of companies NEXE d.d. and NEXE GRUPA d.d. also made decision approving the Merger Agreement of NEXE GRUPA d.d. to Nexe d.d. aimed at direct unification of operations, which will provide simpler organization structure, will reduce administrative and support function costs and improve human resources management in NEXE business system.