History

2007
  • Agrokor became majority shareholder of TISAK

  • Two new contemporary pig breeding farms worth HRK 140bn opened

  • New visual identity of Jamnica packaging introduced after 27 years

  • Konzum retail chain opened its first stores in Herzegovina

  • Agrokor Group signed a Takeover Agreement for the retail and wholesale business of VF comerce and thus, besides Croatia, became food retail leader in Bosnia & Herzegovina
  • 2006
  • The Agrokor Group and the EBRD signed an Equity Investment Agreement in the amount of EUR 110m, whereby the EBRD acquired an 8.33% stake in Agrokor

  • Agrokor invested in reconstruction and modernisation of PIK Vrbovec and Belje operations and revitalized the Sljeme brand, one of the oldest brands in meat industry, by including it into the production of PIK Vrbovec; HRK 15bn worth Šarampov farm for the production of veal put in operation; new, extended production of durable sausages and bacon Baranjka, worth HRK 12m, opened; Belje wine cellars returned to the patronage of Belje joint stock company, with the whole assortment redesigned; a new filling line for ABC cheese put in operation at the Belje Dairy in Beli Manastir etc.

  • Long-term Loan Agreement between the Agrokor Group and the International Finance Corporation (IFC), the private sector branch of the World Bank, signed

  • The Agrokor Group successfully completed the process of restructuring and refinancing of its total debt through a syndicated loan arrangement under the lead of ABN AMRO, Bank Austria Creditanstalt, Privredna Banka Zagreb, Raiffeisen Zentralbank and SG Splitska Banka

  • The first hypermarket Idea extra opened in Serbia

  • Zvijezda joint stock company celebrated its 90th anniversary

  • The Agrokor Group decided to introduce SAP business information system
  • 2005
  • Dijamant a.d. Zrenjanin becomes member of Agrokor Group

  • Idea d.o.o. Beograd becomes member of Agrokor Group

  • The first store of the new Konzum format Kozmo drug store was opened.

  • Agrokor becomes majority owner of PIK Vrbovec and Belje

  • The third water "Oscar" (EAUSCAR) won by Jamnica's Jana - natural spring water
  • 2004
  • Agrokor owner of 58.11% of shares of Agrolaguna, Poreč

  • Agrokor becomes owner of two Hungarian companies, the water filling plant Fonyodi and the ice-cream factory Baldauf (today Ledo kft. Hungary)

  • 100% share of the company Sloboda, Osijek acquired

  • Konzum acquires 100% share of the company Medijator, Dubrovnik

  • First store in Bosnia and Hercegovina opened - VelPro Rajlovac

  • Konzum invests significant funds in the refurbishment and purchase of new sales outlets (Dubrovnik, Makarska, Šibenik, Hvar etc.)

  • Frikom's debt refinanced by EBRD loan in the amount of 13.1m Euro

  • The ice cream industry makes significant investments in new production and distribution capacities (Čitluk, Sarajevo, Belgrade, Zagreb, Maribor)

  • 100m Euro tap of the existing corporate bond issue on the international capital market, whole bond issue listed in the first quotation of the Zagreb Stock Exchange

  • New Jana line in operation

  • Jamnica's flavored water Jana strawberry/guava awarded with an EAUSCAR in Paris
  • 2003
  • Agrokor acquires 51% capital share of TP DC Sarajevo

  • Jamnica natural mineral water was awarded the EAUSCAR as the best natural sparkling mineral water

  • The Agrokor Group has become the owner of the majority share package (55.49 per cent) of the Frikom a.d.
  • 2002
  • Agrokor Group organizes production of first ECO-CHICKEN in Croatia

  • Acquisition of Alastor d.o.o.

  • Construction of the new natural spring water plant (Sv. Jana)

  • Eurobond issue in the amount of EUR 130m at the Luxembourg Stock Exchange
  • 2001
  • Ledo agrees strategic business cooperation with Irida from Daruvar on the distribution and production of frozen fish

  • Konzum establishes the Wholesale Centers Division

  • Konzum enters into buying up fruits and vegetables in the Neretva valley together with the company DAD Mala Neretva
  • 2000
  • A new company was founded for the production of ice cream in Citluk, Bosnia and Herzegovina by the name of Ledo Citluk

  • Agrokor opened the largest Distribution center in Croatia and this part of Europe

  • EBRD loan worth 170 million Euro to Agrokor

  • Agrokor owns a 97,4% share of Sarajevski kiseljak
  • 1999
  • Introduction of the new brand Ledo riba (Ledo fish)

  • Silos Mlinovi and SRC Andrijasevci registered as PIK Vinkovci d.d.

  • The construction of the Distribution Center begins, the biggest investment project of the Group so far

  • Installation of new juice production plant under the Juicy brand
  • 1998
  • Acquisition of Jaska vino d.d. on whose premises the production of juices and high-quality wines under the Podrum Mladina brand is located
  • 1997
  • New PET packaging capacity in Jamnica
  • 1995
  • New production line - non carbonated natural mineral water

  • Opening of the first Super Konzum

  • The Agrokor Group is registered
  • 1994
  • Modern distribution system introduced at Zvijezda and Jamnica

  • At Jamnica new production lines are in operation. Filling of original PET bottles commences

  • Acquisition of majority shareholdings at Ledo, Konzum, Silos-mlinovi, Bobis and Solana Pag
  • 1993
  • Zvijezda creates the margarine brand Margo

  • Acquisition of majority shareholdings at Zvijezda and DIP Turopolje

  • Reconstruction and commencement of production at Jamnica, that was totally destroyed in the war
  • 1992
  • Foundation of the hunting area Lovno gospodarstvo Moslavina d.o.o., the concessionaire of the hunting are near Zagreb

  • Ownership shares are acquired at Jamnica and Agroprerada
  • 1991 - 1989
  • Engagement in the construction industry

  • The soya crushing plant in Zadar is acquired

  • In 1989 the joint-stock company Agrokor was registered
  • 1988 - 1977
  • Business gets expanded by new programs: import and export of cereals, oil-crops, fruits and vegetables begin to flourish, with a significant increase in turnover and profits

  • Agrokor becomes market leader in the trade of flowers
  • 1976
  • Although in a time not well-disposed toward private entrepreneurship, already in the first year of operation the firm developed significantly, employing more than fifty people

  • The first greenhouses for the flower production are built and a countrywide distribution network is established

  • Ivica Todoric founds a private firm for the production of flowers and flower seedlings
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