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.

Settlement
New Agrokor Extraordinary Administration Presents Current State and Goals
07. Mar 2018.
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
Settlement
Post-Restructuring Capital Structure Considerations 2018
06. Mar 2018.
Post-Restructuring Capital Structure Considerations 2018
Agrokor
Settlement
High Commercial Court rejected the appeal from Sberbank of Russia
02. Mar 2018.
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
Settlement
Disclosure Policy adopted
01. Mar 2018.
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
Settlement
Lenders accepted the change of the Extraordinary Commissioner
01. Mar 2018.
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
Settlement
Fabris Peruško the new Extraordinary Commissioner for Agrokor, Irena Weber Deputy
28. Feb 2018.
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
Settlement
Extraordinary Commissioner for Agrokor Ante Ramljak submitted his irrevocable resignation
21. Feb 2018.
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…
Settlement
Address by the Extraordinary Trustee to the Parliamentary Committee on the Economy
15. Feb 2018.
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…
Agrokor
Settlement
Notice to creditors of Agrokor d.d. and all of its controlled and related companies – Creditors change
09. Feb 2018.
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
Settlement
Statement by the members of the Temporary Creditors’ Council
05. Feb 2018.
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…