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
Agrokor Restructuring Wins Prestigious International Award
The financial restructuring of Agrokor during the course of the Extraordinary Administration Procedure, resulting in a settlement between the creditors and its successful implementation, was assessed in the USA as the most significant international company transaction of its kind worldwide. The team in charge of the process headed by the Extraordinary Commissioner Fabris Peruško won…
Agrokor
Revenue Growth in all Segments of the System that has Become Fortenova Group as of 1 April 2019
Agrokor Monthly Report March 2019 Since 10 April 2017 the Extraordinary Administration of Agrokor has prepared and published 24 monthly reports outlining the economic and financial situation within the Agrokor Group and reporting on the realization of operating activities and overall operations of Agrokor d.d. and its 16 operating companies in three business segments: Retail…
Agrokor
Fortenova Group begins its business operations today
Fortenova Group began its business operations today, and this marked successful implementation of the settlement of Agrokor creditors, or in other words a plan of financial and equity restructuring of a company that was on the verge of bankruptcy two years ago due to inability to settle its obligations. The application of the Act on…
Agrokor
Fortenova Group registered with the court registry of the Commercial Court of Zagreb
The Commercial Court of Zagreb issued a resolution on 26 March 2019 whereby the name of the company Aisle HoldCo d.d. has been changed in the court registry into Fortenova grupa d.d. and the business address for the said company has been changed from Radnička cesta 80, Zagreb to Marijana Čavića 1, Zagreb. Additionally, pursuant…
Agrokor
Notice to future New Instrument Beneficiaries
Notice to future New Instrument Beneficiaries regarding Registrar Portal in connection with voting at the Initial DR Holder Meeting  Dear future New Instrument Beneficiary, This communication is being sent to you on behalf of Agrokor d.d. (“Agrokor“). We refer to the settlement plan relating to the restructuring of Agrokor submitted by the extraordinary administrator pursuant…
Agrokor
All Business Sectors of Agrokor Record Growing Revenue and Profits
Agrokor Monthly Report February 2019 Agrokor Group to Become Fortenova Group as of 1 April 2019 The Extraordinary Administration’s monthly report related to the period from 11 February to 10 March 2019 was published today, providing an update of the economic and financial situation in the Agrokor Group and reporting on the operating activities of…
Agrokor
Notice to Noteholders Regarding Public Announcement Date
To the attention of noteholders in respect of the (a) EUR 325 million 9.125% New York law governed senior notes due to mature in 2020 (ISINs: XS0836495183 / XS0836495696), (b) USD 300 million 8.875% New York law governed senior notes due to mature in 2020 (ISINs: USX0027KAG32 / US00855UAB52, CUSIPs: X0027KAG3 / 00855UAB5) and (c)…
Public Announcement of the Implementation Commencement Date
Pursuant to the resolution of the Commercial Court of Zagreb of 1 March 2019 (case no. St-1138/17) and Cl. 17.1 of the Settlement Plan, the Extraordinary Administrator of the debtor Agrokor d.d. pronounces 1 April 2019 as the Implementation Commencement Date on which implementation of the restructuring measures and the settlement steps envisaged by the…
Interim Creditors’ Council of Agrokor d.d. decide for Fortenova Group to become operative April 1st, 2019
At the session held on February 28, 2019 the Interim Creditors’ Council of Agrokor d.d. approved the proposal of the Extraordinary Commissioner and decided to suggest to the Commercial Court of Zagreb to determine for the Public Announcement Date to be March 1st 2019, to set the Implementation Commencement Date on April 1, 2019 and…
Agrokor
Agrokor Group Operations Marked by Final Preparations for the Settlement Plan Implementation
Agrokor Monthly report January 2019 The Agrokor Group has published its monthly report on the operations of 16 companies covering the period from 11 January to 10 February 2019. The companies’ financial results for the year ended as at 31 December 2018 are subject to a statutory audit obligation, with the audited results expected to…