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.

The film Agrokor: The end and the new beginning documents the situation in the system during the first quarter of 2017 and reminds of the reasons why the Extraordinary Administration was initiated.

Agrokor
Disclosure Policy adopted
The Interim Creditors’ Council adopted the Disclosure Policy at its session on 21 February 2018. The Disclosure Policy provides a framework to make public all information made available by the Company to the ICC that is materially relevant to the terms of the settlement plan (“Information”), and to ensure that all creditors who are not…
Agrokor
Lenders accepted the change of the Extraordinary Commissioner
Senior Priority Facility Agreement lenders have accepted the appointment of Fabris Peruško as Extraordinary Commissioner and Irena Weber as Deputy Extraordinary Commissioner in Agrokor d.d. and that they have stated that they will not exercise their rights from the Agreement regarding the change of the Extraordinary Commissioner.
Agrokor
Fabris Peruško the new Extraordinary Commissioner for Agrokor, Irena Weber Deputy
On 28 February 2018 the Commercial Court in Zagreb has, according to the proposal of the Government of the Republic of Croatia, relieved Ante Ramljak of duty as Extraordinary Commissioner in the company Agrokor d.d., and appointed Fabris Peruško as the new Extraordinary Commissioner for Agrokor d.d. The Commercial Court has also, according to the…
Agrokor
Extraordinary Commissioner for Agrokor Ante Ramljak submitted his irrevocable resignation
The Extraordinary Commissioner for Agrokor Ante Ramljak submitted his irrevocable resignation to the Prime Minister of Republic of Croatia yesterday. Ramljak explained the reason for submitting the resignation with the following words: “Together with my associates and the employees of Agrokor I have stabilized the business activities, we have preserved jobs, prevented the suppliers from…
Address by the Extraordinary Trustee to the Parliamentary Committee on the Economy
Esteemed Members of the Board, dear Members of Parliament, Ladies and Gentlemen, At the time Ivica Todorić on Friday, April 7 last year together with all Members of the former Management Board signed the request to activate the Extraordinary Administration Procedure at Agrokor I was on vacation in Split. This is where the call on…
Executive Director of AlixPartners And Main Restructuring Adviser: ‘There Is Not Much Time Left To Save Agrokor But I Believe In Success’
published in: Jutarnji List, by Viktor Vresnik, 10 February 2018 Whoever visited old Agrokor, at Cibona’s Tower in the center of Zagreb, will immediately experience the gravity of the upcoming changes in the Spartan business building in the industrial zone Žitnjak, where today’s company is headquartered. “Get upstairs on the first floor, then turn left,” the…
Agrokor
Notice to creditors of Agrokor d.d. and all of its controlled and related companies – Creditors change
In accordance with the Statement of reasons of the Commercial Court of Zagreb in the Court Order on Determined and Contested claims dated 15 January 2018 (page 635), the said Court Order shall not be corrected in case there is a change of creditors of registered claims. The abovementioned creditor changes, that the Extraordinary Commissioner…
Agrokor
Statement by the members of the Temporary Creditors’ Council
Following comments on the Extraordinary Administration procedure in Agrokor as reported in the media, the Temporary Creditors’ Council wishes to communicate: Creditors of Agrokor have invested substantial funds in Agrokor and together with the Extraordinary Administrator and the engaged advisers of Agrokor they are focused on avoiding of the bankruptcy scenario and on recovery of…
Agrokor
Invitation to creditors
Agrokor d.d. Marijana Čavića 1 10000 ZAGREB EXTRAORDINARY COMMISSIONER   INVITIATION TO CREDITORS By the order of the Commercial Court of Zagreb of 15 January 2018, file no. 47. St-1138/17, under item I of the dispositive part, claims of creditors of the second higher payment priority ranking in the Extraordinary Administration Proceeding against the debtor…
Agrokor
Statement by the members of the Temporary Creditor’s Council
Following media comments on engagement of advisers in the extraordinary management procedure in Agrokor, the members of the Temporary Creditors’ Council wish to communicate : Extraordinary administration procedure in Agrokor is a legally defined procedure and it is managed by the bodies prescribed by the law, incluiding clearly defined authorities of the competent court and…