Board of Directors

Duties and Responsibilities

The Board of Directors is the governing body of the institute that has the right to make decisions and resolutions for the proper conduct of activities, to ensure the efficient use of employed personnel, the profitability of resource utilization, and work processes.

(1) The Board of Directors has, primarily, the following duties:

• approves, upon the proposal of the scientific council, the strategy and concrete development programs of the national institute, the introduction of cutting-edge technologies and the modernization of existing ones, in accordance with the general strategy of its own field of activity;
• proposes the modification of the organizational and functional structure of the national institute, the establishment, dissolution, and merger of subunits within its structure;
• analyzes and endorses the draft revenue and expenditure budget, which is submitted to the coordinating central public administration body for approval in accordance with legal regulations;
• analyzes and endorses the annual financial statements, which are submitted for approval to the coordinating central public administration body, and approves the management report on the activities carried out by the national institute in the previous year;
• analyzes the achievement of performance criteria and the quarterly reporting on the activities carried out by the national institute and approves measures for conducting these activities under balanced revenue and expenditure budget conditions;
• analyzes, approves or, as the case may be, proposes for approval, in accordance with the legal provisions in force, the investments to be carried out by the national institute;
• proposes for approval the increase or decrease of assets, as well as the concession or lease of assets from the national institute’s patrimony, in accordance with the law;
• approves the valorization of acquired own assets, in compliance with legal provisions;
• approves the volume of bank credits necessary to cover current expenses, in the event that, during a year, the financial resources of the national institute are insufficient, in an amount of at most 20% of the gross revenues realized in the previous year, and establishes the method of their repayment;
• approves the mandate for negotiating the collective labor agreement;
• approves the criteria and competition committees for filling vacant positions within the national institute.

(2) The Board of Directors exercises any other duties established in accordance with legal provisions.