News

Extraordinary administration over Agrokor

Pursuant to the Law for the Extraordinary Administration for Companies with Systemic Importance for the Republic of Croatia (Official Gazette of the Republic of Croatia nr. 32/2017) as of April 7th 2017 the Management board of AGROKOR Group for company management, production and trade in agricultural products, a joint stock company, Zagreb (city of Zagreb), Zagreb, Trg Dražena Petrovića 3, Tax No. (OIB): 05937759187 (hereafter: Agrokor/Debtor), has submitted a proposal to initiate the procedure for extraordinary administration at the Zagreb Commercial Court.

The Zagreb Commercial Court issued, on April 10th 2017, a Decision to initiate the procedure for extraordinary administration over Agrokor and some of its affiliated or subsidiary companies.

Mr. ANTE RAMLJAK, Zagreb, Nova Cesta 126, OIB 16959950253, was appointed extraordinary commissioner / trustee for Agrokor, with rights and obligations of the Debtor, and who represents the Debtor independently and individually. The extraordinary commissioner / receiver independently manages business operations of the Debtor and carries out all procedural actions entrusted onto him in accordance with the Law for the Extraordinary Administration for Companies with Systemic Importance for the Republic of Croatia.