Belgacom CEO under pressure to take pay cut: reportBelgacom The Belgacom Group, composed of Belgacom NV/SA and its subsidiaries, is the leading telecommunications company in Belgium. Group structure The Group is divided into three main fields of activity:
Bellens, who has been at Belgacom's helm since 2003, has come under pressure in the boardroom for failing to pursue foreign takeovers as well as having a weak command of Flemish. At the same time, Bellens, who was paid 2.7 million euros (4.0 million dollars) in 2007 according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Belgacom, has also been cited as a bad example in an ongoing debate in Europe about how much corporate leaders should be paid. Bellens' contract runs until the end of February but if it is not renewed he must be given a six-month warning or else he can receive an indemnity Recompense for loss, damage, or injuries; restitution or reimbursement. An indemnity contract arises when one individual takes on the obligation to pay for any loss or damage that has been or might be incurred by another individual. . "There's so far no agreement between the board and Bellens on his pay package," the minister in charge of public companies, Inge Vervotte Inge Marie Roger Ghislaine Vervotte (Bonheiden, December 27, 1977) is a Belgian politician for CD&V. Presently, she is the Flemish minister for Welfare, Public Health and Family. She graduated in 1998 at the Katholieke Sociale Hogeschool in Heverlee as a social assistant. , said after a cabinet meeting. "If there were no agreement, then the government would work on the basis of not renewing (his contract). It's up to Bellens to decide," she added. The Belgian Belgian having some relationship to Belgium. Belgian barge dog see schipperke. Belgian black pied cattle black, Belgian dairy cattle. Belgian blue dual-purpose cattle; blue, white or blue roan. state has a 53.5 percent stake in Belgacom. 
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