Tuesday, 13 February 2018

Agrokor: Extraordinary Administration Operation Results Will Be Known in March

Agrokor's business data for last year should be known at the end of next month.

Saturday, 10 February 2018

Agrokor Consultants Warn against Replacing Emergency Administrator

ZAGREB, February 10, 2018 - The director of AlixPartners, the consultant in the restructuring of the Agrokor conglomerate, has said that replacing the emergency administrator in the indebted group, Ante Ramljak, would endanger the restructuring and that he believes the process will be completed within the legal deadline.

Friday, 9 February 2018

Minority Shareholders Present Alternative Agrokor Restructuring Plan

ZAGREB, February 9, 2018 - The association of minority shareholders in the ailing Agrokor food conglomerate on Friday presented a draft settlement plan for Agrokor d.d. which, among other things, recommends the restructuring of only those companies with negative capital, that is, the conglomerate's core businesses, Agrokor d.d. and the Konzum supermarket chain.

Thursday, 8 February 2018

Government Wants Agrokor’s Creditors to Be More Active

ZAGREB, February 8, 2018 - Economy Minister Martina Dalić has called on the Temporary Creditors' Council in the ailing Agrokor conglomerate, to agree on a schedule of activities by the middle of next week so that creditors can vote on proposed settlements as soon as possible and to finalise the emergency administration procedure, the ministry said in a press release on Thursday.

Tuesday, 6 February 2018

Plenković Claims He Did Not Know about Agrokor Consultant Fees

ZAGREB, February 6, 2018 - Prime Minister Andrej Plenković said on Tuesday he had not known about the fees of the consultants for the restructuring of the Agrokor group, adding that he did not support their amounts, that he would give his assessment after examining a report from Agrokor emergency administrator Ante Ramljak and that, in the Agrokor case, the government had done the only right decision by adopting a law on emergency administration in systemic companies.

Monday, 5 February 2018

Documents Related to Agrokor Consultants Delivered to Prime Minister

ZAGREB, February 5, 2018 - The government-appointed emergency administrator in the ailing Agrokor conglomerate, Ante Ramljak, on Monday submitted documents to the government related to the hiring of consultants in Agrokor, the government said, adding that it will analyse the documents in detail and then decide on further steps.

Sunday, 4 February 2018

MOST Criticizes Government on Agrokor and LNG Terminal

ZAGREB, February 4, 2018 - Opposition MOST party leader Božo Petrov said in Opatija on Saturday that Economy Minister Martina Dalić should know, by virtue of her office, everything that was going on in the Agrokor company and that Prime Minister Andrej Plenković should say what would happen with the company now.

Saturday, 3 February 2018

SDP Leader Claims Agrokor Consultants Are Involved in Legal Rip-Off

ZAGREB, February 3, 2018 - Social Democratic Party (SDP) leader Davor Bernardić said on Saturday that the fees charged by firms acting as consultants in the process of restructuring of the Agrokor company were a legal rip-off and that Economy Minister Martina Dalić's claims that she had not been aware of the amount of those frees were scandalous and humiliated citizens and Agrokor employees.

Friday, 2 February 2018

Economy Minister Defends Government’s Intervention in Agrokor

ZAGREB, February 2, 2018 - Economy Minister Martina Dalić said on Friday that empty political laments, political declarations and the counting of consultants on ethnic grounds would not restructure Agrokor or save jobs, adding that "a political circus" and "an inarticulate attempt to stop the restructuring" were taking place.

Friday, 2 February 2018

Government Seeks Explanation for Engagement of Additional Consultants in Agrokor

ZAGREB, February 2, 2018 - Deputy Prime Minister and Economy Minister Martina Dalić has met with the government-appointed emergency administrator for the heavily indebted Agrokor conglomerate to seek an explanation for the engagement of domestic consultants as subcontractors to the consulting firm AlixPartners in the restructuring of Agrokor, the Economy Ministry said in a statement on Friday.

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