Saturday, 9 June 2018

Russian Ambassador to American Colleague: ''Nobody's Stopping Your Banks From Saving Agrokor!''

Fighting on Agrokor's ever-blurry sidelines continues...

Friday, 8 June 2018

Agrokor Publishes Value Estimates of Its Companies

ZAGREB, June 8, 2018 - The Agrokor Group on Friday released the latest value estimates of companies within the ailing food and retail conglomerate, and a total value of all companies in the group stands at two billion euro, with the most valuable company being the Jamnica water bottler, valued at almost 500 million euro.

Friday, 8 June 2018

Russian Ambassador Defends Sberbank’s Role in Agrokor

ZAGREB, June 8, 2018 - Russia's Ambassador to Croatia Anvar Azimov said on Friday that Sberbank was prepared to play a positive and constructive role in the ailing Agrokor food and retail conglomerate and that it had the resources and potential for that, calling on internal and external forces to not put up obstacles in that regard.

Thursday, 7 June 2018

US Ambassador Warns against Russian Influence in Agrokor

ZAGREB, June 7, 2018 - U.S. Ambassador to Croatia W. Robert Kohorst confirmed on Wednesday that, to avoid unfavourable scenarios while trying to reach a settlement for the ailing Agrokor conglomerate, not one group should have more than 10% of voting rights in the company.

Wednesday, 6 June 2018

Sberbank's Maxim Poletaev: Sberbank Will Own 40% of Agrokor

Agrokor's biggest lender makes sure to keep a tight grip.

Tuesday, 5 June 2018

Sberbank Plans to Stay Involved in Agrokor Long-Term

ZAGREB, June 5, 2018 - First Deputy Chairman of the Executive Board of Sberbank Maxim Poletaev said on Tuesday, after talks with Croatian Prime Minister Andrej Plenković, that he hoped that a settlement deal in the ailing food and retail conglomerate Agrokor would be hammered out as soon as possible.

Monday, 4 June 2018

Ministers Defend Plenković’s Meeting with Agrokor’s Major Creditor

ZAGREB, June 4, 2018 - Economy Minister Darko Horvat said that he does not think that the talks between Prime Minister Andrej Plenković and the Adris Group management board chairman Ante Vlahović amounted to the interference in the negotiations on the future settlement regarding the ailing private food and retail conglomerate Agrokor.

Friday, 1 June 2018

Agrokor Confirms Settlement with Creditors

ZAGREB, June 1, 2018 - Agrokor emergency administrator Fabris Peruško said on Thursday that creditors' negotiations on a settlement deal had ended, adding that legal formalities would now follow so that the settlement could be concluded and implemented. "The creditors' negotiations on the settlement deal finally ended today. We have a job ahead of us, we need to turn all agreements reached into legally binding and implementable solutions," Peruško told the press.

Thursday, 31 May 2018

Agrokor Settlement Reached

ZAGREB, May 31, 2018 - A representative of suppliers in Agrokor's interim council, Marica Vidaković, told Hina on Thursday that a settlement as part of the emergency administration in the ailing Agrokor food and retail conglomerate had been reached, stressing that suppliers are satisfied with it. "It is true. The settlement was reached late last night, namely all key elements have been negotiated," Vidaković told Hina over the phone.

Tuesday, 29 May 2018

Sberbank Negotiating Mercator-Agrokor Shares Swap

ZAGREB, May 29, 2018 - Russia's Sberbank is negotiating a swap of its 18.5% stake in Slovenian retailer Mercator for a stake in Mercator's parent company Agrokor, two sources close to the negotiations told Bloomberg, as reported by Russian business media.

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