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.

November Operations Make Konzum Agrokor’s Most Successful Company
Agrokor Monthly Report December 2018 Agrokor published its 21st monthly report on the operations of 16 companies from its three business segments – Retail & Wholesale, Food and Agriculture, pertaining to the period from 11 December 2018 to 10 January 2019. In the period I-XI/18 the companies’ operations generated HRK 21,508m in revenues, with operating…
Agrokor
Agrokor’s Companies to Get New Names in the New Year
With the execution at the Commercial Court of Zagreb it has become official that all future mirror companies of the Agrokor Group other than Agrokor d.d, which were so far registered as companies under generic names, have with the last day of the year got new names. The new names of the companies, that will…
Agrokor
NOTICE TO CREDITORS OF FULLY OR PARTLY CHALLENGED CLAIMS
Creditors of fully or partly challenged claims are urged to provide proof by 15 January 2019 to the Extraordinary Commissioner as to whether they have within the allowed statutory deadline initiated or continued civil proceedings to establish their challenged claim against the company Agrokor d.d. or any of its subsidiary or affiliated companies subject to…
Agrokor
Group Generated Almost HRK 20bn in Revenues and HRK 1.7bn in EBITDA
Agrokor Monthly Report November 2018 Agrokor – advisor fees The Extraordinary Administration has published its 20th monthly report covering the operations of 16 companies from Agrokor’s three business segments – Retail & Wholesale, Food and Agriculture. The report relates to the period from 11 November to 10 December 2018, over the course of which the…
Settlement of Agrokor creditors – business event of 2018 in Croatia
Professional jury of Večernji list and Poslovni dnevnik had selected the settlement as event of the year in competition between the start of Pelješac bridge construction, Petrokemija privatization, tax reform and state budget surplus The settlement of Agrokor creditors was selected by a professional jury of Večernji list and Poslovni dnevnik as the most important…
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…