Agrokor

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John Shepherd | 15 May 2017

Units of embattled Croatian food manufacturer and retailer Agrokor are set to be broken up and some sold off within a year in a move aimed at paying down debts, according to the head of the team appointed to restructure the group.


John Shepherd | 4 May 2017

The Croatian Financial Services Supervisory Agency (Hanfa) has temporarily halted trading of eight companies belonging to the country's embattled food manufacturer and retailer Agrokor.


John Shepherd | 1 May 2017

The restructuring team appointed to run Croatia's indebted food manufacturer and retailer Agrokor has said it investigating "potential errors" in the group's accounts.


John Shepherd | 13 Apr 2017

Six banks have "expressed readiness" to pump new finance into Croatia's indebted food manufacturer and retailer Agrokor with an initial fresh loan of up to EUR150m (US$160m), the group's newly-appointed restructuring chief has announced.


John Shepherd | 10 Apr 2017

Croatia's government today (10 April) nominated Ante Ramljak to head the restructuring of the country's embattled food manufacturer and retailer Agrokor, after the group was placed in state ownership as part of moves to try to stabilise the business.


Dean Best | 5 Apr 2017

Agrokor, the embattled food manufacturer and retailer that is Croatia's largest company, has appointed Alvarez & Marsal to try to stabilise the business.


John Shepherd | 3 Apr 2017

Croatia's Prime Minister, Andrej Plenkovic, will hold talks today (3 April) with suppliers of the country's food-to-retail group Agrokor, amid reports a deal has been agreed to ensure the company remains "solvent during a restructuring process".


John Shepherd | 21 Mar 2017

Talks are under way with international creditors to "consolidate the position and operations" of Croatia-based food-to-retail group Agrokor, the country's Prime Minister has said.


Katy Askew | 15 Jun 2016

Croatian food maker Agrokor Group has sold a 50% interest in a domestic plant to Belgium's Ardo Group, with the two companies forming a joint venture to produce frozen fruit and vegetables in eastern Europe. 


Dean Best | 5 Aug 2014

Croatia-based food group Podravka has sought to calm local reports it is set to buy ice cream business Ledo from local peer Agrokor.


Hannah Abdulla | 12 Jun 2014

Slovenian fruit and veg processor Rastoder has signed a cooperation deal "worth between EUR70m and EUR100m (US$95-135m)" with Agrokor it announced yesterday (11 June).


Hannah Abdulla | 28 Apr 2014

Slovenian food retailer Mercator has confirmed it has cleared the last hurdle for its takeover by Croatian rival Agrokor after agreeing a financial restructuring deal to manage its EU1bn (US$1.38bn) debt.


Dean Best | 8 Apr 2014

Croatian food and drink group Podravka has struck a deal to buy a canned meats unit from a subsidiary of local manufacturer and retailer Agrokor.


Katy Askew | 4 Mar 2014

Croatia's Agrokor has reduced its offer price to acquire a majority stake in Slovenian retailer Mercator while also extending the deadline for the retailer to restructure its debt.


Katy Askew | 4 Feb 2014

Slovenian retailer Mercator said it was able to reverse "negative business trends" in 2013 when it reported profits that "significantly improved" over the year.


Dean Best | 12 Dec 2013

Balkans retailer Mercator has forecast it will move back into profit in 2014 despite lower sales.


Dean Best | 13 Nov 2013

Losses at Balkans retailer Mercator fell in the first nine months of 2013 despite lower revenues.


Michelle Russell | 14 Oct 2013

Croatian food manufacturer and retailer Agrokor is understood to be eyeing a listing on the London Stock Exchange in the next two years.

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