'Krusik' CEO replaced

Supervising board in `Krusik` replaced the CEO of the company, Jovan Davidovic and named the former Director of the Smithing Center, Mladen Petkovic.

The meeting of the Supervising board was held in Belgrade, according to the workers on duty at `Krusik` which is officially on holiday until January 8.

Jovan Davidovic (53), Electrical engineer, was Krusik CEO from March 2004, while previously he ran the program of anti-hail rockets in the Development of Targeted Production.

The new CEO of `Krusik`, Belgrade economist, Mladen Petkovic (35) came to the Smithing center of `Krusik` from the PE `Jugoimport SDPR` in March 2012.

At the end of 2013, he let go several leading engineers and handymen who, according to BETA source, made the Smithing Center in which SDPR invested 51% and `Krusik` 49% of the capital.

Krusik`s management was not involved in the making of decision to let people go.