Officially, Konzum’s sales are down 12-13%. Unofficially, much more.
PricewaterhouseCoopers, the auditors hired by Agrokor, are urgently attempting to ascertain where a newly found 3.7 billion kuna debt came from, cited in the newest financial report regarding the concern. The sources of this currently undefined debt are the focus of auditors.
Agrokor has announced partial data on its debt.
The crisis in Agrokor does not seem to be subsiding.
While Finance Minister Marić claims he did not see anything suspicious while he worked at Agrokor, his predecessor has somewhat different recollections.
Despite the government’s efforts, credit rating agencies are not optimistic about Croatia’s largest privately-owned company.
This one should not be taken lightly, as it comes by someone who has rolled God knows how many cigarettes in his long life.
The trading has been stopped due to potential errors in Agrokor’s financial statements and the appointment of a new auditing company.
The person at the centre of the government crisis speaks.
Ruling coalition crisis is not the only crisis in Croatia these days.