The company is managed by the board of directors of the company that decides on all of its affairs as long as they are not by the Regulations of the company or special rules restricted into force of other bodies of the company, it performs commercial managing of the company and secures all its operational and organizational matters. The board of directors of the company the performance of the stated activities secures directly or by the executive manager and administrative units of the company, onto which the board of directors devolves their force on the stated purpose.
Administrative units of the companies are the sections, divisions and departments of the company. The sections of the company is an administrative unit of the company of the second level in the hierarchy of administrative managing of the company which has own head to whom at least ten other employees are subordinate or other administrative units of the company on lower level in the hierarchy of administrative managing of the company, that is the divisions and departments of the company. The division of he company is an administrative unit of the company on the third level in the hierarchy of the administrative managing of the company which has own superior employee on the higher level of the hierarchy of administrative managing of the company and at least one to them subordinate employee. The department of the company is an administrative unit of the company on the third level in the hierarchy of administrative managing of the company which has own superior employee on the higher level of the hierarchy of administrative managing of the company and its employee who performs operational and administrative purpose of this department individually.