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.

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 its supervisory powers.

Creditors of Agrokor have invested substantial funds in Agrokor and together with the commissioner and the engaged advisers of Agrokor they are focused on recovery of highest possible portion of their claims.

In that sense we appreciate work of the extraordinary management and the engaged advisers, without whom it would not be possible to duly accomplish that task.

Reaching of the settlement in the very short legally prescribed term presents our priority.

Other news

Agrokor
Extraordinary Administration Procedure closed, Agrokor erased from Court Registry
13. Oct 2022.
Pursuant to the published final ruling of the Commercial Court of Zagreb, the Extraordinary Administration Procedure in Agrokor has been closed and Agrokor d.d. has been erased from the Court Registry. With its Ruling dated 19th July 2022 the Commercial Court of Zagreb has established that with the legally effective amalgamation of 46 non-viable companies…
Agrokor
NOTICE TO AGROKOR’S IMPAIRED CREDITORS WHO FAILED TO SUBMIT KYC FORM: The cancellation of Strips of New Instruments
07. Apr 2020.
We make reference to the Settlement Plan of Agrokor d.d. et al as confirmed by the Commercial Court of Zagreb on July 6th 2018. Impaired Creditors who were entitled to receive the New Instruments under the Settlement Plan, i.e. New Instruments Beneficiaries, were according to the Article 19.2.3 of the Settlement Plan obliged to submit…
Agrokor
IMPORTANT NOTICE TO AGROKOR’S IMPAIRED CREDITORS: Instructions to receive the New Instruments
18. Mar 2020.
We make reference to the Settlement Plan of Agrokor d.d. et al as confirmed by the Commercial Court of Zagreb on 6 July 2018. In order to receive the New Instruments in accordance with the Settlement Plan, all Impaired Creditors who are entitled to receive the New Instruments under the Settlement Plan must validly complete…