The general meeting of shareholders in Lavena AD elected a new Board of Directors, the compamy announced. The new members are Konstantin Shalamonov, Valentin Valchev, Petar Tenev, Dimitar Naydenov, and Petina Georgieva.

Shareholders also adopted amendments to the company statute. The GM granted the Board of Directors authorization to initiate procedures for debt issunace.

The new management of Lavena confirmed their determination to modernize the company's technological equipment and to invest in production expansion.

Lavena also intends to improve the domestic distribution network of its own health and beauty products.

Lavena AD possess a certified system for quality management ISO 9001:2000 from Lloyd’s Register Quality Assurance.

The company's main markets are those of Bulgaria, Russia, USA, and the EU.

20 shares changed hands on the position today at 17.50 leva each.