Latest News

Agrokor faces arbitration proceedings from Russia's Sberbank 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.

Croatia drops plan to raise Balkan food import fees 11 Aug 2017

Croatia has reversed a decision to raise import fees on food charged at its borders with its non-EU Balkan neighbours Serbia, Montenegro and Bosnia & Herzegovina, as well as on shipments from Macedonia, another ex-Yugoslav state.

Croatia's Ledo starts ice cream exports to Portugal 9 Aug 2017

Ledo's Coco Majestic ice creams have arrived on the shelves of Portuguese supermarket chain Pingo Doce as the Croatian company seeks to increase its international presence.

Podravka posts gloomy H1 results after disinvestment, layoffs 28 Jul 2017

The disinvestment of Podravka's beverage business continued to weigh on the Croatian food producer's financial results in the first half of the year.

Atlantic Grupa H1 earnings suggest 2017 target in sight 27 Jul 2017

Croatia's Atlantic Grupa appears on course to achieve its annual sales target after posting a 2% increase in first-half revenue, led by growth in its own-branded products.

Agrokor secures loan to "sustain" business during restructure 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.

Agrokor issues deadline call to creditors 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.

Agrokor "plans business units sell-off" 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.

Croatian regulator suspends trading in Agrokor companies 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.

Agrokor investigating "potential errors" in accounts 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.