Post Tagged with: "Agrokor"

Croatian business tycoon released after paying million-dollar bail

November 21, 2018 6:00 PM
Croatian business tycoon released after paying million-dollar bail

Former owner of Croatia’s food and retail group Agrokor Ivica Todoric was released from prison here on Tuesday after paying a bail of 7.5 million kuna (1.15 million U.S. dollars). Todoric was detained on Nov. 7, after he was extradited from London to Croatia where he is suspected of illegal […]

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Croatian Court extends Investigative Custody for Business Tycoon

November 9, 2018 10:30 AM
Croatian Court extends Investigative Custody for Business Tycoon

Ivica Todoric, the founder and former owner of Croatia’s food and retail group Agrokor, will remain in investigative custody, Zagreb County Court ruled on Thursday. The judge rejected Todoric’s lawyers request for bail and decided to extend his imprisonment due to the concern of flee attempt. Todoric, who is suspected […]

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Former boss of Croatia’s Agrokor extradited from Britain

November 8, 2018 2:30 PM
Former boss of Croatia’s Agrokor extradited from Britain

Ivica Todoric, the former owner of Croatia’s biggest private company Agrokor, was extradited from Britain on Wednesday night to Croatia and sent to a jail immediately after the plane landed in Zagreb. Todoric was escorted by Croatian police officers to Zagreb on a regular flight, and from the Zagreb airport […]

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Businessman Ivica Todoric to have fair trial in Croatia: minister

October 26, 2018 2:30 PM
Businessman Ivica Todoric to have fair trial in Croatia: minister

ZAGREB, Oct. 25 (Xinhua) — Croatian Minister of Justice welcomed the decision by the high court in London on Thursday to extradite Ivica Todoric back to Croatia where he is suspected of a white-collar crime. Todoric, who is the founder of Agrokor, the largest private company in the Balkans with […]

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Todoric: Sales Drop for 15 Percent in January

February 16, 2018 3:30 PM
Todoric: Sales Drop for 15 Percent in January

Ivica Todoric, the founder of Agrokor, yesterday announced a new post on his website, analyzing the “incompetence of Agrokor’s extraordinary administration,” with the message “leave the job you don’t know to do, enough of your harm!” Todoric, among other things, said that in January 2018, Konzum had a sales drop […]

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BH Retail Chains profited from the Crush of Agrokor?

February 11, 2018 1:00 PM
BH Retail Chains profited from the Crush of Agrokor?

The leading European magazine for retail, European Supermarket Magazine (ESM), published a new text on BiH, in which it noted the large expansion of domestic retail chains. The magazine quoted the research of Euromonitor, in which was stated that Agrokor’s problems largely improved the position of other participants on the […]

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Agrokor denies selling the Konzum Stores in BiH

January 13, 2018 2:00 PM
Agrokor denies selling the Konzum Stores in BiH

The Administration of Agrokor denied on Thursday the allegations of media in Bosnia and Herzegovina (BiH) that called on the European Supermarket Magazine, about selling the Konzum stores in BiH by this group. “Konzum BiH does not withdraw from the market. According to the latest report of the extraordinary administration, […]

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Slovenian Media: Bingo could buy Mercator

January 5, 2018 2:45 PM
Slovenian Media: Bingo could buy Mercator

Merchant chain Mercator in Bosnia and Herzegovina (BiH) could soon be offered for sale, the prominent Slovenian daily “Dnevnik” writes. As sources of this daily claim, some investors from the Arab world and merchant chain Bingo are interested in buying. Investors from Serbia are interested in taking over the commerce […]

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Mercator plans to get Sales Revenue of 2.4 Billion Euros in 2018

December 17, 2017 4:00 PM
Mercator plans to get Sales Revenue of 2.4 Billion Euros in 2018

“Supervisory Board of Mercator has accepted business plan which predicts increase in revenues and profits in the coming years, “ announced the Slovenian retail chain owned by Agrokor. “For 2018, sales revenue of 2.4 billion euros is planned, with gradual growth in the following years, and revenue in 2021 would […]

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Agrokor’s Companies in BiH managed to preserve 85 % of Workplaces

December 12, 2017 1:15 PM
Agrokor’s Companies in BiH managed to preserve 85 % of Workplaces

Agrokor’s companies in BiH had a total of 4,255 employees in December 2016, so that after the affair that Agrokor and Konzum in BiH went through, they ended up having a total of 3,639 employees in October 2017. Therefore, this data shows that there was 616 employees less in Agrokor’s […]

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