The process of reaching a settlement under the extraordinary administration procedure of Agrokor is one of the most complex in Croatia and in Europe due to the complexities of Agrokor as a business and the total amount of the debt as well as the large number of creditors, 5.700 of them. This section contains all the news on the process of reaching of a settlement for all the key stakeholders, as well as the latest details and developments.

Total Operating Profits Reach HRK 1,612m
The key event of the reporting period is the Settlement Plan confirmation by the High Commercial Court of Zagreb Agrokor Monthly Report October 2018 The Agrokor Group has published the 19th monthly report covering the period from 11 October to 10 November 2018. The report follows the development of the economic and financial situation and…
Agrokor Extraordinary Administration Procedure Fully Recognized in Chapter 15 proceedings in the USA
The US Bancruptcy Court for the Southern District of New York issued its written opinion in Chapter 15 proceedings (cross-border insolvency proceedings) whereby it confirmed its recognition of the EA Proceedings and the Settlement Plan in the US with respect to Agrokor and its affiliated companies. In its opinion the Court approved Agrokor’s recognition petition…
Agrokor
23rd session of the Temporary Creditors’ Council held today
The 23rd session of the Temporary Creditors’ Council of Agrokor d.d. was held today with all members attending. By way of introduction the TCC Members were once again informed of the fact that the Settlement Plan has become effective as of 26 October 2018, whereby one of several conditions precedent to the implementation of the…
High Commercial Court Confirms Creditors’ Settlement Plan for Agrokor
The High Commercial Court of Zagreb through its Council consisting of judges Branka Vučaj, Chairwoman of the Council, Dubravka Zubović, Judge Rapporteur and Nevenka Marković, Member of the Council in the Extraordinary Administration Procedure over the debtor Agrokor and its subsidiary and affiliated companies passed a ruling whereby they refused and dismissed all appeals lodged…
Agrokor
Agrokor Publishes New Monthly Report –Successful Operations and Profitability Increase Continue
Agrokor Monthly Report September 2018 ~ Operating profits of the Food sector amount to HRK 1.04bn. Total revenues in Retail reach HRK 8.97bn in the reporting period. Konzum continues to operate successfully with sales revenues in September exceeding last year’s in the same month by three per cent.~ Agrokor’s Extraordinary Administration published the monthly report for…
Agrokor
IMPORTANT NOTICE TO AGROKOR’S IMPAIRED CREDITORS: Instructions to receive the New Instruments
We make reference to the Settlement Plan of Agrokor d.d. et al as confirmed by the Commercial Court of Zagreb on 6 July 2018. In order to receive the New Instruments in accordance with the Settlement Plan, all Impaired Creditors who are entitled to receive the New Instruments under the Settlement Plan must validly complete…
Agrokor to return to normal business in 2019
Agrokor
22nd meeting of the Temporary Creditor’s Council
22nd meeting of the Temporary Creditor’s Council of Agrokor d.d. was held today and was attended by all its members, Marica Vidaković as representative of the “large suppliers” creditor group, representative of the “small suppliers” creditor group, representatives of Knighthead Capital Management, LLC as representatives of the “bond holders” creditor group, representatives of Sberbank as…
Beginning of Preparations for Settlement Plan Implementation and Continued Positive Trends
Operating profits of the Agrokor Group for I-VII/18 exceed budget by HRK 20.7m, the driver of the increase being Konzum with EBITDA in August of more than HRK 330m Agrokor Monthly Report August 2018 Agrokor’s Extraordinary Administration published its monthly report for the period from 11 August to 10 September, 2018. The goal of the…
Agrokor
Agrokor responded to complaints on the Settlement
Agrokor submitted on 4 September 2018 to the Commercial Court of Zagreb a response to appeals lodged against the order confirming the Settlement Plan of 6 July 2018. Following the principle of efficiency and in order to avoid unnecessary repetitions, Agrokor decided to respond to all 92 complaints with one submission which the Commercial Court…