Agrokor

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Dean Best | 21 Jun 2018

Two Russian banks could hold almost 50% of the embattled Croatia-based food manufacturer and retailer Agrokor, the largest business in the Balkans set to come under the ownership of its creditors.


Dean Best | 20 Jun 2018

Agrokor, the Croatia-based food manufacturer and retailer, has secured the backing of creditors for the sale of the embattled business.


Simon Harvey | 1 Jun 2018

Indebted Croatian consumer goods conglomerate Agrokor said it has reached an agreement with creditors that will see it restructured into a new Dutch-based company.


Simon Harvey | 29 May 2018

Croatian food giant Agrokor is reportedly to be taken over by a group of creditors under a proposed debt-settlement plan after the indebted firm went into state administration last year.


Simon Harvey | 23 Apr 2018

Ivica Todoric, the founder of embattled Croatian food company Agrokor, is to be extradited from the UK to face charges in his home country over alleged fraud.


Simon Harvey | 23 Apr 2018

The founder of indebted Croatia-based food company Agrokor is to appear before London's Westminster Magistrates Court on Monday to hear his fate under an extradition order.


Simon Harvey | 11 Apr 2018

Creditors of Croatia-based Agrokor have agreed draft debt-settlement terms that provide a framework for the food group to avoid bankruptcy.


Andy Coyne | 7 Mar 2018

Embattled Croatian food business Agrokor expects to have debt settlement terms ready by 10 April 10, news agency Reuters is reporting.


Simon Harvey | 28 Feb 2018

Croatia's government has appointed Fabris Perusko to oversee the country's indebted food business Agrokor after the previous crisis manager resigned last week.


Andy Coyne | 22 Feb 2018

Embattled Croatian food group Agrokor faces more problems after it revealed the manager appointed by the government to secure a debt restructuring deal has quit.


Simon Harvey | 9 Jan 2018

Creditors of Croatia's Agrokor, which was put into state administration last year, have lent their support to a draft plan for the settlement of the company's debt obligations.


just-food.com | 21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.


Simon Harvey | 7 Nov 2017

Ivica Todoric, the owner of financially embattled Croatian food company Agrokor, appeared before a London court today (7 November) following his detention under a European arrest warrant.


Simon Harvey | 31 Oct 2017

Croatia's Agrokor outlined a plan yesterday (30 October) to sustain the financially troubled food company, with focus to be directed at stabilising the business, improving operating profits, ensuring liquidity and regaining the market's trust. 


Simon Harvey | 23 Oct 2017

State prosecutors in Croatia have reportedly issued an arrest warrant for Ivica Todoric, the founder and owner of food manufacturer and retailer Agrokor, which is under investigation for financial irregularities including the failure to disclose more than HRK3.9bn (US$611m) in liabilities in 2016.


Andy Coyne | 16 Oct 2017

A number of former executives at financially-troubled Croatian food company Agrokor have been arrested following police raids, Croatia's state news agency HINA has reported.  


Simon Harvey | 29 Aug 2017

Russia's Sberbank has initiated arbitration proceedings against embattled Croatian food company Agrokor and 11 of its guarantors over EUR450m (US$533m) in loans.


Andy Coyne | 12 Jul 2017

Croatian salami specialist PIK Vrbovec is targeting the Polish market in its latest export drive.


John Shepherd | 9 Jun 2017

Embattled Croatian food manufacturer and retailer Agrokor has secured a loan of EUR480m (US$536m) to "sustain" business operations amid a restructuring of the group.


John Shepherd | 6 Jun 2017

Serbia's anti-trust watchdog has launched an investigation into local Agrokor-owned ice cream maker Frikom over the company's alleged "abuse of a dominant position on the ice cream distribution and sale markets".


John Shepherd | 26 May 2017

Creditors of embattled Croatian food manufacturer and retailer Agrokor have been urged to submit claims against the company "in the shortest possible period" and by a "final deadline" of 9 June at the latest.


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. 



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