– CROATIA, Zagreb – T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ), Croatia’s leading telecommunications provider, announces that its Supervisory Board has elected Mr. Thorsten Albers as Management Board Member and Chief Technical and Information Officer (CTIO) of Hrvatski Telekom d.d.
Mr. Albers will assume his duties on May 1. Until he arrives at Hrvatski Telekom, he will remain Chief Officer in charge of technology at Makedonski Telekom and T-Mobile Macedonia.
Mr. Albers has gained considerable international experience in executive positions in the technology sector. For the past six years he has been Chief Technology Officer at Makedonski Telekom, where he played a key role in the successful implementation of its IP migration project.
As separately announced today, the Supervisory Board has proposed to the General Assembly that Ms. Dolly Predovic be appointed new Member of the Supervisory Board of Hrvatski Telekom d.d. as an independent candidate for a term of four years.
About T-Hrvatski Telekom (Reuters: THTC.L, HT.ZA; Bloomberg: THTC LI, HTRA CZ)
T-Hrvatski Telekom (T-HT) is the leading provider of telecommunication services in Croatia, serving more than 1.2 million fixed lines, 2.3 million mobile subscribers and 628,000 broadband retail access lines through its Residential and Business divisions.
Since its initial public offering in October 2007, T-HT shares have traded on the Zagreb Stock Exchange, with global depositary receipts trading on the London Stock Exchange. CMobil B.V. (a company 100% owned byDeutsche Telekom Group) owns 51% of T-HT’s shares, with the War Veterans’ Fund owning 7% and the Restructuring and Sale Center holds 3.5%. The remaining free float is in the hands of private and institutional investors.
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