Warm words of gratitude from Agrokor's extraordinary commissioner.
What does the future hold for a foreign owned Agrokor?
After a gruelling wait, the settlement has been accepted and another significant milestone along Agrokor's rocky road has been reached.
ZAGREB, June 27, 2018 - The Law on Emergency Administration in Companies of Systemic Importance for the Republic of Croatia will become part of European Union acquis in insolvency procedures and will be published over the next few day in the European Union Official Journal, the government reported on Wednesday.
ZAGREB, June 22, 2018 - The Zagreb Commercial Court set a hearing for Agrokor's creditors to vote on a settlement deal for that ailing food and retail conglomerate for 4 July at 8 am.
ZAGREB, June 21, 2018 - Prime Minister Andrej Plenković said at the beginning of the cabinet's meeting that the acceptance of the settlement plan by the Temporary Creditors' Council for Agrokor was a huge achievement, adding that Agrokor has economic prospects as well as all the companies within this group and their partners.
''I'm filing a criminal report as soon as it's ready. I just can't believe that he deceived us so much''
Agrokor's former government appointed extraordinary commissioner has left Croatia, in the direction of the Czech Republic.
ZAGREB, June 20, 2018 - Agrokor's Temporary Creditors’ Council on Tuesday unanimously adopted a draft settlement plan for the ailing food and retail group whereby the largest individual shareholder in Agrokor will be the Russian bank Sberbank, with a 39.2% interest, and whereby the suppliers of the group can expect the repayment of up to 60% of their claims and other financial institutions and creditors up to 20%.
ZAGREB, June 19, 2018 - Prime Minister Andrej Plenković confirmed on Tuesday that the Temporary Creditors' Council in the ailing Agrokor food and retail conglomerate had unanimously adopted a settlement deal, saying that with that, all the set objectives have been achieved, that is, the general interest of the country's economy, preservation of jobs and the conglomerate's future.