Tuesday, 22 May 2018

Agrokor Suppliers Clash with Emergency Management

ZAGREB, May 22, 2018 - The association of suppliers of the ailing Agrokor food and retail company said in a statement on Monday evening that it continued to support a settlement with the company's creditors in line with general terms that were agreed and signed, among others, also by the Russian-owned Sberbank, and that possible changes to those terms were acceptable only if they were agreed by representatives of all creditors whereas agreements between Agrokor's emergency administration and individual creditors were not acceptable.

Monday, 21 May 2018

Commercial Court Dismisses Most Appeals against Agrokor-Related Claims

ZAGREB, May 21, 2018 - The High Commercial Court has dismissed almost all 87 appeals filed against a Zagreb Commercial Court ruling on verified and contested claims in the process of emergency administration in the ailing food and retail conglomerate Agrokor, referring most of the parties to civil proceedings in order to have their mutual claims verified or contested.

Monday, 21 May 2018

Fabris Peruško: ''The Way Franck is Acting Reminds Me of Kindergarten''

Franck isn't happy with Agrokor's extraordinary commissioner, and in turn, he isn't all that impressed with Franck's reactions, either.

Saturday, 19 May 2018

Franck Demands Urgent Court Measures against Agrokor Administration

ZAGREB, May 19, 2018 - The Frank company on Saturday reacted to a statement by the extraordinary administrator of the Agrokor conglomerate Fabris Peruško, who said that a settlement would be reached by a temporary creditors council, saying that it would be forced to ask a court to take urgent measures to prevent "further, scandalous and unlawful decisions of the extraordinary administration."

Friday, 18 May 2018

Draft of Agrokor Settlement to Be Published Next Week

ZAGREB, May 18, 2018 - The extraordinary administrator of the Agrokor conglomerate Fabris Peruško said on Friday he did not expect any external process to endanger the reaching of a settlement by July 10, the deadline defined by law, adding that the first draft of the settlement agreement would be finished today and published next week.

Friday, 18 May 2018

President Proposes National Security Council Meeting on Agrokor Affair

ZAGREB, May 18, 2018 - President Kolinda Grabar-Kitarović said on Friday she had received a detailed report on the Agrokor email scandal from the Security and Intelligence Agency (SOA) last night and that she was expected to discuss the matter with Prime Minister Andrej Plenković on Monday, when she will propose a session of the National Security Council.

Friday, 18 May 2018

Bank System to Remain Stable Regardless of Agrokor Outcome

ZAGREB, May 18, 2018 - Croatian National Bank (HNB) Governor Boris Vujčić said that even if a solution is not reached in the ailing Agrokor food and retail conglomerate, the banking system will remain stable and banks well capitalised.

Thursday, 17 May 2018

Prime Minister on Agrokor Affair: "I Sleep Peacefully"

ZAGREB, May 17, 2018 - Prime Minister Andrej Plenković on Thursday called on authorities to shed light on even the smallest detail in the situation concerning the Agrokor conglomerate, saying that he has nothing to hide and that he can sleep peacefully, and proposing that the subcontracted consultants for the restructuring of Agrokor should return their fees to remove any suspicion of profiteering.

Thursday, 17 May 2018

New Emails Prove Plenković Met with Agrokor’s “Borg Group”

The latest scandal reaches the prime minister.

Wednesday, 16 May 2018

Prime Minister Defends His Position on Agrokor Affair

ZAGREB, May 16, 2018 - Prime Minister Andrej Plenković said on Wednesday the opposition's initiative for dissolving parliament was yet another initiative that would not succeed, and that he did not know all the details regarding experts' remarks on the drawing up of the law on emergency administration in strategic companies, dubbed Lex Agrokor after the ailing food and retail conglomerate.

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