STATUTE

on

BULGARIAN ASSOCIATION OF ELECTRICAL ENGINEERING AND ELECTRONICS

 

 

 

GENERAL PROVISIONS.

Art. 1. The Bulgarian Association of Electrical and Electronic Engineering is a non-profit association within the meaning of the Non-Profit Legal Entities Act

Art. 2. (1) The official name of the association is "BULGARIAN ASSOCIATION OF ELECTRICAL EQUIPMENT AND ELECTRONICS".

(2) For the purposes of correspondence in English, the official name is "BULGARIAN ASSOCIATION OF ELECTRICAL ENGINEERING AND ELECTRONICS".

(3) For the purposes of correspondence in German, the official name is "BULGARISCHER VERBAND DER ELEKTROTECHNIK UND ELEKTRONIK".

Art. 3. BULGARIAN ASSOCIATION OF ELECTRICAL EQUIPMENT AND ELECTRONICS, hereinafter referred to as "ASSOCIATION", in its statutes, is headquartered in Sofia and has a management address in Sofia, Krasna Polyana Municipality, "Alexander Stamboliiski" Blvd N 205.

Art. 4. (1) The ASSOCIATION shall carry out its activity for the private benefit of its members, on the basis of this Statute and in compliance with the laws of the Republic of Bulgaria.

(2) The ASSOCIATION is a voluntary association, is not a management structure and in its activity does not in any way violate the independence of its members.

Art. 5. The ASSOCIATION is a legal person with its own stamp, tax number, BULSTAT, bank accounts and own sign.

Art. 6. The existence of the ASSOCIATION is not limited in time.

 

OBJECTIVES AND MEANS. ACTIVITIES TO ACHIEVE THE OBJECTIVES:

Art. 7. The ASSOCIATION aims to:

  • represent and defend the interests of its members before state, public and international bodies and organizations as a national representative association of the electrical industry;
  • to promote and publicize in the country and abroad the technological and production possibilities of its members;
  • To assist its members in their efforts to integrate into the world of electrical engineering and to establish themselves on the international markets;
  • to assist its members in enhancing their competitiveness and technological level in order to occupy market niches with new products;
  • to help attract foreign investments, to create joint ventures, cooperative productions and other forms of economic cooperation;
  • accelerate the process of harmonizing technical legislation with the European one;
  • accelerate the construction of the product certification system in the country;
  • to contribute to building the internal market, releasing it from inappropriate products, illicit imports and phantom companies;
  • influence the development of public opinion in accordance with the interests of its members;
  • to assist its members in modernizing the enterprises and in ensuring safe and healthy working conditions, modern technical and technological level and environmentally friendly working environment;
  • to promote the qualification and achieve high professionalism and authority of the management staff of its members;
  • to promote loyal and ethical relations in the industry.

Art. 8. To achieve the above goals ASSOCIATION:

  • develops and submits to the state bodies proposals for new and amended normative acts in the sphere of economic development and management, develops opinions and proposals for amendments and supplements to the acting normative acts;
  • actively participates in the development of customs tariffs;
  • participates in the work of advisory councils, committees and working groups to state and public authorities;
  • Explore the possibilities of business relations of its members with international business;
  • maintain a system for informing its members about business events and business proposals for the country and abroad;
  • promotes its members in new markets;
  • establishes useful cooperation with European, national and international industry associations;
  • Supports the development of trade and technological links in the industry;
  • promotes the innovation process and the effective participation of the intellectual potential of the country in this process;
  • promotes the building of fruitful links between technical universities and colleges with manufacturing enterprises;
  • organizes fairs, exhibitions, fairs and exhibitions and visits to its members;
  • Organizes business visits of foreign specialists in the country and Bulgarian specialists abroad;
  • organizes national and international meetings, seminars, conferences, courses and professional trainings;
  • Supports the creation and strengthening of small and medium-sized enterprises as subcontractors for large companies;
  • Supporting the creation and strengthening of high-tech and intellectual firms;
  • assisting its members in obtaining bank credits and grants;
  • participates in national and international projects and programs and helps to include their members in them;
  • Represents and protects the interests of member employers as a party to collective bargaining and tripartite cooperation with relevant trade unions and government institutions by concluding a branch / branch employment contract on behalf of employers;
  • advises its members on labor and tax legislation, health and safety at work, environmentally friendly working environment, social relationships and helps resolve disputes;
  • prepare annual analyzes of the state and trends in the branch;
  • gathering business information and providing it to its members;
  • promote ethics and loyalty in the industry by gradually introducing a moral code in the industry;
  • organizes the specialists from the branch to participate in the process of harmonization of the technical legislation, the product standards and the quality management systems with the European ones;
  • keeps a register of the right companies in the industry and issues certificates to these companies;
  • Issues and prints information and promotional materials, publishes in specialized editions and on the Internet;
  • Organize or assist in the construction and accreditation of laboratories and certification centers in the industry;
  • Organize temporary teams of experts to solve problems for its members;
  • delivers specialized technical editions from home and abroad.

