Fortenova Group takes over Agrokor’s business in Croatia

Fortenova Group takes over Agrokor’s business in Croatia

Published at: 2019-04-02 10:01 | Author: CIJ Serbia
Fortenova Group has taken over Agrokor Group business holdings. The Croatian food and retail company, which had entered bankruptcy proceedings in 2017 under the weight of a €7m debt, operates a total of 159 companies, of which 47 are considered unsustainable, while 30 are sustainable. They will continue to operate under Fortenova. Its largest shareholder, Russia’s Sberbank with a 39.2 percent stake, said early this year that it planned to offload the company.

Similar Stories:

IMF to open regional office in Vienna
The International Monetary Fund will open a regional office in Vienna to strengthen relati  »
Slovenian bus company Nomago expands in Europe
The Slovenian bus line Nomago will be expanding its InterCity service to seven new Europea  »
Tele2 sells Croatia operations to United Group
The Swedish company Tele2 AB has sold its Croatian business to United Group, with the tran  »
Representatives of Svoboda & Williams Met With a Delegation of the International Monetary Fund
In early May, representatives of the Svoboda & Williams real estate agency met with a  »
Is it a priority for you to strengthen your teams in all areas or do you think it’s bett   »
How was 2018 for you? Have you been able to take full advantage of these strong economic t   »
Why has it taken so long for development of the central western portion of Bucharest to be   »
Where do you see your company going over the next two years? We are staying true to the   »