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1 Grave concerns

Agrokor woes

Croatia's largest privately-held concern Agrokor has been in financial turmoil since January when global ratings agency Moody's downgraded its corporate family rating (CFR) to B3 from B2. Following Moody's decision, Agrokor pulled out of a syndicated loan deal it had struck with several international lenders, which sent the price of its bonds on international markets into a downward spiral.

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Croatia's Fortenova explores sale of agri unit

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30-01-2024
Word for word

"Not one euro stolen or hidden at Agrokor."

Agrokor owner Ivica Todoric
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Word for word

"The figures are shocking. I don't know how they were kept quiet all these years."

Agrokor receiver Ante Ramljak
Analyses & figures
In numbers
2.9 bln euro

Difference between Agrokor's actual capital at end-2016 and reported capital a year earlier.

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