Art. 9. The ASSOCIATION carries out additional activity, accompanying or directly or indirectly related to the activities listed in Article 8, as well as:

  • advertising services;
  • consulting services;
  • services related to seminars, business forums, conferences, etc. Events of economic importance to the industry;
  • Accompanying foreign specialists in the country;
  • Passport services, visa procedures, travel in the country and abroad, reservation of hotels for their members and for professionals from abroad.
  • 10. The ASSOCIATION may receive additional financial support in addition to the membership fees for the activities listed in Art.8 and Art.9.
  • 11. The ASSOCIATION does not form and distribute profit, and all its revenues are used only to finance its activities.
  • 12. The Association maintains accounting in accordance with the Accountancy Act.

 

MEMBERSHIP. RIGHTS AND OBLIGATIONS OF MEMBERS

Art. 13. Membership in the ASSOCIATION is voluntary, in which members retain their full legal and economic autonomy.

Art. 14. (1) Members of the Association may be Bulgarian and foreign legal and able natural persons, who carry out economic activity. The ASSOCIATION may also be legally and legally incumbent individuals who do not engage in economic activity but contribute to the achievement of the objectives of the ASSOCIATION.

(2) ASSOCIATION may include municipal, regional, regional, branch, branch, professional and other organizations.

(3) ASSOCIATION may not include political parties and movements, as well as natural persons, members of their central governing bodies.

Art. 15. Each member of the ASSOCIATION shall have the right:

  • to participate with its representatives in the governing bodies;
  • to receive regularly the information provided by the ASSOCIATION;
  • to make suggestions for amendments to normative acts;
  • to make a discussion and to seek protection on problems of its activity;
  • to receive the assistance of the ASSOCIATION for solving problems from the competence of state and public institutions;
  • to use the property of the ASSOCIATION and the results of its activity, provided that they have fulfilled their property obligations according to the decisions of the General Assembly;
  • Art. 16 Any member of the ASSOCIATION in case of difficulties shall have the right to request from the Management Board temporary deviations from the terms and the amount of the membership fee and shall present the necessary reasons for this.

    Art.17. Each member of the ASSOCIATION is obliged:

  • to observe the Statute, the decisions of the General Assembly and of the Management Board;
  • Assist financially and financially the activity of the ASSOCIATION through regular payment of its annual membership fee within the terms and in the amount determined by the General Assembly;
  • not to use the Association in any way for purposes contrary to the Articles of Association and professional ethics;
  • to inform the Management Board of significant changes in the numerical composition, management bodies and ownership;
  • to provide without delay the statistical data requested by the ASSOCIATION for statistical purposes;
  • to inform about changes to addresses and telephone numbers.
  • Art. 18. (1) The new members shall be obliged to pay their membership fees for the current year within 10 days of receipt of the decision for their admission as a member of the ASSOCIATION.

    Art. 19. The members of the ASSOCIATION are responsible for their duties only up to the amount of their annual membership fee.

    Art. 20. The performance of membership obligations and the exercise of membership rights can not be granted to others and do not pass on to others upon termination.

