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
Report on the transfer of duties
Report on the transfer of duties 05032018
New Agrokor Extraordinary Administration Presents Current State and Goals
Agrokor’s Extraordinary Administration – Fabris Peruško and Irena Weber, presented the goals of the new Extraordinary Administration at Agrokor, focusing on the settlement process, as well as the report on the current state of Agrokor at the moment of transfer of duties of the Extraordinary Administration. The new Extraordinary Administration took over the management of…
Agrokor
Post-Restructuring Capital Structure Considerations 2018
Post-Restructuring Capital Structure Considerations 2018
Agrokor
High Commercial Court rejected the appeal from Sberbank of Russia
The High Commercial Court of the Republic of Croatia rejected the appeal from Sberbank of Russia in its ruling of 1 March 2018. It found the appeal against the resolution of the Commercial Court of 23 November 2017 to be unfounded. The matter concerned the application of Sberbank to have the Commercial Court declare null…
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…