News

A SUCCESSFUL BEGINNING OF 2002 BRINGS FURTHER GROWTH OF REVENUES AND PROFITS

In the first quarter of 2002 Agrokor has recorded a further strong growth of business results. The consolidated Group revenues amounting to Kn 1.2bn exceed the revenues generated in the first three months of last year by 49%. Operating profits for the same period increased by 53%. The results achieved by Agrokor companies in the first quarter of this year in exports exceed those from the same period of 2001 by 45.5%. The beginning of the year was at Agrokor marked by the issue of corporate bonds at the Luxembourg Stock Exchange. New significant investments were started - the construction of Jamnica's new plant at Sv. Jana and the construction of two new Super Konzums in Rijeka and Dugo Selo. The completion of these investements is expected by mid year already.