     

    ADMISSION OF NEW MEMBERS. TERMINATION OF MEMBERSHIP

    Art. 21. (1) Any legal or natural person may declare his / her desire for membership in the ASSOCIATION by a written application in an established form to the Management Board certifying that he accepts this Statute and is ready to financially support the activities of the ASSOCIATION. In the written application, legal persons complete basic data about the enterprise and attach copies of the court decision for registration of the company and a certificate of good standing, and the natural persons apply a professional biography.

    (2) The successors of a member of the ASSOCIATION after its transformation may become members by informing them in writing of their wish and of their consent with the Articles of Association, without the need to be re-adopted under the preceding paragraph.

    Art. 22. (1) The applications for membership shall be pronounced by the Management Board at its first meeting.

    (2) The decision of the Managing Board shall be announced in writing to the applicant within 10 days.

    Art. 23. Membership in the ASSOCIATION is terminated:

  • when a request by the member for termination of membership is deposited at the Management Board;
  • upon termination of the member legal entity or full legal disability of the member;
  • upon documented non-payment of the membership fee within the specified deadlines, except in special circumstances and in coordination with the Management Board;
  • upon termination of the ASSOCIATION.
  • Art. 24. (1) A member of the ASSOCIATION may be excluded in case:

  • violates the Statute or laws in the country;
  • carry out actions that undermine the prestige of the ASSOCIATION;
  • violates the ethical norms in the branch and manifests disloyalty to the members of the ASSOCIATION;
  • has conduct contrary to the objectives and tasks of the ASSOCIATION;
  • systematically fails to fulfill financial obligations to the ASSOCIATION.
  • Art. 25. (1) Decisions for termination of membership and for exclusion shall be taken by the Management Board and the proposal shall be submitted by a member thereof. The decision to terminate membership or exclusion, accompanied by a statement of reasons, shall be sent to the excluded member by letter.

    (2) The decisions for termination and exclusion, together with the reasons for this, shall be published in the editions of the Association and of the national employers organizations.

    Art. 26. Terminated its membership under Art.23 and Art.24:

  • shall not be relieved of its financial obligations for the current year;
  • shall not be entitled to receive repatriated property contributions.
  •  

    MANAGEMENT AUTHORITIES.

    Art. 27. The management bodies of the ASSOCIATION are elective and are as follows:

    • General Assembly;
    • Management Board;
    • Control Board;

    Art. 28. (1) The supreme body of the ASSOCIATION shall be the General Assembly.

    (2) The Managing Board of the ASSOCIATION shall be the Management Board.

    (3) The control functions in the ASSOCIATION shall be performed by the Control Council.

    (4) The Chairman of the Managing Board shall be authorized by the Management Board for the day-to-day management of the ASSOCIATION`s activity.

    Art. 29. (1) Both the physical persons, representatives of the members of the ASSOCIATION and distinguished specialists from the economic community of the country, nominated by members of the ASSOCIATION may be elected in the Managing Board and the Control Council.

    (2) Can not be elected in the Management Board and the Control Council:

  • the persons deprived of the right to hold a managerial, accounting or financial position;
  • members of governing bodies of political parties and movements;
  • members of managing bodies of insolvent entities;
  • persons who are married, in direct linearity or are brothers and sisters with a member of the Management or Control Councils.
  • Art. 30. The members of the Management Board and the Control Council shall not receive remuneration for their work in these bodies but may receive remuneration only for the execution of specific tasks, programs and projects of the ASSOCIATION within its budget.

    Art. 31. The decisions of the bodies of the ASSOCIATION may be challenged before the General Assembly at the request of the interested members or the Management Board within one month of their being informed by a written objection to the Management Board.

     

    GENERAL ASSEMBLY. POWERS

    Art. 32. (1) The sessions of the General Assembly shall be regular and extraordinary.

    (2) Regular meetings are held at least three years.

    (3) Extraordinary meetings are held by decision of the Management Board or at the request of at least one third of the members of the ASSOCIATION.

    Art. 33. The convening of a General Meeting is made by the Managing Board by a written invitation promulgated in the State Gazette or in a central daily newspaper and placed at the Announcement ASSOCIATION at least one month before the scheduled day and sent by e-mail to all members. The invitation to the General Assembly must contain the agenda, the date, the time and the place of its holding, as well as the initiative of which it is convened.

