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.

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 proposal of the Government of Republic of Croatia, appointed Irena Weber as Deputy Extraordinary Commissioner.

Both of them are experts who are already working in the Agrokor system. Fabris Peruško was Member of the Management Board of Tisak in charge of finance and restructuring and Irena Weber was the Advisor to the Extraordinary Commissioner for non-core businesses and asset portfolio. Because of this they are capable of taking over and running the Extraordinary Administration and the settlement process within the shortest possible time, in accordance with the deadlines stipulated by the Act on the Extraordinary Administration procedure in companies with systemic importance to the Republic of Croatia.

Fabris Peruško was born in Pula on September 19, 1973

He has a degree in electrical engineering and a Master degree in Economics from the University of Ljubljana.

He acquired his MBA degree in 2008 at the prestigious US University Babson College in Boston, ranked for more than 20 years as America’s best entrepreneurship university.

His broad business competencies are based on experience gained in IT business, investment banking and consultancy services on restructuring projects in various industries.

Mr. Peruško started his career in the Slovenian IT firm Halcom, today owned by the Canadian company Constellation Software Inc. At Halcom he was responsible for the expansion of business to the CEE and Middle East markets. During his stay in the US he works for the Boston-based investment bank Bulger Capital Partners and after his MBA graduation he joins the world’s leading consultancy company McKinsey&Co., where he specializes in restructuring projects in various industries across Europe and Russia.

After five years of career in consulting, in 2013 he applies the previously gained experience as COO of the Moscow-based company, the Russian division of the London Global Fashion Group. The focus of his work was on changing the business model and restructuring certain divisions of the Group.

In May 2017 he joins Tisak as Member of the Management Board in charge of finance and restructuring, at a point when this Agrokor Group company was facing a financially and operationally most complex situation. With the stabilization of operations and the restructuring of Tisak around 3600 jobs were preserved. By acting in this capacity Mr. Peruško has been actively involved in the restructuring process of the Agrokor Group almost since the very beginning of the extraordinary administration procedure.

Fabris Peruško speaks English, Slovenian, Italian and Russian.

Irena Weber was born in Split on December 13, 1973.

She graduated from the Faculty of Economics in Zagreb in the year 2000 and holds a degree in finance.

She has been Advisor to the Extraordinary Commissioner at Agrokor for non-core businesses and the asset portfolio since April 2017.

Before joining Agrokor, the finance and investment professional served as Management Board Member at Kent Bank in charge of the corporate sector, legal sector and IT.

From 2008 to 2016 she held various responsible positions at Addiko Bank where she was, amongst other things, Executive Director in charge of investment banking, corporate banking and for two years headed the retail banking operations.

She started her career at the CAIB investment bank in the year 2000, where she advanced to the position of Assistant Director.

At CAIB she ran and participated in numerous restructuring and privatization projects as well as mergers and acquisitions in Croatia and the region. Amongst other things, she advised the Croatian Government in the restructuring and privatization process of the shipbuilding sector as well as the privatization process of the insurance company Croatia osiguranje and of Dubrovačka banka. She advised the investor Heidelberg cement in the privatization project of the Kakanj cement plant in Bosnia and Herzegovina.

After leaving CAIB, she ran the brokerage company TO ONE as Partner and Director.

She attended a number of professional educations, passed the exams as investment adviser and broker and works part time as lecturer at the Zagreb Stock Exchange Academy.

Irena Weber speaks English and French.