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Croatia's Agrokor agrees draft settlement terms with creditors to avoid bankruptcy 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.

Agrokor 'will meet debt settlement terms deadline of 10 April' 7 Mar 2018

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

Croatia appoints Fabris Perusko as Agrokor's crisis manager after predecessor quit 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.

Problems mount at Croatia's Agrokor as crisis manager quits 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.

Croatia's debt-laden Agrokor 'to seek deadline extension' with creditors 16 Feb 2018

Embattled Croatian food company Agrokor will reportedly ask a court for more time beyond an agreed deadline to reach a settlement with creditors over EUR5.5bn (US$6.8bn) in debt.

Atlantic Grupa to become first official distributor for Mars in Croatia 12 Jan 2018

Croatia's Atlantic Grupa will become the first official distributor of Mars products in the European country from February in a move expected to generate an additional HRK100m (US$16.1m) in revenue this year.

Agrokor creditors open doors to debt settlement plan 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.

Agrokor owner Ivica Todoric appears in London court on extradition order 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.

Agrokor outlines viability plan to sustain troubled company 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. 

Arrest warrant reportedly issued for Agrokor owner Ivica Todoric 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.