    Art. 34. (1) The session of the General Assembly may start at the announced time with the presence of more than half of the members. Otherwise, the start of the meeting is postponed for the same day one hour later and with the same agenda. The meeting is considered legal regardless of the number of members present.

    (2) The persons present at the meeting shall be registered with a signature in a protocol of a Commission of Intendance appointed by the Management Board.

    Art. 35. (1) Each member of the ASSOCIATION shall have one vote in the General Assembly.

    (2) A member of the General Assembly shall not have the right to vote in resolving issues related to:

  • him / her, his / her spouse or relatives in a straight line, in a collateral line - up to the fourth degree by marriage - up to the second degree inclusive;
  • legal entities in which he is the manager or may impose or impede the taking of decisions.
  • (3) An individual may by a written power of attorney represent at the General Assembly not more than three members of the ASSOCIATION

    Art. 36. (1) Decisions of the General Assembly on matters not included in the agenda announced in the invitation can not be taken.

    (2) The decisions of the General Assembly under Article 37, item 1, 2, 3, 13 shall be taken by a majority of 2/3 of those present.

    (3) All other decisions of the General Assembly shall be taken by a simple majority of those present

    (4) The voting of decisions shall be made manifestly.

    Art. 37. The General Assembly decides on:

  • amendment of the Statutes;
  • adoption of other internal acts;
  • change of the name of the ASSOCIATION;
  • the activity report of the Management Board;
  • main directions and program of activities of the ASSOCIATION;
  • the budget of the ASSOCIATION;
  • the amount and the terms for the payment of the membership fee or property contributions;
  • the number of the members of the Management Board;
  • the term of office of the Management Board and the Control Council;
  • election and dismissal of members of the Management Board and of the Control Council;
  • Replacement of members of the Management and Control Councils before the expiry of the term for which they have been elected;
  • resolution of requests against decisions of the Management Board and the Control Council;
  • merging, merging, separation, division, reorganization and termination of the ASSOCIATION;
  • distribution of the assets remaining after the creditors satisfaction after liquidation;
  • temporary operational commissions for the meeting;
  • Any questions not provided for resolution by other authorities.
  •  

    MANAGEMENT BOARD. MEETINGS. POWERS

    Art. 38. (1) The Management Board shall be an executive body of the ASSOCIATION and shall manage its activity in accordance with the annual and prospective tasks and activities undertaken by the General Assembly for the performance of its main tasks in the period between the meetings of the General Assembly.

    (2) The Management Board shall consist of a minimum of three persons and be elected for a term of up to 5 years by the General Assembly by a simple majority. Upon expiration of the mandate, until the election of a new Management Board, the old man continues to perform his functions.

    (3) The Managing Council shall elect as Chairman of the ASSOCIATION and determine the volume of the representative power of the President.

    Art. 39. The Management Board shall meet at meetings at least once per quarter at the initiative of the Chairperson of the ASSOCIATION. The Chairperson shall be obliged to convene a meeting within one week and at the written request of at least one third of the members of the Management Board. The request must state the reasons for the call and the questions to be dealt with. If the Chairperson does not convene a meeting within this time limit, it may be convened by each of the members of the Management Board concerned.

    Art. 40. Meetings of the Board of Directors shall be chaired by the Chairman and, in his absence, by a member appointed by the Managing Board.

    Art. 41. The meeting of the Management Board shall be regular if more than half of its members are present. He is also a member of the Management Board, with whom he has a bilateral relationship, guaranteeing his identity and allowing his participation in the discussion and decision-making. The voting of this member shall be certified in the minutes by the chairman of the meeting.

    Art. 42. (1) The Management Board shall take decisions by a simple majority of those present at the meeting.

    (2) The Management Board may also decide without holding a meeting if the record of the decision taken is signed without comments and objections by all members of the Management Board.

    Art. 43. All decisions of the Management Board shall be recorded in a record. The minutes shall be signed by the Head of the Meeting and the Protocol.

