VZMD

VZMD is a non-governmental organisation based in Ljubljana, Slovenia working on justice & legal aid, democracy & civil society.

VZMD (Vseslovensko združenje malih deležnikov) is a Slovenian non-governmental organisation that represents and organises small shareholders, investors and financial services consumers. It was established as a voluntary civil society movement and later formalised as a non-profit institute (zavod), with its founding association dating from 2006 and the institute established in 2007. The organisation conducts collective legal proceedings and out-of-court demands on behalf of wronged shareholders and consumers, including collective damages claims against telecom operators, and submits legislative proposals in Slovenia and the EU. It also takes part in international investor federations and runs investor-business programmes, public awareness video output and advice for affected individuals. Its base is in Ljubljana, Slovenia, and it states it receives no public or budgetary funding.