Croatia

Agrokor announces report on state of the concern and next steps

Hina
Wednesday 29 March 2017 19:24 CEST
Last modified on Thursday 30 March 2017 00:48 CEST

The Agrokor concern on Wednesday announced that it would soon release a report on the situation in the concern and the steps to be taken.

"Agrokor will soon release a report regarding all the relevant facts about the current situation and future steps the company will take. We don't wish to comment on various conclusions and visions of Agrokor's future," Agrokor said in a press release.

The press release came after the media reported that the Croatian government and a pool of Agrokor's creditors intend to sign a standstill agreement of the concern's debts, carrying a statement by Yuri Soloviev, first deputy chief executive with Russia's VTB Bank.

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