    Art. 44. The Management Board shall decide on:

  • Determining the order and organizing the activity of the ASSOCIATION;
  • Adoption of new members, termination of membership and exclusion;
  • participation and termination of participation in other organizations;
  • opening and closing of branches, determining their manager and rules;
  • creating working bodies at the ASSOCIATION and adopting their internal rules for organization;
  • Change of the address of the ASSOCIATION;
  • election by its members of the Chairman of the Management Board;
  • determining the scope of the representative power and the powers of the President;
  • Acquisition and expropriation of real estate;
  • adoption of plans and programs for the activity;
  • submitting to the General Assembly a report on its activities;
  • submission to the General Assembly of a draft budget;
  • Adoption of the accounts and balances of the ASSOCIATION;
  • determination of remuneration for members of the Management and Control Boards under the conditions of Art. 30
  • establishing and awarding prizes and symbols of the ASSOCIATION;
  • appointment of a liquidator;
  • convening a General Assembly;
  • appointment of a Chairperson and committees for the General Assembly.
  •  

    SUPERVISORY BOARD. POWERS

    Art. 45. The Supervisory Board consists of 3 members and is elected by the General Assembly for a term of up to 5 years. Upon expiration of the mandate, until the election of a new Supervisory Board, the old man continues to perform his functions.

    Art. 46. ​​The Control Board:

  • verify the implementation of the decisions of the General Assembly and of the Management Board;
  • monitor the proper management of the assets of the ASSOCIATION;
  • concludes on the annual financial report of the ASSOCIATION and reports on its activities to the General Meeting.
  • Art. 47. The Supervisory Board shall elect a Chairperson from its composition for the term of office.

    Art. 48. The Supervisory Board shall take its decisions by a simple majority.

    Art. 49. The minutes of the Control Council shall be signed by its Chairman.

     

    PRESIDENT. POWERS

    Art. 50. The Chairman of the Management Board:

  • represents and manages the activities of the ASSOCIATION within the mandate granted by the Management Board;
  • convene and direct the meetings of the Management Board;
  • approve the accounting chart of accounts;
  • determine the state and the remunerations within the budget.
  •  

    PROPERTY

    Art. 51. The property of the ASSOCIATION consists of ownership of real estate and movables, intellectual property rights, securities.

    Art. 52. The ASSOCIATION may, by decision of the General Assembly, set up target funds and their sources and manner of use shall be determined by the decision on their formation.

    Art. 53. The ASSOCIATION is responsible for its obligations with its property and is not liable for the property obligations of its members.

     

    TRANSFORMATION AND TERMINATION OF THE ASSOCIATION

    Art. 54. (1) Decisions on merger, merger, separation, division, reorganization and termination of the ASSOCIATION shall be taken by the General Assembly.

    (2) It is not allowed to merge with political parties and movements and infusion into them.

    Art. 55. (1) Upon termination of the ASSOCIATION by a decision of the General Meeting, the liquidation shall be carried out by the Management Board or by a person appointed by it.

    (2) The Management Board may appoint as a liquidator a person who is not a member of the ASSOCIATION, taking into account Art. 29 (2).

    Art. 56. Regarding the liquidation procedure and the powers of the liquidator, the provisions of the Commercial Act shall apply.

    Art. 57. Property remaining after the satisfaction of the creditors shall be distributed according to Art. 37, item 14.

    Art. 58. The funds for maintenance of the liquidation, including the remuneration of the liquidator, shall be determined by the Management Board.

     

    This Statute was adopted by the founders by a decision of the General Assembly on 22.04.1994, as amended and supplemented by decisions of the General Assembly on 29.10.1996, as amended and supplemented by decisions of the General Assembly on 22.01.1999, as amended Supplemented by decisions of the General Assembly on 30.11.1999, superseded in compliance with §1 (4) of the Law for the Non-Profit Legal Persons with decisions of the General Meeting on 13.12.2001, amended and supplemented by decisions of the General Meeting 28.04.2005, amended and supplemented by decisions of the General Meeting on 18.09.2008, amended and supplemented by decisions of the General Assembly on 8.06.2008 .2016 and registered in the Commercial Department of the Sofia City Court.