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.

Agrokor
Letters to Supervisory Boards of Jamnica and Mercator
Fabris Peruško is looking to raise the standard of corporate management in Agrokor Group and suggests management changes Fabris Peruško, Extraordinary Commissioner for Agrokor has sent letters today to the Supervisory Board of Jamnica d.d. and to members of the Supervisory Boards of Poslovni sistem Mercator d.d. in order to inform them of important facts…
Agrokor
Sixteenth Monthly Report of the Extraordinary Administration Published – Positive Operating Trends Continue
Agrokor Monthly Report July 2018 The sixteenth monthly report was published today, relating to the period from 11 July to 10 August, 2018. Over the first six months of 2018 the Agrokor Group generated operating profits of HRK 729.7m, thus having outperformed budget by HRK 44.2m or 6.4 per cent. The key features of the…
Agrokor
Notice of Recognition Hearing on Foreign Recognition Proceedings
Agrokor d.d. and eight of its affiliates (Agrokor Trgovina d.o.o.; Belje d.d.; Ledo d.d.; Jamnica d.d.; Konzum d.d.; PIK-Vinkovci d.d.; Vupik d.d.; Zvijezda d.d.) have filed a Chapter 15 petition with the United States Bankruptcy Court for the Southern District of New York seeking U.S. recognition of Agrokor’s Settlement Plan, which was recently approved by creditors and the…
Agrokor
Settlement Plan among Agrokor Creditors Concluded within Statutory Deadline, Agrokor Group Generates Profits 10.5 per cent Higher than Budgeted
Over the first six months Konzum has outperformed budgeted profits by HRK 55m Agrokor Monthly Report June 2018 The Agrokor Group published its 15th monthly report for the period between 11 June and 10 July, 2018. The report follows the development of the economic and financial situation within the Agrokor Group and outlines the realization…
Agrokor
The Court Ruling confirming the settlement plan
The Court Ruling confirming the settlement plan can be found on the e-bulletin board of the Commercial Court of Zagreb (in Croatian only): https://e-oglasna.pravosudje.hr/sites/default/files/ts-zg-st/31085778.docx
Agrokor
Minutes of the Voting Hearing on the Settlement Plan
Minutes of the Voting Hearing on the Settlement Plan of Agrokor creditors held on 4 July 2018 can be found on the e-bulletin board of the Commercial Court of Zagreb (in Croatian only): https://e-oglasna.pravosudje.hr/sites/default/files/ts-zg-st/31067400.pdf
Settlement Plan of Agrokor’s Creditors Voted in Favor by 80.20 per cent of Total Claims
The Settlement Plan between the creditors of Agrokor has been voted in favor by 80.20 per cent of total claims, ie. HRK 27,075,097,019.27 out of HRK 33,759,582,335.23 of total claims. The Settlement Plan received the affirmative vote at the Settlement Plan voting hearing held on 4 July, 2018 at the Dražen Petrović Basketball Center –…
Agrokor
First Stage of Voting at the Agrokor Settlement Plan Hearing Completed
The first stage of voting at the Agrokor creditors’ Settlement Plan voting hearing, related to granting voting rights to present creditors of challenged claims, is completed. Voting rights were granted to present creditors of challenged claims holding HRK 8,433,348,110 of claims. Upon completion of the first stage of voting the Court declared the voting on…
Agrokor
Creditor Registration Completed, Voting Hearing on Agrokor Creditors’ Settlement Plan Opens
At the Agrokor creditors’ Settlement Plan voting hearing which is being held at the Dražen Petrović Basketball Center – CIBONA Hall in Zagreb the registration of all creditors has been completed. The registered attendees represent around 450 creditors with HRK 23.359bn of determined outstanding claims present. Upon registration of the creditors Nevenka Siladi Rstić, Judge…
Agrokor
Instructions to Agrokor’s Creditors for the Hearing and Voting at the Hearing
Prior to the hearing attendees are recommended to download the free application m2voting The Settlement Plan voting hearing for Agrokor’s creditors will be held on 4 July, 2018 at the Dražen Petrović Basketball Center – CIBONA Hall, Zagreb, beginning at 08:00 a.m. All of Agrokor’s creditors are invited to the hearing, irrespective of whether their…