Kotor (MINA-BUSINESS) - Jugopetrol from Kotor held on Friday its constituent shareholders# assembly meeting, adopted a list of shareholders, the company#s statute and elected a new board of directors. The company has 7,500 shareholders who own 4.6 million shares. The state owns 32 percent of the company and citizens 28 percent. The Pension and Disability Fund holds 16 percent, the Labour Office 5.0 percent and the development fund one percent of shares. Privatisation fund Euro Fond owns 6.0 percent, Atlas Mont 5.0 percent, Trend 4.0 percent and Mig two percent of all shares.